Assertion (A): Subsidy is a Transfer Payment
Assertion (A): Subsidy is a Transfer Payment.
Reason (R): Subsidy contributes to current flow of goods and services.
Alternatives:
(a) Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A)
(b) Both Assertion (A) and Reason (R) are True and Reason (R) is not the correct explanation of Assertion (A)
(c) Assertion (A) is True but Reason (R) is False
(d) Assertion (A) is False but Reason (R) is True
Anurag Pathak Changed status to publish December 6, 2023
Ans – (c)
Assertion (A): It’s true subsidy is a transfer payment. because it is a unitaral (once-sided) transfer.
Reason (R): its false, Subsidy does not contributes to current flow of goods and services
Anurag Pathak Changed status to publish December 6, 2023
