(D) is clearly incorrect because subsidies are revenue expenditure, not capital expenditure, as they do not create assets or reduce liabilities. (C) is also criticised in NCERT, which argues subsidies are not necessarily a burden if they help achieve equity and production goals. Hence (C) and (D) only are incorrect.
Choose the incorrect statement about subsidies given below : (A) Subsidies are economic benefits granted by Government. (B) Subsidies help in…
CUET UG 2022 — Economics Indian Economic Development
2022mcqmedium
Choose the incorrect statement about subsidies given below :
(A) Subsidies are economic benefits granted by Government.
(B) Subsidies help in increasing production.
(C) Subsidies are burden on Government budget.
(D) Subsidies are Capital expenditure.
(E) Subsidies were needed to encourage formers to test the new technology.
Choose the correct answer from the options given below :
Official previous-year question
Verified 13 Jul 2026.
Options
- A
(B) and (C)
- B
(C) and (D) only
- C
(B) and (C) only
- D
(A) and (E) only
Did you get this right?
Sign in to track your attempts and accuracy.
Your note
Sign in to keep a private note on this question. Nothing you write is ever public.
CUET UG Indian Economic Development in other years
More CUET UG Indian Economic Development questions
Chronologically, arrange the following events: (A) Announcement of demonetisation. (B) Circulation of fake currency. (C) Existing ₹500 and ₹1000 notes lost legal tender. (D) Visible reduction in tax evasion. Choose the correct answer from the options given below:
2025medium
Which of the following is not a feature of centrally planned economy?
2025medium
The minimum assured price offered by the government to the farmers for the purchase of their output is called?
2025easy
Match List-I with List-II | List-I | List-II | |---|---| | (A) Food Availability Decline (FAD Theory) | (I) Maximum Price | | (B) Price Ceiling | (II) Entitlement Failure | | (C) Floor Price | (III) Minimum Support Price | | (D) Public Distribution System | (IV) Fair price Shops | Choose the correct answer from the options given below:
2025medium
Arrange the following in ascending order in respect of their year of implementation (in India). (A) Goods and Service Tax. (B) Demonetization of 500 and 1000 currency notes. (C) Fiscal responsibility and Budget Management Act. (D) Economic Reform. Choose the correct answer from the options given below:
2025medium
Other Economics topics for CUET UG
Keep practicing Indian Economic Development
Work through every CUET UG Indian Economic Development PYQ, year by year.