Current Affairs

GK MCQs Section

Page-2 of Topic: Subsidies

India's Fiscal Deficit Hits Around 115% of FY19 Target

India’s fiscal deficit in the first eight months of FY2018-19 rose to Rs 7.17 lakh crore, hitting around 115% of the budgeted target for the current financial year,...

December 28, 2018

What is the meaning of bailout?

The bailout is a process whereby financial support is extended to any individual, organization or even country which has financially failed and is faced with looming threat of...

December 6, 2017

Amber Box Subsidies: Issues Around AMS and Recent India-China Proposal

Recently, in a joint proposal submitted to the World Trade Organisation (WTO), India and China have called for elimination of trade-distorting farm subsidies given by developed countries as...

September 1, 2017

Government withdraws subsidy to mild hybrid vehicles under FAME scheme

The Union Ministry of Heavy Industries and Public Enterprises has withdrawn subsidy given to mild hybrid vehicles under FAME India (Faster Adoption and Manufacturing of Hybrid and Electric...

April 4, 2017

Union Government notifies Aadhaar Act, 2016

The Union Government has notified the Aadhaar (Targeted Delivery of Financial and other Subsidies, benefits and services) Act, 2016. The Act will provide statutory backing for transfer of...

March 28, 2016

JAM Trinity and Subsidy Delivery System

JAM is an acronym which stands for Jan Dhan Yojna, ADHAAR and Mobile number. It is seen as the biggest reform regarding direct subsidy transfer in terms of...

December 25, 2015

Key Facts About Fertilizer Subsidy Policy in India

Fertilizer subsidy is the difference between the retention price of fertilizers and the price at which fertilizers are made available to consumers. The difference is paid to industry...

October 10, 2015

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