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Naitik
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Asked: 2021-07-05T09:20:19+00:00 In:

What is a ‘Subsidy’?

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NCERT Important Questions Class 9 Social Science Economics
Important NCERT Extra Questions
Chapter 4 Food Security in India,
NCERT Book Extra Questions for Session 2022-2023
CBSE Board and UP Board Others state Board

2021-2022cbsechapter 4chapter 4 food security in indiaclass9economicsncertsocial science
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      ‘subsidy’ is a payment that a government makes to a producer to supplement the market price of a commodity. Subsidies can keep consumer prices low while maintaining a higher income for domestic producers.

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