What is a tool that the government uses to help farmers be able to afford fertilisers?

Ceiling

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Minimum support price

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Price floor

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Subsidy

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Solution

The correct option is D
Subsidy

Subsidies allow farmers to purchase fertilisers as inputs.

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Similar questions

Q. In an attempt to make fertilisers affordable to farmers, the government uses the instrument of .

Q. How does Minimum Support Price help a farmer?

Q. If traders are unwilling to buy at Minimum Support Price (MSP), government agencies like _____ buy from the farmers at the fixed MSP.

Q. Choose the correct option.

Statement I: Minimum Support Price acts as an incentive for farmers to grow more crops.

Statement II: Minimum Support Price is determined by the farmers.

Define Price Floor. What is the common purpose of fixation of floor price by the government ? Explain any one likely consequence of this nature of intervention by the government.

Define Price Ceiling. What is the common purpose for the price ceiling imposed by the government? Explain any one likely consequence of this nature of intervention by the government in the price determination process.

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What is a tool that the government uses to help farmers be able to afford fertilisers?

The correct option is D Subsidy Subsidies allow farmers to purchase fertilisers as inputs.

The correct option is D
Subsidy

Subsidies allow farmers to purchase fertilisers as inputs.