NextQ158

(i) "To promote green revolution, the Indian government provided fertilizer subsidies to the farmers." Briefly explain any two arguments in favour of such subsidies. (ii) As per a news report dated, 8th Oct. 2021, the Government of India sold its entire 100% stake in Air India. Tata sons, the original founder of Air India won the bid and purchased the airline for Rs. 18,000 crore. (1) Identify the step taken by the Government of India. (2) State any two ways in which identified step can be executed by the government. (i) "After 1991, reforms in external sector led to an increase in foreign exchange inflows". Justify the given statement with valid argument. (ii) "During the planning period, public sector was given a dominant role in Indian Economy." Justify the rationale behind this step taken by the Government of India.

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Question 157

Read the following statements : Assertion (A) and Reason (R). Choose one of the correct options given below : Assertion (A) : Under the land reforms, Indian government fixed the minimum land size which could be owned by an individual. Reason (R) : The purpose of land ceiling was to avoid the concentration of land ownership in a few hands.

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