Q: As per the Budget Estimates of expenditure on major subsidies during 2019–20, the maximum expenditure was likely to be on
(a)urea subsidy
(b)petroleum subsidy
(c)food subsidy
(d)fertilizer subsidy
Correct Answer: (c)
The correct answer is (d) 'fertilizer subsidy'. This question from the Indian Economy domain tests knowledge of Fiscal Policy & Budget.