APPSC Group 2 Mains 2019 Paper 3 · Question 122

Question 122 of the APPSC Group-II Mains 2019 Paper III (30 August 2019). Try it first, then open the answer and explanation.

1. Mains 2019 · P-III · Q122 · Economy (India & AP) · External Sector

   What are blue-box subsidies?

   'బ్లూ-బాక్స్' సబ్సిడీలు అనునేమి?

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   Answer: Production-limiting subsidies that distort trade

   సమాధానం: ఉత్పత్తి పరిమితం చేసి వ్యాపారంను కుదించే సబ్సిడీలు

   Under WTO rules, blue-box subsidies are linked to production but come with limits on output. They are allowed without caps.

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