Question

    The Union Cabinet has approved the nutrient-based subsidy (NBS) rates for Rabi season 2023-24 on phosphatic and potassic fertilisers.A subsidy of _______ has been fixed for nitrogen based fertilisers.

    A Rs.38.70 Correct Answer Incorrect Answer
    B Rs.41.34 Correct Answer Incorrect Answer
    C Rs.45.51 Correct Answer Incorrect Answer
    D Rs.47.02 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Union Cabinet has approved the nutrient-based subsidy (NBS) rates for Rabi season 2023-24 on phosphatic and potassic fertilisers (from October 1, 2023 to March 31, 2024). A subsidy of Rs 47.02, Rs 20.82, Rs 2.38, and Rs 1.8 have been fixed for Nitrogen-based, Phosphatic, Potassic, and Sulphur-based fertilisers, respectively. 

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