Which of the following statements is/are correct with reference to the fertiliser subsidy?
A. The Union government has recently increased the subsidy for DAP fertiliser from Rs. 500 per bag to Rs. 1200 per bag, which is an increase of 140%.
B. DAP is manufactured by reacting Ammonia with Phosphoric acid under controlled conditions in fertilizer plants.
C. Both A & B
D. None of these
Explanation:
A historic decision was taken to increase the subsidy for DAP fertiliser from Rs500 per bag to Rs1200 per bag, which is an increase of 140%. DAP is manufactured by reacting Ammonia with Phosphoric acid under controlled conditions in fertilizer plants. PM Narendra Modi chaired a high level meeting on the issue of fertiliser prices. It was discussed that the price of fertilisers is undergoing an increase due to the rising prices of phosphoric acid, ammonia etc internationally.
