Q1. In the context of fertilizer subsidies in India, what does the 'Nutrient Based Subsidy (NBS)' policy refer to?
- A. A scheme in which a fixed per-kilogram subsidy is provided on Phosphatic and Potassic (P&K) fertilizers based on their nutrient content, with Maximum Retail Price determined by manufacturers.
- B. A direct cash transfer to farmers calculated on the basis of soil-health-card recommended nutrient doses.
- C. A scheme under which the Centre reimburses State Governments the differential between international and domestic prices of urea.
- D. A subsidy provided to fertilizer manufacturers solely on the basis of the freight cost of moving fertilizers between states.