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      Question

      In 2023, Indian farmers were implicitly taxed a

      significant amount through export restrictions and price policies. What was this estimated tax amount?
      A $90 billion Correct Answer Incorrect Answer
      B $100 billion Correct Answer Incorrect Answer
      C $110 billion Correct Answer Incorrect Answer
      D $120 billion Correct Answer Incorrect Answer
      E $130 billion Correct Answer Incorrect Answer

      Solution

      According to the OECD report, Indian farmers faced an implicit tax of $120 billion in 2023, primarily due to export restrictions and policies that reduced agricultural commodity prices.

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