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‘Land ceiling promotes equity.’ Support the given statement with valid explanation. - Economics

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Question

‘Land ceiling promotes equity.’ Support the given statement with valid explanation.

Answer in Brief
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Solution

Land ceiling means fixing the maximum size of land which could be owned by an individual, beyond which it would be taken over by the government and would be allotted to landless and small farmers. The purpose of land ceiling was to reduce the concentration of land ownership in few hands and promote equity.

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2022-2023 (March) Sample

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