Question

Subsidies are given based on the benchmark costing

Answer 1

Answer:

subsidies are given based on benchmark

Answer 2

Subsidies are given based on the benchmark costing. - True.

• Cost benchmarking is a tool used by businesses to compare their outsourcing costs to those of similar businesses in the global services industry.
• A subsidy is a government-provided benefit to an individual, business, or organization. Alternatively, money paid by the government or others to assist an organization or keep the cost of a service low.
• For example, subsidies of up to 40% of the benchmark cost or tender cost, whichever is lower, are available for RTS plants with capacities up to 3 kW.

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