UPPSC 2022 General Studies I Solved Paper

With reference to agricultural subsidies in India, consider the following statements.
1. The input subsidy in India such as on fertilizers falls under indirect farm subsidy.
2. Reductions in power and irrigation bills offered to farmers falls under direct farm subsidy.
3. The agricultural provisions of the World Trade Organization (WTO) allow direct farm subsidies, but prohibit indirect subsidies.
4. All subsidies provided by governments in India fall under indirect subsidies.
Select the correct statement with the help of the code given below.