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प्रश्न
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
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उत्तर
- Industrialisation is a process of growth and expansion of industries in a country. The government can come forward for the establishment of basic industries (e.g. steel industry, heavy chemical industry) which are generally not taken up by the private investor for want of risks and huge investments.
- The state can also provide various inputs at subsidised prices to encourage private investment in industries.
- The government can provide relief to certain industries in the shape of lowering the taxes so that they could compete with foreign industries.
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संबंधित प्रश्न
The government imposes tax ______.
Instrument of monetary policy is:
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
Which of the following taxes generate civic consciousness among people?
'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.
Classify the following types of tax into direct and indirect taxes:
- Entertainment tax
- Income tax
- House tax
- Sales tax
Give two reasons why the government imposes tax?
How does the state fulfil the following socio-economic objective?
Environmental protection.
State two differences between income tax and commodity tax.
Explain the state's role in achieving the objective of social justice in less developed countries.
