Advertisements
Advertisements
प्रश्न
'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.
Why is government support necessary to build up economic infrastructure in a developing economy?
Advertisements
उत्तर
- Investment in infrastructure is crucial as it promoters investment both in private as well as public sectors.
- Infrastructural facilities are quite inadequate in a developing economy. Private investors do not like to invest in their development. So state's role is considered indispensable.
APPEARS IN
संबंधित प्रश्न
______ are those taxes which are paid by the same person on whom they have been imposed.
The government imposes tax ______.
Fiscal policy means public expenditure and tax policy of the government.
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
An indirect tax is not always equitable. Give two reasons to support your answer.
Briefly explain why direct taxes foster civic consciousness among people.
Give one example of progressive tax.
State two differences between income tax and commodity tax.
Explain the following with examples:
Progressive tax
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
