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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?
संक्षेप में उत्तर
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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.
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Role of State in Economic Development
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संबंधित प्रश्न
Fiscal policy means public expenditure and tax policy of the government.
Instrument of monetary policy is:
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
Wealth tax is an example of:
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| Column I | Column II | ||
| A. | Impact of tax | (i) | Price stability |
| B. | Incidence of tax | (ii) | Simple to calculate |
| C. | Objective of Monetary Policy | (iii) | Ultimate burden of tax |
| D. | Proportional tax | (iv) | Original imposition of tax |
Differentiate between direct and indirect taxes.
Define a degressive tax.
An indirect tax is not always equitable. Give two reasons to support your answer.
What is meant by shifting of tax burden?
Give an example of Indirect tax.
