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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?
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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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संबंधित प्रश्न
The government imposes tax ______.
The major objective of monetary policy is ______.
Wealth tax is an example of:
Citing reason state the advantage of a direct tax over an indirect tax.
Classify the following type of tax into direct and indirect taxes:
Income tax
Classify the following type of tax into direct and indirect taxes:
Sales tax
How does the state fulfil the following socio-economic objective?
Environmental protection.
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
Three demerits of an Indirect tax.
Citing reasons state the superiority of Progressive tax over regressive tax.
