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प्रश्न
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
थोडक्यात उत्तर
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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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Role of State in Economic Development
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 6: The State and Economic Development - QUESTIONS [पृष्ठ १६७]
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संबंधित प्रश्न
______ are those taxes which are paid by the same person on whom they have been imposed.
Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.
Instrument of monetary policy is:
The following table indicates:
| Tax Base in ₹ | Rate of tax in % |
| 10,000 | 8 |
| 20,000 | 8 |
| 30,000 | 8 |
| 40,000 | 8 |
Wealth tax is an example of:
Distinguish between fiscal policy and monetary policy.
Define direct tax
State the difference between income tax and expenditure tax.
Classify the following type of tax into direct and indirect taxes:
Income tax
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
