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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 १८४]
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संबंधित प्रश्न
The government imposes tax ______.
Monetary policy means regulation of money supply by the monetary authority.
Identify the tax which is most likely to faster civic conciousness.
Which of the following taxes generate civic consciousness among people?
Differentiate between direct and indirect taxes.
An indirect tax is not always equitable. Give two reasons to support your answer.
Classify the following type of tax into direct and indirect taxes:
House tax
Define a tax.
Explain briefly two merits of indirect tax.
Explain how indirect taxes can be made progressive.
