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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
______ are those taxes which are paid by the same person on whom they have been imposed.
Under ______ the rate of tax increases with rise in tax payer's income.
Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.
The state can promote economic development by ______.
Which of these taxes is most likely to be progressive?
What is meant by regressive taxation?
An indirect tax can be made progressive by imposing higher tax rates on luxuries. Justify the above statement.
State two differences between income tax and commodity tax.
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
State the four merits of a direct tax.
