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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
Fiscal policy means public expenditure and tax policy of the government.
Identify the tax which is most likely to faster civic conciousness.
Define a degressive tax.
Classify the following type of tax into direct and indirect taxes:
Entertainment 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:
House tax
Which one is better progressive or regressive taxation and why?
Draw a neat labelled diagram for progressive taxation.
Explain clearly tour ways by which the state can promote economic growth and development.
State the four merits of a direct tax.
