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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
______ is an example of commercial revenues.
Instrument of monetary policy is:
The state can promote economic development by ______.
Wealth tax is an example of:
Read the following statements carefully and choose the correct alternative:
Assertion (A): Income tax is a direct tax.
Reason (R): GST is an indirect tax.
Briefly explain why direct taxes foster civic consciousness among people.
What is meant by regressive taxation?
How does the state fulfil the following socio-economic objective?
Environmental protection.
State two differences between income tax and commodity tax.
State the four merits of a direct tax.
