Advertisements
Advertisements
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?
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
Which of the following taxes generate civic consciousness among people?
Match the following:
| Column I | Column II | ||
| A. | Impact of tax | (i) | Price stability |
| B. | Incidence of tax | (ii) | Simple to calculate |
| C. | Objective of Monetary Policy | (iii) | Ultimate burden of tax |
| D. | Proportional tax | (iv) | Original imposition of tax |
Classify the following type of tax into direct and indirect taxes:
House tax
Classify the following type of tax into direct and indirect taxes:
Sales tax
Give an example of Indirect tax.
How does the state fulfil the following socio-economic objective?
Environmental protection.
Explain the term Impact of a tax.
Explain the term Incidence of a tax.
Define the following term:
Fiscal deficit
