Maharashtra State BoardHSC Commerce 12th Board Exam
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Fill in the Blank with Appropriate Alternatives Given Below Investment Made by the Government is __________ Investment. - Economics

MCQ

Fill in the blank with appropriate alternatives given below

Investment made by the government is __________ investment. 

Options

  • induced

  • autonomous

  • gross

  • unplanned 

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Solution

Investment made by the government is autonomous investment.

Explanation:
Autonomous investment is that investment which is independent of the profit motive i.e. which is made without an aim of earning some profit on that investment. Government investment on public welfare is an example of an autonomous investment. Governments investment in railways, electricity, construction of dams, roads etc for the welfare of the public rather than profit.

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APPEARS IN

Micheal Vaz Economics HSC 12th Standard Maharashtra State Board
Chapter 10 Determinants of Aggregates
Exercise | Q 1.5 | Page 93
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