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Question
State any two expectations of the Government from a business concern.
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Solution
The expectations of the Government from a business concern are:
- To follow the laws and regulations of the country.
- To pay all taxes honestly, regularly and in time.
- To avoid corrupting public servants.
- To make proper use of scarce resources of the nation.
- To assist in solving national problems like poverty, unemployment, unbalanced regional growth, etc.
- To avoid monopoly and concentration of economic power.
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