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प्रश्न
Explain the state's role in achieving the objective of social justice in less developed countries.
उत्तर
Role of state towards achieving the objective of social justice in less Developed countries.
- Reduction in Inequalities of Income: In less developed countries there exists vast inequalities in the distribution of income which are socially undesirable. The government can reduce these inequalities in the following ways:
- Through the policy of progressive taxation.
- Through the policy of transfer payments in favour of the poor.
- By providing subsidised food and other essential items to the poor.
- Welfare state: The government can also undertake the responsibility of the welfare state. Under the policy of welfare state, the government protects the individuals against various contingencies so as to guarantee people a minimum standard of living.
- Public Expenditure Policy: Under its expenditure policy, the government can incur expenditure to benefit the poor. Welfare measures like free education and medical facilities, social security schemes and provision of subsidised goods of common consumption like food can help the poor persons and thereby reduce income inequalities.
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संबंधित प्रश्न
Fiscal policy means public expenditure and tax policy of the government.
The major objective of monetary policy is ______.
Match the following:
Column I | Column II | ||
A. | Direct tax | (i) | Tax rate increases with tax base |
B. | Indirect tax | (ii) | Tax rate remains constant |
C. | Proportional tax | (iii) | Imposed on goods and services |
D. | Progressive tax | (iv) | Impact and incidence lie on the same person |
Differentiate between direct and indirect taxes.
An indirect tax is not always equitable. Give two reasons to support your answer.
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
Give two reasons why the government imposes tax?
Which one is better progressive or regressive taxation and why?
Explain briefly two merits of indirect tax.