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प्रश्न
The state can promote economic development by ______.
पर्याय
Establishing basic heavy capital goods industries
Establishing socialistic pattern of society
Creating infrastructural facilities
All of the above
उत्तर
All of the above
Explanation:
The state can promote economic development through these measures:
- By setting up industries that produce essential capital goods, the state can lay the foundation for industrialization and economic growth.
- Infrastructure development, such as building roads, ports, power plants, and communication networks, is crucial for facilitating economic activities and attracting investments.
- By promoting social equity and welfare through policies that reduce income inequality and ensure fair distribution of resources, the state can create a stable and conducive environment for economic development.
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संबंधित प्रश्न
______ are those taxes which are paid by the same person on whom they have been imposed.
Under ______ the rate of tax increases with rise in tax payer's income.
Fiscal policy means public expenditure and tax policy of the government.
Instruments of fiscal policy is:
Match the following and select the correct option:
Column A | Column B | ||
(i) | Taxes imposed on income and wealth | A. | Regressive |
(ii) | Taxes imposed on goods and services | B. | Progressive |
(iii) | A tax system where the rate of tax decreases with increase income | C. | Direct taxes |
(iv) | A tax system where the rate of tax increases as income increase | D. | Indirect taxes |
Monetary policy means regulation of money supply by the monetary authority.
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
Differentiate between progressive and regressive taxes giving an example for each.