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Question
Fill in the blank with appropriate alternatives given below
Investment made by the government is __________ investment.
Options
induced
autonomous
gross
unplanned
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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