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This question belongs to General Knowledge Indian Economy

Indian Economy

?

Subsidies mean

A) payment by government for purchase of goods and services B) payment made by business enterprises to factors of production C) payment made by companies to shareholders D) payment made by the government to business enterprises, without buying any goods and services

Answer & Solution

Correct Answer: Option D

Subsidies mean a sum of money granted by the state or a public body to help an industry or business keep the price of a commodity or service low.

Question posted by Examveda

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Free Fire 4 years ago

Subsidy is:
A. Concession
B. Discount
C. Repayment
D. None of these

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