Role of Government in Economic Development
Economics ⇒ Government and the Economy
Role of Government in Economic Development starts at 9 and continues till grade 12.
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Define economic development and explain how it differs from economic growth.
Describe one way in which the government can promote sustainable development.
Describe the importance of government intervention in the provision of healthcare services in India.
Describe the role of government in promoting small-scale industries in India.
Describe two ways in which the government can encourage foreign investment in India.
Discuss the impact of government investment in infrastructure on economic development.
Discuss the role of government in reducing regional disparities in India.
The government of India launches a scheme to provide free midday meals in schools. What type of government intervention is this? (1) Public good provision, (2) Social welfare scheme, (3) Price control, (4) Monetary policy
The government of India launches a scheme to provide free midday meals in schools. What type of government intervention is this? (1) Public good provision, (2) Social welfare scheme, (3) Price control, (4) Monetary policy
Which of the following is a direct tax collected by the government? (1) Goods and Services Tax (GST), (2) Income Tax, (3) Customs Duty, (4) Excise Duty
Which of the following is a government initiative to promote financial inclusion in India? (1) Pradhan Mantri Jan Dhan Yojana, (2) Swachh Bharat Abhiyan, (3) Make in India, (4) Digital India
Which of the following is a reason for government ownership of certain industries? (1) To maximize profits, (2) To ensure social welfare, (3) To avoid competition, (4) To reduce employment
Fill in the blank: The _______ is responsible for formulating and implementing monetary policy in India.
Fill in the blank: The _______ sector in India is primarily responsible for providing basic health and education services.
Fill in the blank: The government agency responsible for planning and promoting economic development in India before 2015 was the _______.
Fill in the blank: The government collects _______ to finance public expenditure.
State whether the following statement is True or False: The government can use price controls to make essential goods affordable to the poor.
State whether the following statement is True or False: The government can use public distribution systems (PDS) to ensure food security.
State whether the following statement is True or False: The government has no role in the regulation of monopolies.
State whether the following statement is True or False: The government is responsible for maintaining law and order to ensure a stable environment for economic activities.
