Investment undertaken by ________________ is known as public investment.

firms

No worries! We‘ve got your back. Try BYJU‘S free classes today!

the government

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

people

No worries! We‘ve got your back. Try BYJU‘S free classes today!

market

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is D the government
Public investment refers to the allocation of the proportion of national income by the government in government organisations and projects in order to provide basic facilities to the citizens of the economy.

Suggest Corrections

Similar questions

A prospectus is issued by

(a) A private company

(b) A public company seeking investment from public.

(d) A public company

Comment on the following statements as true or false, with a reason.

(i) Construction of school-building is a revenue expenditure of the government.

(ii) Gift tax is a capital receipt.

(iii) Dividends on investment made by government is a revenue receipt.

Join BYJU'S Learning Program