Question

Scheme of Subsidies for setting up industries in backward regions leads to __________________.

• A. Balanced Regional Development
• B. Socially-Beneficial Capital Formation
• C. Both (a) and (b)
• D. Neither (a) nor (b)

Answer 1

The correct option is C Both (a) and (b)

Scheme of Subsidies for setting up industries in backward regions leads to -a) Balanced Regional Development

b) Socially-Beneficial Capital Formation

Subsidies will help to uplift the standard of living of the people living in backward regions which will generate greater per capita income,, which in turn will promote economic development.