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Question
What Are ‘subsidies’?
What Are ‘subsidies’?
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Solution
Subsidies are a type of benefit that is offered by the government to the people, it results in reduction in the value of the subsidised product. It can be offered to individuals or public and private institutions.
Stay connected with BYJU’S for more such questions and answers on various commerce topics.
Subsidies are a type of benefit that is offered by the government to the people, it results in reduction in the value of the subsidised product. It can be offered to individuals or public and private institutions.
Stay connected with BYJU’S for more such questions and answers on various commerce topics.
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