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Actions of Early Nationalists

Which of the ...

Question

Which of the following was provided by the state to encourage certain industries to bring about social justice?

A

Tax

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B

Regulated laws

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C

Restriction

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D

Subsidies

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Solution

The correct option is D
Subsidies

State provides various inputs at subsidised prices to encourage those industries which it wants to participate in bringing about social justice. A subsidy means cash grants by the government to the producers of certain commodities to enable the producers to sell them at a price lower than the market price.

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Q. Which of the following was established to promote small-scale industries by providing subsidies and technical assistance for new firms in the small-scale sector?

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2 only
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Both 1 and 2
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