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Basic of Economics

Government granted monetary assistance to a person or a group in support of an enterprise regarded as being in public interest. This is called subsidy. Point out the statement which is also a subsidy ?

Basic of Economics, Economics Mcqs /
Government granted monetary assistance to a person or a group in support of an enterprise regarded as being in public interest. This is called subsidy. Point out the statement which is also a subsidy ?

A. Financial assistance given by one person or government to another
B. Financial assistance given to poor people
C. Financial assistance given to aged people
D. Financial assistance given to small companies

Government granted monetary assistance to a person or a group in support of an enterprise regarded as being in public interest. This is called subsidy. Point out the statement which is also a subsidy ? Read More »

Basic of Economics, Economics Mcqs

What is called the advocacy of protecting domestic producers by impeding or limiting the importation of foreign goods and services ?

Basic of Economics, Economics Mcqs /
What is called the advocacy of protecting domestic producers by impeding or limiting the importation of foreign goods and services ?

A. Domestication
B. Protectionism
C. Localization
D. National interest

What is called the advocacy of protecting domestic producers by impeding or limiting the importation of foreign goods and services ? Read More »

Basic of Economics, Economics Mcqs