Discussion :: Indian Economy
- Subsidies mean
A.
payment by government for purchase of goods and services |
B.
payment made by business enterprises to factors of production |
C.
payment made by companies to shareholders |
D.
payment made by the government to business enterprises, without buying any goods and services |
Answer : Option D
Explanation :
Subsidies mean a sum of money granted by the state or a public body to help an industry or business keep the price of a commodity or service low.
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