India is world’s third largest domestic aviation market. The government plans to make India a hub for financing aircraft purchases and leasing of planes. In order to promote this, the government has announced tax incentives, like tax deductions, for companies setting up business in IFSC for fifteen years. Identify the type of plan being described in the above lines.
Programme
Incorrect AnswerExplanation:
- Option 1: Method
- A method is a way of doing something, usually using a systematic procedure or technique.
- It is more about the "how" rather than the overall goal.
- Option 2: Strategy
- A strategy is a plan of action designed to achieve a long-term or overall aim.
- It often involves making major decisions to allocate resources towards a vision or goal.
- Option 3: Programme
- A programme involves a set of coordinated activities or projects carried out to achieve a particular purpose.
- It generally has multiple components and requires organization and management.
- Option 4: Rule
- A rule is a specific regulation or principle governing conduct within a particular activity or sphere.
- It is usually more about compliance and adherence rather than achieving broad, strategic goals.
Correct Answer: ?? Option 2: Strategy
The government’s plan involves long-term decisions and actions to promote India as a hub, which aligns with the concept of strategy.
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By: santosh