Choose the correctly matched pair from the following Column A nbs...........

Choose the correctly matched pair from the following

Column A Column B

A. Subsidy 1. Economic benefit granted by government to domestic producers

B. Economic planning 2. Reducing dependence on imports

C. Modernization 3. Optimum utilisation and coordination of limited resources

D. Self reliance 4. Adoption of new technology

A-1

A-2

A-3

A-4

- A. Subsidy - 1. Economic benefit granted by government to domestic producers

- A subsidy indeed refers to financial support given by the government to help domestic producers lower their costs.

- This is the correct match.

- B. Economic planning - 2. Reducing dependence on imports

- Economic planning involves the strategic allocation and utilization of resources, not necessarily focusing on import dependence.

- C. Modernization - 3. Optimum utilisation and coordination of limited resources

- Modernization typically involves the adoption of new technologies rather than resource allocation.

- D. Self reliance - 4. Adoption of new technology

- Self-reliance aims at reducing dependence on external factors, not merely adopting technology.

Submit Error