Multiple Choice Questions on An amount given by a government agency or even private body to encourage a particular economic activ........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

An amount given by a government agency or even private body to encourage a particular economic activ...........

Economic Affairs Public Finance and Debt Management
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    An amount given by a government agency or even private body to encourage a particular economic activity is a

    grant

    Correct Answer

    loan

    Incorrect Answer

    subsidy

    Incorrect Answer

    mutual fund

    Incorrect Answer
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    Explanation:

    1st option is correct.
    An amount given by a government agency or even private body to encourage a particular economic activity is a grant.

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