45. he granting of cash subsidy on the capital investment is called
A. Concessional finance.
B. Quantum of Subsidy.
C. Interest Subsidy
D. Central Investment Subsidy.
ANSWER: D
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Answer:
The answer is a option B
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He granting of cash subsidy on the capital investment is called D. Central Investment Subsidy.
Explanation:
- Subsidies is a monetary value given by the government to private or economic sections for specific projects and products to make them affordable.
- In India, a subsidy amount for common people depends upon their family income. For example, crores of people receive LPG cylinders & kerosene on a subsidized cost in India.
- Higher studies, medical treatment, and senior citizen schemes are provided subsidy in India.
- For industries, the governments offer subsidy in electricity bills and some taxes to reduce their burden to some extent.
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