Question

Q3. Which of the following not the reason of government failure? ?
पुढीलपैकी कोणते सरकारच्या अपयशाचे कारण नाही?
A. Lack of incentives / ACHIEHT HTT
B. Poor information / कमकुवत माहिती
C. Moral hazard / नैतिक धोका
D. Full knowledge of market / बाजाराचे पूर्ण ज्ञान​

Answer 1

Answer:

Q3rd:Government failure, in the context of public economics, is an economic inefficiency caused by a government intervention, if the inefficiency would not exist in a true free market.[1] It can be viewed in contrast to a market failure, which is an economic inefficiency that results from the free market itself, and can potentially be corrected through government regulation. The idea of government failure is associated with the policy argument that, even if particular markets may not meet the standard conditions of perfect competition required to ensure social optimality, government intervention may make matters worse rather than better.