Asked in PPSC, FPSC and other one-paper exams (compiled from unofficial resources).
Political Science, Law, Economics & Current AffairsEconomics & Trade Terms
What is a subsidy?
- A.A tax imposed on imported goods
- B.A benefit given to individuals or businesses by the governmentCorrect answer
- C.A loan provided by the central bank to commercial banks
- D.A penalty charged for late payment of taxes
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Practice these MCQs in the appQuick fact: A subsidy is a benefit given to individuals or businesses by the government, typically to promote economic and social policy objectives.