Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy on the Eve of Independence

Question:

Identify the objective achieved by imposing heavy taxes on production units engaged in producing harmful product like liquor, cigrattes etc.

Options:

Redistribution of income and wealth

Economic Stability

Reallocation of Resources

Management of Public Enterprises

Correct Answer:

Reallocation of Resources

Explanation:

The correct answer is Option (3) → Reallocation of Resources