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Passage 11: The Role of Government in Economic Development

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Governments play a vital role in economic development by creating policies that promote growth and stability. They are responsible for regulating industries, providing public services, and investing in infrastructure. Effective government policies can foster a favorable business environment, attract investment, and enhance the quality of life for citizens. However, challenges such as corruption and inefficiency can hinder economic progress.

MCQs:

1.What role do governments play in economic development?

  • a) They hinder economic growth
  • b) They create policies that promote growth and stability
  • c) They reduce public services
  • d) They focus only on international relations

Answer: b) They create policies that promote growth and stability
Explanation: Governments create policies to promote economic growth and stability.

2. Which of the following is NOT a responsibility of governments in economic development?

  • a) Regulating industries
  • b) Providing public services
  • c) Investing in infrastructure
  • d) Ignoring business environment

Answer: d) Ignoring business environment
Explanation: Governments are involved in creating a favorable business environment, not ignoring it.

3. What can effective government policies foster?

  • a) Economic instability
  • b) A favorable business environment
  • c) Decreased quality of life
  • d) Increased corruption

Answer: b) A favorable business environment
Explanation: Effective policies can foster a favorable business environment.

4. What is a challenge that can hinder economic progress?

  • a) Efficient public services
  • b) Effective infrastructure investment
  • c) Corruption and inefficiency
  • d) Favorable business environment

Answer: c) Corruption and inefficiency
Explanation: Corruption and inefficiency are challenges that can hinder economic progress.

5. How can governments enhance the quality of life for citizens?

  • a) By ignoring public services
  • b) By reducing infrastructure investment
  • c) By investing in infrastructure and providing public services
  • d) By focusing solely on international relations

Answer: c) By investing in infrastructure and providing public services
Explanation: Investing in infrastructure and providing public services enhance the quality of life.

Reading comprehension

Synonyms for ADRE

Antonyms for ADRE

Important Topics:

  1. Assam Gk: (Assam History, Geography, Political, Economic, Education, National Park and Sanctuaries, River, Sport, etc...)
  2. Indian History GK
  3. English GK

Quiz:

  1. Test Your Knowledge

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Assam Gk|| Assam Education Gk Assam History MCQ in Assamese
Assam Gk|| Assam Education Gk Assam History MCQ in Assamese