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Subsidies mean

payment by government for purchase of goods and services
payment made by business enterprises to factors of production
payment made by companies to shareholders
payment made by the government to business enterprises, without buying any goods and services
Additional Questions

National expenditure includes

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Which of the following is not an undertaking under the administrative control of Ministry of Railways?

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In India, which one among the following formulates the fiscal policy?

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The budget deficit means

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In utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?

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