Question
Economics Question on Goods and Services
Match LIST I with LIST IILIST I
| LIST II
---|---
A| Quotas | I| Monetary assistance given by government for production activities
B| Import substitution| II| Government protects domestic industries from foreign competition
C| Tariffs | III| Tax on imported goods
D| Subsidy | IV| Specify the quantity of goods which can be imported
Choose the Correct answer from the options given below
A
(A)-(IV), (B)-(II), (C)-(III), (D)-(I)
B
(A)-(I), (B)-(II), (C)-(IV), (D)-(III)
C
(A)-(IV), (B)-(III), (C)-(I), (D)-(ll)
D
(A)-(I), (B)-(II), (C)-(III), (D)-(IV)
Answer
(A)-(IV), (B)-(II), (C)-(III), (D)-(I)
Explanation
Solution
The correct option is (A) :(A)-(IV), (B)-(II), (C)-(III), (D)-(I)