For low-income countries, which of the following is not a basic infrastructure service?
Telecommunication
Basic infrastructure refers to the fundamental physical and organizational structures and facilities (e.g., buildings, roads, power supplies) needed for the operation of a society or enterprise. In low-income countries, the focus of basic infrastructure is often on services that are essential for immediate human needs, economic activity, and poverty reduction.
Let's consider each option provided in the context of basic infrastructure for low-income countries:
Comparing these options, while all are important for development, telecommunication is often the one that is considered slightly less "basic" or less critical for the immediate, fundamental needs of the poorest populations compared to reliable water for agriculture, physical connectivity, and basic energy access.
Based on the typical priorities and definitions of basic infrastructure in low-income countries focusing on immediate human needs and foundational economic activity, telecommunication services are often considered less basic than irrigation, transport, and power infrastructure.
| Infrastructure Type | Importance in Low-Income Countries | Considered Basic? |
|---|---|---|
| Irrigation | Crucial for agriculture, food security, rural livelihoods. | Yes, fundamental. |
| Transport | Essential for connectivity, markets, services, trade. | Yes, foundational. |
| Power | Necessary for industry, services, homes, quality of life. | Yes, crucial. |
| Telecommunication | Important for communication, information, business. | Often considered less basic than the others in initial stages. |
Investing in infrastructure is a key component of economic development in low-income countries. Different types of infrastructure have different impacts:
While telecommunication is part of hard infrastructure, its 'basic' status can be debated depending on the specific context and stage of a country's development compared to needs like access to clean water, reliable food sources, or fundamental connectivity.
Arrange the sequence of events relating to the formulation of Goods and Services Tax in the correct sequence.
Arrange the following events in a sequence of their occurrence:
(A) Parliament passes Mahatma Gandhi National Rural Employment Guarantee Act
(B) Demonetization
(C) Jan-Dhan Yojana
(D) Introduction of Goods and Services Tax
Determine Fiscal deficit from following:
Revenue Receipts = ₹20 Crores
Revenue Expenditure = ₹30 Crores
Capital Expenditure = ₹40 Crores
Borrowings = ₹15 Crores
Match List-I with List-II.
| List-I (Earning) | List-II (Factor Income / Transfer Income) |
|---|---|
| A. Salaries of Government staff | I. Profit |
| B. Dividend | II. Mixed Income |
| C. Self-employed person | III. Compensation of Employees |
| D. Gifts | IV. Transfer Income |
Choose the correct answer from the options given below:
A tax that acts as an automatic stabilizer - a shock absorber, because it makes disposable income spending less prone to fluctuation in GDP. That tax is: