Answer-A transfer payment is a payment that is __:

Transfer Payment is the payment exchanged for return of no goods or services. It generally describes the welfare expenditure of the government such as subsidies, pensions, grants etc.

Question

A transfer payment is a payment that is __:

A made by the government to its current workers

B made to people who are needy

C For in-kind services provided to the government

D For which no services or goods are rendered

E All of the above

Practice Next

More Beepedia Questions

Consider the following statement: I. Government will launch a new sub-scheme of PM Matsya Sampada Yojana with targeted investm...
Which country's merchandise exports saw a fall of 4.83%, touching a 25-month low in November 2024?
The National Institute of Urban Affairs (NIUA) celebrated its golden jubilee in June 2026 under which theme?
What is the total investment planned for the two commercial shipyards in Tamil Nadu?
What was India’s GDP growth rate during the April–June quarter (Q1) of FY26?
Which state topped the 2024 Panchayat Devolution Index?
What was the rate of manufacturing sector growth in Q2 FY2025–26 as reported by NSO?
What is the minimum contribution required from industry partners in the critical minerals research project cost?
Who became the second Indian woman to win a gold medal at the World Military Championships?
According to the IMF's April Outlook, what is India's projected nominal GDP in 2025?

Relevant for Exams:

Hey! Ask a query

A transfer payment is a payment that is __:

Detailed Solution

More Beepedia Questions

Relevant for Exams:

Hey! Ask a query

Please Register/Login