ECONOMICS (CBSE/UGC NET)

ECONOMICS

MARKET FAILURES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Once the government has funded the armed forces nobody within its territory can be prevented from benefiting from the protection provided. What quality of the armed forces (as a service) is this a result of?
A
excludability
B
non-excludability
C
rivalry
D
non-rivalry
Explanation: 

Detailed explanation-1: -Violence became the way of life in north-eastern States of India. State administration became incapable to maintain its internal disturbance. Armed Forces (Assam and Manipur) Special Powers Ordinance was promulgated by the President on 22nd May of 1958.

Detailed explanation-2: -They use weapons and technology to help defeat the enemy. During peacetime, soldiers are alert to any danger or threat to their country. In addition to training for combat, each branch of the armed forces offers training for hundreds of different job opportunities.

Detailed explanation-3: -About the Ministry The Government of India is responsible for ensuring the defence of India and every part thereof. The Supreme Command of the Armed Forces vests in the President. The responsibility for national defence rests with the Cabinet.

Detailed explanation-4: -The Indian armed force are split into different groups based on their region of operation. The Indian Army is divided administratively into seven tactical commands, each under the control of different Lieutenant Generals. The Indian Air Force is divided into five operational and two functional commands.

There is 1 question to complete.