CA Foundation · Business Economics · Indian Economy
Which of the following is the best example of 'social infrastructure' as distinct from 'economic infrastructure'?
Hospitals and schools are social infrastructure because they develop human capital and well-being. Power lines, expressways, ports and telecom networks are economic infrastructure, which directly supports production, trade and distribution of goods and services.
- AHospitals and schoolsCorrect
- BPower transmission lines
- CExpressways and ports
- DTelecommunication networks
Explanation
Social infrastructure builds human capital and welfare, such as education and health facilities. Power, roads, ports and telecom are economic infrastructure that support production and distribution directly, so they are wrong here.
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