RTUEE / EC / EEEYr 2024 · Sem 32024

Q2General Studies

Question

10 marks

[CO2] Explain the role of the state in development.

Answer

The state plays a central role in development by providing public goods, regulating markets, redistributing income, building infrastructure, and protecting citizens' rights and welfare.

  • Welfare state functions: Social security, pensions, health insurance
  • Developmental state functions: Promoting strategic industries, export promotion
  • Environmental regulation: Sustainable development, pollution control
  • International relations: Trade treaties, diplomatic support for exports
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