A
A penalty levied on delayed tax payments by commercial enterprises.
B
A financial subsidy provided by the government to reduce the interest burden on loans taken by targeted beneficiaries.
C
The maximum interest rate charged by commercial banks on vehicle loans.
D
A tax rebate given on the purchase of hybrid vehicles.
Correct answer: (b) A financial subsidy provided by the government to reduce the interest burden on loans taken by targeted beneficiaries.
Explanation
Option B is correct as interest subvention is defined as a financial subsidy provided by the government to reduce the interest burden on loans taken by targeted beneficiaries. Options A, C, and D describe entirely different financial concepts.
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