Detailed explanation will be added soon. In the meantime, you can practice more questions from UPSC CSE 2018 Mains or browse the complete PYQ collection.
Answer verified by Quintessence Classes faculty — Karan Nagar, Srinagar.
More Economy questions
From across UPSC, JKPSC, and JKSSB papers — same subject, different years.
Which one of the following statements about Unified Payments Interface (UPI) and Central Bank Digital Currency (Digital Rupee) is not cor...
Consider the following statements regarding India's demographic trends: I. Demographic dividend refers to the economic growth potential a...
While we found India’s demographic dividend, we ignore the dropping rates of employability. What are we missing while doing so? Where wil...
What are the causes of persistent high food inflation in India? Comment on the effectiveness of the monetary policy of the RBI to control...
With regard to the HRIDAY scheme, consider the following statements:1. It is a health scheme aimed at taking special care of heart patien...