Detailed explanation will be added soon. In the meantime, you can practice more questions from UPSC CSE 2017 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.
In 2016, Government of India announced a demonetisation of high denomination notes. What was the previous year of demonetisation?
Consider the following statements regarding Sovereign Bonds:1. A sovereign bond is a specific debt instrument issued by the government in...
The Public Financial Management System (PFMS) Was earlier known as
Which of the following statements about Rare Earth Elements (REEs) and Critical Minerals is/are correct?1. Modern technological innovatio...
The Sample Registration System of India provides data on