Detailed explanation will be added soon. In the meantime, you can practice more questions from UPSC CSE 2013 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.
As per the economic scholars, __________ was excluded from the definition of factor of production.
Theil Index, Gini Index and Palma ratio measures
Explain how the Fiscal Health Index (FHI) can be used as a tool for assessing the fiscal performance of states in India. In what way woul...
In what way(s) does the Vizhinjam International Seaport represent a structural shift in India's maritime trade and logistics policy?1. By...
Among several factors for India’s potential growth, the savings rate is the most effective one. Do you agree? What are the other factors ...