Detailed explanation will be added soon. In the meantime, you can practice more questions from UPSC CSE 2025 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.
What is the meaning of the term ‘tax expenditure’? Taking the housing sector as an example, discuss how it influences the budgetary polic...
Which among the following statements are correct regarding share market operations?1. Bear is a person who speculates share prices to fal...
Consider the following statements:Assertion (A): Additional Tier-1 (AT1) bonds are used by banks to augment their core equity base and th...
Which of the following are the interventions under the ‘Rashtriya Kishor Swasthya Karyakram’ (RKSK) in India?i. Weekly Iron Folic Acid Su...
Consider the following Committees:i. Balwant Rai Mehta Committee
ii. Ashok Mehta Committee
iii. L. M. Singhvi Committee
iv. Mannmohan Com...