Detailed explanation will be added soon. In the meantime, you can practice more questions from UPSC CSE 2016 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 1991, as a step of economic reform to help resolve the balance of payments crisis, what treatment was given to the value of the Indian...
Why is Public Private Partnership (PPP) required in Infrastructural projects? Examine the role of PPP model in the redevelopment of Railw...
Which among the following statements are correct regarding share market operations?1. Bear is a person who speculates share prices to fal...
Classifications under social accounting include:
Which among the given techniques (analytical tool) is used to craft fiscal policy?