Detailed explanation will be added soon. In the meantime, you can practice more questions from UPSC CSE 2022 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.
The public expenditure management is a challenge to the Government of India in the context of budget-making during the post-liberalizatio...
The currency of which one of the following countries is NOT called a rupee?
Consider the following statements:1. India is a member of the International Grains Council.
2. A country needs to be a member of the Inte...
The nature of economic growth in India is described as jobless growth. Do you agree with this view? Give arguments in favour of your answer.
As per the economic scholars, __________ was excluded from the definition of factor of production.