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.
Among the given methods, which approach is used to measure national income by summing up the flow of factor incomes received by labor, ca...
In October 2021, Government of India signed a share purchase agreement with Tata Sons for sale of which of the following airlines for Rs ...
How globalization has led to the reduction of employment in the formal sector of the Indian economy? Is increased informalization detrime...
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.
According to the Public Affairs Index 2018 which state stands first in best-governance in India?