Based on Passage 5 above, the following assumptions have been made:
1. India's economy needs to be greatly integrated with global economy so as to create large number of jobs and to sustain its growth momentum.
2. Economic liberalization would cause large economic growth which would reduce poverty and create sufficient employment in the long run.

Which of the above assumptions is/are valid?

Question

Based on Passage 5 above, the following assumptions have been made:
1. India's economy needs to be greatly integrated with global economy so as to create large number of jobs and to sustain its growth momentum.
2. Economic liberalization would cause large economic growth which would reduce poverty and create sufficient employment in the long run.

Which of the above assumptions is/are valid?

Accepted Answer

The correct answer is (D) (d) Neither 1 nor 2. Explanation: The passage discusses the limitations and challenges of India's economic liberalization, including jobless growth, poverty, and inequality. It does not support the assumption that further integration with the global economy would necessarily create jobs and sustain growth, nor does it guarantee that economic liberalization would automatically lead to poverty reduction and employment generation.

Which of the above assumptions is/are valid?

हिंदी में प्रश्न एवं आदर्श उत्तर