A.Under the present circumstances, India should completely avoid all trade liberalisation policies and all subsidies.
B.Due to its peculiar socio-economic situation, India is not yet ready for trade liberalisation process.
C.There is no solution in sight for the problems of continuing poverty and inflation in India in the near future.
D.Economic reforms can often create a high inflation economyCorrect
Explanation & Solution
Correct Option: (D) Economic reforms can often create a high inflation economy
The passage discusses the challenges of high inflation in India and how it is linked to economic reforms such as trade liberalization and reduction of subsidies. This implies that economic reforms can often lead to high inflation, as they can increase vulnerability to international price changes and reduce subsidies on essential commodities.
हिंदी में प्रश्न एवं आदर्श उत्तर
What is the most logical, rational and crucial message that is implied in the above passage?
A.Under the present circumstances, India should completely avoid all trade liberalisation policies and all subsidies.
B.Due to its peculiar socio-economic situation, India is not yet ready for trade liberalisation process.
C.There is no solution in sight for the problems of continuing poverty and inflation in India in the near future.
D.Economic reforms can often create a high inflation economyसही
सही उत्तर: (D) Economic reforms can often create a high inflation economy
The passage discusses the challenges of high inflation in India and how it is linked to economic reforms such as trade liberalization and reduction of subsidies. This implies that economic reforms can often lead to high inflation, as they can increase vulnerability to international price changes and reduce subsidies on essential commodities.