Question
Consider the following statements about economic growth
and development: 1. Economic growth refers to a quantitative increase in a country’s output. 2. Economic development includes qualitative improvements in living standards. 3. Economic growth always leads to economic development. Which of the above statements are correct?Solution
Economic growth is a quantitative increase in GDP (statement 1). Development focuses on improved living standards and social indicators (statement 2). Growth does not always lead to development (statement 3 is incorrect).
Who was sworn in as Nepal’s first woman Prime Minister?
India has recently achieved an “outstanding outcome” in the 2023-24 Mutual Evaluation Report by the Financial Action Task Force (FATF). According to...
India extended what amount of credits to Maldives to overcome the financial crisis?
Consider the following Statements:
1. USA drug regulator recently approved the world's first gene therapy treatment for sickle cell disease and...
India's position as the third largest producer of solar power was primarily aided by a decrease in power demand in which country?
Consider the following statements about Mission Karmayogi:Â
1.     Recently, on the occasion of Constitution Day the PM Modi launched the ...
________ collaborated with Global Trade Plaza to simplify cross-border payments for Indian exporters & aims to facilitate international trade promotion ...
According to a report by the government think tank NITI Aayog and the Institute for Competitiveness, ________ has among of the lowest R&D expenditur...
What is the primary source of methane emissions, which contributed to its record growth in 2023?
V.O. Chidambaranar Port Authority initiated an advanced anti-drone security system with what effective operational range?
Relevant for Exams:
