Consider the following statements with reference to the on going investment and savings slowdown in ...........

Economic Affairs Public Finance and Debt Management

Consider the following statements with reference to the on-going investment and savings slowdown in India:

1.India is experiencing the second biggest slowdown in both the investment and savings after the 1991 balance of payment crisis.

2.India's demonetization had a big positive impact on this declining trend of savings in India.

Which of the statements given above is/are correct?

1 only

2 only

Both 1 and 2

Neither 1 nor 2

छोटे Courses बड़े Results

Master Public Finance and Debt Management

Prepare through Micro-courses

Try Now

Explanation:

2 only

Statement 2 is correct. Demonetization in India have a big positive impact on the declining trend of savings. Statement 1 is incorrect, as India is not experiencing the second biggest slowdown in both investment and savings after the 1991 balance of payment crisis.

Report error

Submit Error