India's Economic Growth Advice
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India's Economic Growth Advice

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Questions and Answers

According to Chief Economic Advisor Nageswaran, what is the advised focus for India as a developing country?

  • To prioritize poverty alleviation through higher economic growth
  • To grow the size of the economic pie rapidly (correct)
  • To reduce inflation and revive consumer demand across categories
  • To address income and wealth inequalities before focusing on economic growth

    • What did the chief executives of leading companies expect to happen in the December quarter, as per the article?

  • Sales of mass-segment products to recover
  • Demand to recover in the December quarter (correct)
  • Further reduction in inflation to help revive consumer demand
  • Slowdown in consumption to come to a halt

    • In the context of economic growth, what did Nageswaran suggest as a reasonable policy goal for India?

  • Addressing income or wealth inequalities first
  • Reducing inflation to revive consumer demand
  • Focusing on growing the size of the economic pie rapidly (correct)
  • Prioritizing poverty alleviation through higher economic growth

    • What did Nageswaran advocate as a priority for poverty alleviation, based on the text?

    <p>Higher economic growth</p> Signup and view all the answers

    What are the chief executives of leading companies expecting to help revive consumer demand across categories?

    <p>All of the above</p> Signup and view all the answers

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