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Questions and Answers
According to Chief Economic Advisor Nageswaran, what is the advised focus for India as a developing country?
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?
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?
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?
What did Nageswaran advocate as a priority for poverty alleviation, based on the text?
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What are the chief executives of leading companies expecting to help revive consumer demand across categories?
What are the chief executives of leading companies expecting to help revive consumer demand across categories?
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