Multiple choice

Many times we read in financial newspapers/magazines that Govt. is making special efforts to bring stability in Indian economy. By this what goals is Govt. of India trying to achieve?

  1. Avoiding undesirable fluctuations in prices of the essential commodities.
  2. To ensure a sustainable rapid rate of growth.
  3. To ensure that people should have a gainful employment.

  1. Only 1

  2. Only 2

  3. Only 3

  4. All 1, 2 and 3

  5. None of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Economic stability in India aims for price stability (avoiding inflation in essentials - Statement 1), sustainable growth (Statement 2), and employment generation (Statement 3). These three pillars form the core of macroeconomic stability efforts - controlling inflation while maintaining growth and creating jobs.

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