Question
Which of the following correctly describes Demographic
Dividend? I- The demographic dividend is the economic growth potential that results from a shifting population age structure. II- It is best realised when we have high working age population. III- Working age population refers to 21-59.Solution
Explanation: The demographic dividend is the economic growth potential that results from a shifting population age structure with a substantial portion of the population in the working-age group of 15 to 64 years as opposed to the non-working-age population of 14 to 65 years.
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As per Ind AS 7, dividend received is shown under:
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