Question
According to a report by McKinsey & Company, by what
year is India expected to transition into an "aged" economy, similar to developed nations?Solution
The report by McKinsey & Company projects that India will transition into an "aged" economy, often referred to as a silver economy, by the 2050s. This transition marks a significant demographic shift where the proportion of the elderly population increases relative to the working-age population, mirroring trends seen in developed nations. This shift is anticipated due to the declining growth in the working-age population, rising dependency ratios, and increasing fiscal pressures, which are typical characteristics of an aging economy.
Which article of the Indian Constitution gives the right to every citizen to seek constitutional remedy from the Supreme Court when they have been depri...
Which Constitutional Amendment Act revised Article 312 (1) of the Indian Constitution to empower Parliament to create All-India Services?
Which of the following Articles of the Indian Constitution are related to citizenship?
According to Article 243G of the Indian Constitution, which entity is mandated to plan for economic development and social justice?
Which article of the Indian Constitution deals with "Votes on account, votes of credit, and exceptional grants"?
How many official languages are recognized by the Indian Constitution?
Under which article of the Indian Constitution is the Consolidated Fund of India created?
How many years must a person of Indian origin reside in India to become a citizen under the Citizenship Act, 1955?
Who was the first woman President of India?
The first five-year plan in India was launched in which year?
