Question
Assertion (A): Demonetization in 2016 significantly
increased India’s GDP growth rate. Reason (R): Demonetization led to the formalization of the economy and improved tax compliance.Solution
Demonetization caused a temporary decline in GDP growth due to cash shortages, but it did promote formalization and better tax compliance. Hence, the assertion is false, but the reason is true.
Fill in the blanks with appropriate words/phrases from the options.
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Choose the correct words to fill in the blanks.
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(i) treatment...
In the following questions, a sentence is given with two blanks. Identify the correct pair of words that fit in the sentence to make it grammatically a...
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