SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of these are Structural reforms?
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Short term measures
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Improve the demand side of the economy
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Remove growth bottle necks
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Improving subsidy side of the economy
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Explanation:
Detailed explanation-1: -Structural change is often sparked by technological innovation, new economic developments, global shifts in the pools of capital and labor, changes in resource availability, changes in supply and demand of resources, and changes in the political landscape.
Detailed explanation-2: -He also mentioned reforms such as privatisation, digitization of the economy, particularly the financial sector, decriminalisation of laws, simplification of compliances to enable ease of doing business.
There is 1 question to complete.