Correct option is C
The Correct Answer is: (c) Resilience and stability despite challenges
Explanation:
When the Economic Survey 2024 describes the Indian economy as being on a 'strong wicket', it uses a cricketing metaphor to signify that the economy is resilient, stable, and well-positioned to grow,even amid global and domestic challenges. This implies robust macroeconomic fundamentals, improved fiscal health, moderate inflation, strong foreign exchange reserves, and healthy GDP growth projections.
When the Economic Survey 2024 describes the Indian economy as being on a 'strong wicket', it uses a cricketing metaphor to signify that the economy is resilient, stable, and well-positioned to grow,even amid global and domestic challenges. This implies robust macroeconomic fundamentals, improved fiscal health, moderate inflation, strong foreign exchange reserves, and healthy GDP growth projections.
Information Booster:
Economic Survey 2024 projected India’s GDP growth for FY 2024–25 at around 6.5%–7%.
Unemployment rate declined, and labour force participation increased during FY24.
Inflation has moderated and remained within the RBI’s target band throughout FY24.
- Structural reforms like PLI (Production Linked Incentive) schemes, digital public infrastructure, and Make in India were highlighted as economic enablers.
English
100 Questions
100 Marks
90 Mins
