According to the Economic Survey 2015-16, there are certain constraints which make India’s growth prospects full of challenges. Which of the following are those constraints?
- Increased correlation between India’s growth and world’s growth
2. The “Twin Balance Sheet Problem” that India is facing
3.The turmoil in the global financial markets
4.Stalling of the GST Bill in the Parliament
5.Monetary tightening by the RBI
- 1,3,4 and 5 only
- 2,3 and 5 only
- 1,3 and 4 only
- 1,2 and 3 only
The correct answer for yesterday’s question is 3 i.e. lack of 2 and 3
JAM refers to Jan Dhan, Aadhaar and Mobile. There are three ingredients that help policymakers to decide where next to spread JAM. They are: The first-mile is identification of beneficiaries. The middle-mile is transfer of money to beneficiaries. The last-mile is beneficiaries must be able to access their money from banking channel. Failures in middle and last-miles lead to exclusion errors i.e. genuine beneficiaries being unable to avail benefits.