CMAT Economic and Social Issues Questions

Given below are two statements: One is labelled as Assertion (A) and the other is labelled as Reason (R).

Assertion (A): As India moves progressively towards becoming a global knowledge economy, it must meet the rising aspirations of its youth. This can be partially achieved through a focus on the advancement of skills that are relevant to the emerging economic environment.

Reason (R): 62% of India's population is in the working age group (15-59 years), and more than 54% of the total population is below 25 years of age. Our country presently faces a dual challenge of paucity of a highly trained workforce as well as non-employability of the large workforce of the conventionally educated youth.

In light of the above statements, choose the correct answer from the options given below :

Which one of the following statements best describes the term Social Cost of Carbon?
It is a measure, in monetary value, of the

If another global financial crisis happens in the near future, which of the following actions/ policies are most likely to give some immunity to India?
(A) Not depending on short-term foreign borrowings.
(B) Opening up to more foreign banks.
(C) Maintaining full capital account convertibility.
Choose the correct answer using the options given below: