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Author: Study Clue

January 8, 2026 Study Clue

Chapter 16: Development Economics (Set-1)

Development economics mainly studies A Weather and climate B Long-run welfare rise C Stock market tips D Daily price changes

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January 8, 2026 Study Clue

Chapter 15: Poverty, Unemployment & Inequality (Set-5)

When a poverty line is updated using a price index that poorly reflects poor households’ consumption basket, the poverty estimate

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January 8, 2026 Study Clue

Chapter 15: Poverty, Unemployment & Inequality (Set-4)

A poverty estimate can fall even without real improvement if the poverty line is A Raised uniformly B Indexed to

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January 8, 2026 Study Clue

Chapter 15: Poverty, Unemployment & Inequality (Set-3)

When poverty measurement changes from calorie norms to consumption-based baskets, the main purpose is to capture A Only food prices

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January 8, 2026 Study Clue

Chapter 15: Poverty, Unemployment & Inequality (Set-2)

When poverty is calculated using consumption spending instead of income, the main reason is that income A Is always tax-free

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January 8, 2026 Study Clue

Chapter 15: Poverty, Unemployment & Inequality (Set-1)

In economics, poverty is most commonly understood as a situation where a person A Has low savings B Lives in

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January 8, 2026 Study Clue

Chapter 14: Indian Economy (Economic Reforms since 1991) (Set-5)

A major reform step to reduce government burden in running businesses was to promote A Full price controls B Closed

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January 8, 2026 Study Clue

Chapter 14: Indian Economy (Economic Reforms since 1991) (Set-4)

If the exchange rate is kept fixed while allowing free capital flows, the policy that becomes hardest to control is

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January 8, 2026 Study Clue

Chapter 14: Indian Economy (Economic Reforms since 1991) (Set-3)

In 1991, the immediate trigger that pushed India toward reforms was largely a shortage of A Domestic food grains B

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January 8, 2026 Study Clue

Chapter 14: Indian Economy (Economic Reforms since 1991) (Set-2)

In the early 1990s reform phase, “stabilization” policies mainly focused on A Expanding subsidies rapidly B Increasing import bans C

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