Statement: In December 2024, the Indian government announced measures to…
2024
Statement: In December 2024, the Indian government announced measures to achieve a GDP growth target of 6.5% to 7% for the current fiscal year. This decision followed slower-than-expected growth in the July-September quarter, attributed to weaker manufacturing and consumption sectors. The government plans to boost infrastructure spending and increase incentives for electric vehicle manufacturers to stimulate economic growth.
Conclusions:
I. The Indian government is proactively addressing the economic slowdown by implementing strategic measures.
II. Enhancing infrastructure spending is expected to positively impact India's GDP growth.
III. The slowdown in the July-September quarter was solely due to external global factors.
Which of the above conclusions logically follows with the statement?
- A.
Only I
- B.
Only II
- C.
Only III
- D.
Only I and II
- E.
Only II and III
Attempted by 3 students.
Show answer & explanation
Correct answer: D
The statement says the government announced measures after slower growth, including infrastructure spending and EV incentives. Therefore conclusion I follows. Since infrastructure spending is one of the announced measures to stimulate growth, conclusion II also follows. The slowdown was attributed to weaker manufacturing and consumption, not solely external global factors, so conclusion III does not follow.