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Given below are two statements : Statement I : Low-income countries (LICs) and lower-middle-income countries (LMICs) have high prospective growth rates and high marginal productivities of capital. Statement II : They should borrow, and borrow heavily, in order to finance a broad-based increase in investments on human capital (education and health), public infrastructure (power, digital, water and sanitation, transport) and environmental protection. In the light of the above statements, choose the most appropriate answer from the options given below :
Correct Answer: (a)
Official keyThis question appeared in the HPPSC Prelims 2021 examination (GS). It is Question 69 out of 200 questions in this paper.
This question was part of the HPPSC Prelims 2021 (GS). The HPPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all HPPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.