Preliminary Exam CSAT August 14

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MCQ
GS

1. With reference to the above passage, the following assumptions have been made:

  1. India's economy needs to be greatly integrated with global economy so as to create large number of jobs and to sustain its growth momentum.
  2. Economic liberalization would cause large economic growth which would reduce poverty and create sufficient employment in the long run.

  Which of the above assumptions is/are valid?