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Home/Practice questions/Economics
EconomicsIndian Economic Development: Liberalisation, Privatisation and Globalisation - An Appraisal

"There is a consensus in the world today that economic development is…

"There is a consensus in the world today that economic development is not all and the GDP is not necessarily a measure of progress of a society."

Who has quoted the above sentence?

Answer & explanation+

Correct answer: option 1

The correct answer is Option 1: K.R. Narayanan

"There is a consensus in the world today that economic development is not all and the GDP is not necessarily a measure of progress of a society."

This is given by K.R. Narayanan, who was former president of India.

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