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Inclusive growth is an important objective of the development process. In this context, which of the following would amount to inclusive growth?
1. Poverty reduction.
2. Disinvestment.
3. Good governance.
4. Skill building.
Select the correct answer using the codes given below.
  • a)
    1, 2 and 3 only
  • b)
    1 ,3 and 4 only
  • c)
    2 ,3 and 4 only
  • d)
    1 ,2, and 4 only
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Inclusive growth is an important objective of the development process....
Answer & Explanation : (b) 1, 3 and 4 only.
Inclusive growth is a concept that advances equitable opportunities for economic participants during economic growth with benefits incurred by every section of society. Disinvestment is reducing the government ownership in public sector enterprises. It is not in any way related to inclusive growth. The rest three helps in inclusive growth.
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Most Upvoted Answer
Inclusive growth is an important objective of the development process....
Inclusive growth is an important objective of the development process. In this context, the following would amount to inclusive growth:

1. Poverty reduction: Poverty reduction is a crucial aspect of inclusive growth. It aims to reduce the number of people living below the poverty line and ensure that the benefits of development reach the poorest sections of society. This can be achieved through measures such as social welfare programs, income redistribution, and targeted interventions to uplift marginalized communities.

2. Good governance: Good governance plays a significant role in promoting inclusive growth. It encompasses transparency, accountability, and effective public institutions. A well-functioning government ensures that policies and programs are designed and implemented in a manner that benefits all sections of society, especially the marginalized and vulnerable groups.

3. Skill building: Skill building initiatives are essential for inclusive growth as they empower individuals to participate in the economic development process. By providing training and education opportunities, people can acquire the necessary skills to secure better employment and livelihoods. This not only reduces income inequality but also promotes social mobility and enhances overall productivity.

Therefore, the correct answer is option B (1, 3, and 4 only). Disinvestment (option 2) does not directly contribute to inclusive growth. Disinvestment refers to the sale or transfer of government-owned assets or shares in public sector enterprises. While it may have economic implications, it does not necessarily address the objective of inclusive growth, which focuses on reducing poverty, promoting equity, and ensuring equal opportunities for all.

In conclusion, inclusive growth requires a multi-dimensional approach that encompasses poverty reduction, good governance, and skill building. These elements are crucial for creating a more equitable and sustainable society where everyone has access to opportunities and benefits from the development process.
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Inclusive growth is an important objective of the development process. In this context, which of the following would amount to inclusive growth?1. Poverty reduction.2. Disinvestment.3. Good governance.4. Skill building.Select the correct answer using the codes given below.a)1, 2 and 3 onlyb)1 ,3 and 4 onlyc)2 ,3 and 4 onlyd)1 ,2, and 4 onlyCorrect answer is option 'B'. Can you explain this answer?
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