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Read the information given below carefully and answer the following question.Almost a decade after the onset of the global financial crisis, national debt in advanced economies remains near its highest level since World War II, averaging 104 percent of GDP. Without measures either to cut spending or increase revenue, the situation will only get worse. As central banks abandon the extraordinary monetary measures, they adopted to battle the crisis, interest rates will inevitably rise from historic lows. That means interest payments will eat up a growing share of government spending, leaving less money to deliver public services or take steps to ensure long term economic growth, such as investing in infrastructure and education. Servicing debt will become a major burden.This passage relates toa)Rising interest payments in economics 1 over the world.b)Impact of high national debt on the developing economies.c)Poor public spending in advanced economies.d)Negative implications of high debt in advanced economies.Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Read the information given below carefully and answer the following question.Almost a decade after the onset of the global financial crisis, national debt in advanced economies remains near its highest level since World War II, averaging 104 percent of GDP. Without measures either to cut spending or increase revenue, the situation will only get worse. As central banks abandon the extraordinary monetary measures, they adopted to battle the crisis, interest rates will inevitably rise from historic lows. That means interest payments will eat up a growing share of government spending, leaving less money to deliver public services or take steps to ensure long term economic growth, such as investing in infrastructure and education. Servicing debt will become a major burden.This passage relates toa)Rising interest payments in economics 1 over the world.b)Impact of high national debt on the developing economies.c)Poor public spending in advanced economies.d)Negative implications of high debt in advanced economies.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the information given below carefully and answer the following question.Almost a decade after the onset of the global financial crisis, national debt in advanced economies remains near its highest level since World War II, averaging 104 percent of GDP. Without measures either to cut spending or increase revenue, the situation will only get worse. As central banks abandon the extraordinary monetary measures, they adopted to battle the crisis, interest rates will inevitably rise from historic lows. That means interest payments will eat up a growing share of government spending, leaving less money to deliver public services or take steps to ensure long term economic growth, such as investing in infrastructure and education. Servicing debt will become a major burden.This passage relates toa)Rising interest payments in economics 1 over the world.b)Impact of high national debt on the developing economies.c)Poor public spending in advanced economies.d)Negative implications of high debt in advanced economies.Correct answer is option 'D'. Can you explain this answer?.

Solutions for Read the information given below carefully and answer the following question.Almost a decade after the onset of the global financial crisis, national debt in advanced economies remains near its highest level since World War II, averaging 104 percent of GDP. Without measures either to cut spending or increase revenue, the situation will only get worse. As central banks abandon the extraordinary monetary measures, they adopted to battle the crisis, interest rates will inevitably rise from historic lows. That means interest payments will eat up a growing share of government spending, leaving less money to deliver public services or take steps to ensure long term economic growth, such as investing in infrastructure and education. Servicing debt will become a major burden.This passage relates toa)Rising interest payments in economics 1 over the world.b)Impact of high national debt on the developing economies.c)Poor public spending in advanced economies.d)Negative implications of high debt in advanced economies.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Read the information given below carefully and answer the following question.Almost a decade after the onset of the global financial crisis, national debt in advanced economies remains near its highest level since World War II, averaging 104 percent of GDP. Without measures either to cut spending or increase revenue, the situation will only get worse. As central banks abandon the extraordinary monetary measures, they adopted to battle the crisis, interest rates will inevitably rise from historic lows. That means interest payments will eat up a growing share of government spending, leaving less money to deliver public services or take steps to ensure long term economic growth, such as investing in infrastructure and education. Servicing debt will become a major burden.This passage relates toa)Rising interest payments in economics 1 over the world.b)Impact of high national debt on the developing economies.c)Poor public spending in advanced economies.d)Negative implications of high debt in advanced economies.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the information given below carefully and answer the following question.Almost a decade after the onset of the global financial crisis, national debt in advanced economies remains near its highest level since World War II, averaging 104 percent of GDP. Without measures either to cut spending or increase revenue, the situation will only get worse. As central banks abandon the extraordinary monetary measures, they adopted to battle the crisis, interest rates will inevitably rise from historic lows. That means interest payments will eat up a growing share of government spending, leaving less money to deliver public services or take steps to ensure long term economic growth, such as investing in infrastructure and education. Servicing debt will become a major burden.This passage relates toa)Rising interest payments in economics 1 over the world.b)Impact of high national debt on the developing economies.c)Poor public spending in advanced economies.d)Negative implications of high debt in advanced economies.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Read the information given below carefully and answer the following question.Almost a decade after the onset of the global financial crisis, national debt in advanced economies remains near its highest level since World War II, averaging 104 percent of GDP. Without measures either to cut spending or increase revenue, the situation will only get worse. As central banks abandon the extraordinary monetary measures, they adopted to battle the crisis, interest rates will inevitably rise from historic lows. That means interest payments will eat up a growing share of government spending, leaving less money to deliver public services or take steps to ensure long term economic growth, such as investing in infrastructure and education. Servicing debt will become a major burden.This passage relates toa)Rising interest payments in economics 1 over the world.b)Impact of high national debt on the developing economies.c)Poor public spending in advanced economies.d)Negative implications of high debt in advanced economies.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Read the information given below carefully and answer the following question.Almost a decade after the onset of the global financial crisis, national debt in advanced economies remains near its highest level since World War II, averaging 104 percent of GDP. Without measures either to cut spending or increase revenue, the situation will only get worse. As central banks abandon the extraordinary monetary measures, they adopted to battle the crisis, interest rates will inevitably rise from historic lows. That means interest payments will eat up a growing share of government spending, leaving less money to deliver public services or take steps to ensure long term economic growth, such as investing in infrastructure and education. Servicing debt will become a major burden.This passage relates toa)Rising interest payments in economics 1 over the world.b)Impact of high national debt on the developing economies.c)Poor public spending in advanced economies.d)Negative implications of high debt in advanced economies.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the information given below carefully and answer the following question.Almost a decade after the onset of the global financial crisis, national debt in advanced economies remains near its highest level since World War II, averaging 104 percent of GDP. Without measures either to cut spending or increase revenue, the situation will only get worse. As central banks abandon the extraordinary monetary measures, they adopted to battle the crisis, interest rates will inevitably rise from historic lows. That means interest payments will eat up a growing share of government spending, leaving less money to deliver public services or take steps to ensure long term economic growth, such as investing in infrastructure and education. Servicing debt will become a major burden.This passage relates toa)Rising interest payments in economics 1 over the world.b)Impact of high national debt on the developing economies.c)Poor public spending in advanced economies.d)Negative implications of high debt in advanced economies.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice UPSC tests.