UPSC Exam  >  UPSC Questions  >  APS=a)S/Db)C/Sc)S/Yd)None of theseCorrect ans... Start Learning for Free
APS=
  • a)
     S/D
  • b)
     C/S
  • c)
     S/Y
  • d)
    None of these
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
APS=a)S/Db)C/Sc)S/Yd)None of theseCorrect answer is option 'C'. Can yo...
Explanation:

APS stands for Annual Performance Statement, which is a report submitted by government ministries and departments to the Parliament of India. It includes details of the department's performance in terms of physical and financial achievements during the financial year.

The APS is not related to any economic concept such as S/D or C/S. However, it can be linked to the economic concept of S/Y, which represents the ratio of savings to national income. The APS can provide information on the government's savings in a particular financial year, which can be used to calculate the S/Y ratio.

Therefore, option C is the correct answer.
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Community Answer
APS=a)S/Db)C/Sc)S/Yd)None of theseCorrect answer is option 'C'. Can yo...
APS stands for average propensity to save,it indicates the proportion of income that is saved by an individual,
APS= saving/ income
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APS=a)S/Db)C/Sc)S/Yd)None of theseCorrect answer is option 'C'. Can you explain this answer?
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