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Regarding the demographic advantage, consider the following statements:
1. According to a study released by China's central bank, India's demographic advantage will surpass China's by 2035.
2. According to a study by China's central bank, the country should liberalise its birth policies immediately to address an ageing population.
Which of the statements given above is/are correct?
  • a)
    1 only 
  • b)
    2 only 
  • c)
    Both 1 and 2 
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Regarding the demographic advantage, consider the following statements...
India's demographic advantage to overtake China's by 2035, says China's central bank report.
  • China's demographic transition due to its stricter birth policies has grappled it with the problem of ageing population and dwindling work-force.
  • A report released by the People's Bank of China (PBOC), China's central bank, said that China should immediately liberalise its birth policies to tackle the problems of an ageing population and plan to compete economically with a demographically young India and an immigration-friendly US.
  • In a detailed section on India, the report said the gap between the two countries is narrowing. As two big countries in Asia, China's economic growth has been faster than India's for a long time but in recent years, China's demographic dividend fading, India's economic growth has tended to approach China's, the report said.
  • It added that China's ageing population and the declining birth rate will become more serious in 10 years while India's demographic structure will be further optimised.
  • The report pointed out that India's labour force will exceed China's by hundreds of millions in the years ahead.
  • By 2050, this advantage will continue to grow. Not only will India have a much narrower elderly population at the top and a much wider workforce in the middle, but it will also have a wider workforce at the bottom, indicating a more abundant workforce and greater growth potential beyond 2050.
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Regarding the demographic advantage, consider the following statements:1. According to a study released by Chinas central bank, Indias demographic advantage will surpass Chinas by 2035.2. According to a study by Chinas central bank, the country should liberalise its birth policies immediately to address an ageing population.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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Regarding the demographic advantage, consider the following statements:1. According to a study released by Chinas central bank, Indias demographic advantage will surpass Chinas by 2035.2. According to a study by Chinas central bank, the country should liberalise its birth policies immediately to address an ageing population.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Regarding the demographic advantage, consider the following statements:1. According to a study released by Chinas central bank, Indias demographic advantage will surpass Chinas by 2035.2. According to a study by Chinas central bank, the country should liberalise its birth policies immediately to address an ageing population.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Regarding the demographic advantage, consider the following statements:1. According to a study released by Chinas central bank, Indias demographic advantage will surpass Chinas by 2035.2. According to a study by Chinas central bank, the country should liberalise its birth policies immediately to address an ageing population.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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