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With reference to a research report by SBI on informal economy, consider the following statements:1. The share of the informal economy may have shrunk to no more than 20% of the economic output from about 52% in 2017-18.2. The report estimated that about 1.2 lakh crore of cash usage has been formalised since the COVID-19 pandemic.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 With reference to a research report by SBI on informal economy, consider the following statements:1. The share of the informal economy may have shrunk to no more than 20% of the economic output from about 52% in 2017-18.2. The report estimated that about 1.2 lakh crore of cash usage has been formalised since the COVID-19 pandemic.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 With reference to a research report by SBI on informal economy, consider the following statements:1. The share of the informal economy may have shrunk to no more than 20% of the economic output from about 52% in 2017-18.2. The report estimated that about 1.2 lakh crore of cash usage has been formalised since the COVID-19 pandemic.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?.

Solutions for With reference to a research report by SBI on informal economy, consider the following statements:1. The share of the informal economy may have shrunk to no more than 20% of the economic output from about 52% in 2017-18.2. The report estimated that about 1.2 lakh crore of cash usage has been formalised since the COVID-19 pandemic.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? in English & in Hindi are available as part of our courses for Current Affairs. Download more important topics, notes, lectures and mock test series for Current Affairs Exam by signing up for free.

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