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According to UBS Securities, what factors contributed to the increased growth potential of the Indian economy in the medium term?
- a)Decreased digitalization adoption.
- b)Government spending on luxury goods.
- c)Higher household spending, buoyant credit growth, and reallocation of government spending.
- d)Focus on traditional agricultural practices.
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
According to UBS Securities, what factors contributed to the increased...
UBS Securities attributes the increased growth potential to higher household spending, buoyant credit growth, and a strategic reallocation of government spending towards pro-rural and pro-social schemes.
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According to UBS Securities, what factors contributed to the increased...
- **Higher household spending, buoyant credit growth, and reallocation of government spending**
India's increased growth potential in the medium term is mainly attributed to higher household spending, buoyant credit growth, and the reallocation of government spending.
- **Household spending:** With a growing middle class and increasing disposable income, household spending in India has been on the rise. This trend is expected to continue in the medium term, driving economic growth.
- **Credit growth:** The availability of credit to consumers and businesses has been increasing, contributing to higher investment and consumption in the economy. This buoyant credit growth is expected to fuel economic expansion in the medium term.
- **Reallocation of government spending:** The Indian government has been focusing on redirecting its spending towards infrastructure development, healthcare, education, and other key sectors. This reallocation of government spending is expected to boost economic growth by improving productivity and creating employment opportunities.
Overall, these factors are expected to drive India's economic growth in the medium term, making it an attractive destination for investors and businesses looking to capitalize on the country's expanding market and opportunities.
India's increased growth potential in the medium term is mainly attributed to higher household spending, buoyant credit growth, and the reallocation of government spending.
- **Household spending:** With a growing middle class and increasing disposable income, household spending in India has been on the rise. This trend is expected to continue in the medium term, driving economic growth.
- **Credit growth:** The availability of credit to consumers and businesses has been increasing, contributing to higher investment and consumption in the economy. This buoyant credit growth is expected to fuel economic expansion in the medium term.
- **Reallocation of government spending:** The Indian government has been focusing on redirecting its spending towards infrastructure development, healthcare, education, and other key sectors. This reallocation of government spending is expected to boost economic growth by improving productivity and creating employment opportunities.
Overall, these factors are expected to drive India's economic growth in the medium term, making it an attractive destination for investors and businesses looking to capitalize on the country's expanding market and opportunities.
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According to UBS Securities, what factors contributed to the increased growth potential of the Indian economy in the medium term?a)Decreased digitalization adoption.b)Government spending on luxury goods.c)Higher household spending, buoyant credit growth, and reallocation of government spending.d)Focus on traditional agricultural practices.Correct answer is option 'C'. Can you explain this answer?
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According to UBS Securities, what factors contributed to the increased growth potential of the Indian economy in the medium term?a)Decreased digitalization adoption.b)Government spending on luxury goods.c)Higher household spending, buoyant credit growth, and reallocation of government spending.d)Focus on traditional agricultural practices.Correct answer is option 'C'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about According to UBS Securities, what factors contributed to the increased growth potential of the Indian economy in the medium term?a)Decreased digitalization adoption.b)Government spending on luxury goods.c)Higher household spending, buoyant credit growth, and reallocation of government spending.d)Focus on traditional agricultural practices.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for According to UBS Securities, what factors contributed to the increased growth potential of the Indian economy in the medium term?a)Decreased digitalization adoption.b)Government spending on luxury goods.c)Higher household spending, buoyant credit growth, and reallocation of government spending.d)Focus on traditional agricultural practices.Correct answer is option 'C'. Can you explain this answer?.
According to UBS Securities, what factors contributed to the increased growth potential of the Indian economy in the medium term?a)Decreased digitalization adoption.b)Government spending on luxury goods.c)Higher household spending, buoyant credit growth, and reallocation of government spending.d)Focus on traditional agricultural practices.Correct answer is option 'C'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about According to UBS Securities, what factors contributed to the increased growth potential of the Indian economy in the medium term?a)Decreased digitalization adoption.b)Government spending on luxury goods.c)Higher household spending, buoyant credit growth, and reallocation of government spending.d)Focus on traditional agricultural practices.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for According to UBS Securities, what factors contributed to the increased growth potential of the Indian economy in the medium term?a)Decreased digitalization adoption.b)Government spending on luxury goods.c)Higher household spending, buoyant credit growth, and reallocation of government spending.d)Focus on traditional agricultural practices.Correct answer is option 'C'. Can you explain this answer?.
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According to UBS Securities, what factors contributed to the increased growth potential of the Indian economy in the medium term?a)Decreased digitalization adoption.b)Government spending on luxury goods.c)Higher household spending, buoyant credit growth, and reallocation of government spending.d)Focus on traditional agricultural practices.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for According to UBS Securities, what factors contributed to the increased growth potential of the Indian economy in the medium term?a)Decreased digitalization adoption.b)Government spending on luxury goods.c)Higher household spending, buoyant credit growth, and reallocation of government spending.d)Focus on traditional agricultural practices.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of According to UBS Securities, what factors contributed to the increased growth potential of the Indian economy in the medium term?a)Decreased digitalization adoption.b)Government spending on luxury goods.c)Higher household spending, buoyant credit growth, and reallocation of government spending.d)Focus on traditional agricultural practices.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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