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The IMF has pointed out that the fast growing economies of Asia face the risk of falling into ‘middle-income trap’. It means that average incomes in these countries, which till now have been growing rapidly, will stop growing beyond a point—a point that is well short of incomes in the developed West. The IMF identifies a number of causes of middle-income trap—none of which is surprising—from infrastructure to weak institutions, to less than favourable macroeconomic conditions. But the broad, overall cause, says IMF, is a collapse in the growth of productivity.Q.Which among the following is the most logical, rational and critical inference that can be made from the above passage?a)Once a country reaches middle-income stage, it runs the risk of falling productivity which leads to stagnant incomes.b)Falling into middle-income trap is a general characteristic of fast growing economies.c)There is no hope at all for emerging Asian economies to sustain the growth momentum.d)As regards growth of productivity, the performance of Asian economies is not satisfactory.Correct answer is option 'A'. 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 The IMF has pointed out that the fast growing economies of Asia face the risk of falling into ‘middle-income trap’. It means that average incomes in these countries, which till now have been growing rapidly, will stop growing beyond a point—a point that is well short of incomes in the developed West. The IMF identifies a number of causes of middle-income trap—none of which is surprising—from infrastructure to weak institutions, to less than favourable macroeconomic conditions. But the broad, overall cause, says IMF, is a collapse in the growth of productivity.Q.Which among the following is the most logical, rational and critical inference that can be made from the above passage?a)Once a country reaches middle-income stage, it runs the risk of falling productivity which leads to stagnant incomes.b)Falling into middle-income trap is a general characteristic of fast growing economies.c)There is no hope at all for emerging Asian economies to sustain the growth momentum.d)As regards growth of productivity, the performance of Asian economies is not satisfactory.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The IMF has pointed out that the fast growing economies of Asia face the risk of falling into ‘middle-income trap’. It means that average incomes in these countries, which till now have been growing rapidly, will stop growing beyond a point—a point that is well short of incomes in the developed West. The IMF identifies a number of causes of middle-income trap—none of which is surprising—from infrastructure to weak institutions, to less than favourable macroeconomic conditions. But the broad, overall cause, says IMF, is a collapse in the growth of productivity.Q.Which among the following is the most logical, rational and critical inference that can be made from the above passage?a)Once a country reaches middle-income stage, it runs the risk of falling productivity which leads to stagnant incomes.b)Falling into middle-income trap is a general characteristic of fast growing economies.c)There is no hope at all for emerging Asian economies to sustain the growth momentum.d)As regards growth of productivity, the performance of Asian economies is not satisfactory.Correct answer is option 'A'. Can you explain this answer?.

Solutions for The IMF has pointed out that the fast growing economies of Asia face the risk of falling into ‘middle-income trap’. It means that average incomes in these countries, which till now have been growing rapidly, will stop growing beyond a point—a point that is well short of incomes in the developed West. The IMF identifies a number of causes of middle-income trap—none of which is surprising—from infrastructure to weak institutions, to less than favourable macroeconomic conditions. But the broad, overall cause, says IMF, is a collapse in the growth of productivity.Q.Which among the following is the most logical, rational and critical inference that can be made from the above passage?a)Once a country reaches middle-income stage, it runs the risk of falling productivity which leads to stagnant incomes.b)Falling into middle-income trap is a general characteristic of fast growing economies.c)There is no hope at all for emerging Asian economies to sustain the growth momentum.d)As regards growth of productivity, the performance of Asian economies is not satisfactory.Correct answer is option 'A'. 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 The IMF has pointed out that the fast growing economies of Asia face the risk of falling into ‘middle-income trap’. It means that average incomes in these countries, which till now have been growing rapidly, will stop growing beyond a point—a point that is well short of incomes in the developed West. The IMF identifies a number of causes of middle-income trap—none of which is surprising—from infrastructure to weak institutions, to less than favourable macroeconomic conditions. But the broad, overall cause, says IMF, is a collapse in the growth of productivity.Q.Which among the following is the most logical, rational and critical inference that can be made from the above passage?a)Once a country reaches middle-income stage, it runs the risk of falling productivity which leads to stagnant incomes.b)Falling into middle-income trap is a general characteristic of fast growing economies.c)There is no hope at all for emerging Asian economies to sustain the growth momentum.d)As regards growth of productivity, the performance of Asian economies is not satisfactory.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The IMF has pointed out that the fast growing economies of Asia face the risk of falling into ‘middle-income trap’. It means that average incomes in these countries, which till now have been growing rapidly, will stop growing beyond a point—a point that is well short of incomes in the developed West. The IMF identifies a number of causes of middle-income trap—none of which is surprising—from infrastructure to weak institutions, to less than favourable macroeconomic conditions. But the broad, overall cause, says IMF, is a collapse in the growth of productivity.Q.Which among the following is the most logical, rational and critical inference that can be made from the above passage?a)Once a country reaches middle-income stage, it runs the risk of falling productivity which leads to stagnant incomes.b)Falling into middle-income trap is a general characteristic of fast growing economies.c)There is no hope at all for emerging Asian economies to sustain the growth momentum.d)As regards growth of productivity, the performance of Asian economies is not satisfactory.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for The IMF has pointed out that the fast growing economies of Asia face the risk of falling into ‘middle-income trap’. It means that average incomes in these countries, which till now have been growing rapidly, will stop growing beyond a point—a point that is well short of incomes in the developed West. The IMF identifies a number of causes of middle-income trap—none of which is surprising—from infrastructure to weak institutions, to less than favourable macroeconomic conditions. But the broad, overall cause, says IMF, is a collapse in the growth of productivity.Q.Which among the following is the most logical, rational and critical inference that can be made from the above passage?a)Once a country reaches middle-income stage, it runs the risk of falling productivity which leads to stagnant incomes.b)Falling into middle-income trap is a general characteristic of fast growing economies.c)There is no hope at all for emerging Asian economies to sustain the growth momentum.d)As regards growth of productivity, the performance of Asian economies is not satisfactory.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of The IMF has pointed out that the fast growing economies of Asia face the risk of falling into ‘middle-income trap’. It means that average incomes in these countries, which till now have been growing rapidly, will stop growing beyond a point—a point that is well short of incomes in the developed West. The IMF identifies a number of causes of middle-income trap—none of which is surprising—from infrastructure to weak institutions, to less than favourable macroeconomic conditions. But the broad, overall cause, says IMF, is a collapse in the growth of productivity.Q.Which among the following is the most logical, rational and critical inference that can be made from the above passage?a)Once a country reaches middle-income stage, it runs the risk of falling productivity which leads to stagnant incomes.b)Falling into middle-income trap is a general characteristic of fast growing economies.c)There is no hope at all for emerging Asian economies to sustain the growth momentum.d)As regards growth of productivity, the performance of Asian economies is not satisfactory.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The IMF has pointed out that the fast growing economies of Asia face the risk of falling into ‘middle-income trap’. It means that average incomes in these countries, which till now have been growing rapidly, will stop growing beyond a point—a point that is well short of incomes in the developed West. The IMF identifies a number of causes of middle-income trap—none of which is surprising—from infrastructure to weak institutions, to less than favourable macroeconomic conditions. But the broad, overall cause, says IMF, is a collapse in the growth of productivity.Q.Which among the following is the most logical, rational and critical inference that can be made from the above passage?a)Once a country reaches middle-income stage, it runs the risk of falling productivity which leads to stagnant incomes.b)Falling into middle-income trap is a general characteristic of fast growing economies.c)There is no hope at all for emerging Asian economies to sustain the growth momentum.d)As regards growth of productivity, the performance of Asian economies is not satisfactory.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.