The 'automatic route' for FDI means: MCQ with Answer and Explanation

Explanation:
Loss and damage refers to the adverse effects of climate change that cannot be avoided through mitigation or adaptation; the agenda seeks financial and technical support for particularly vulnerable countries.

Explanation:
Quantitative restrictions (QRs) are non-tariff barriers that limit the volume or value of imports, such as quotas and licensing requirements.

Explanation:
The paradox of thrift argues that if everyone tries to save more during a recession, aggregate demand falls, leading to lower income and ultimately lower total saving.