The concept of 'Intergenerational Equity' is particularly relevant in the context of:
A. Only short-term monetary policy
B. Only trade policy
C. Public debt and fiscal sustainability
D. Only private investment decisions
Answer: Option C
Solution (By JKSSB Mock Tests)
Intergenerational equity concerns the fairness of distributing the burden of public debt and resource use between present and future generations, important for fiscal sustainability.
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