Which of the following is a feature of the 'Beyond GDP' movement?
A. The search for broader indicators of well-being and sustainability that complement or go beyond GDP
B. The complete abandonment of any quantitative indicators
C. The exclusive focus on GDP growth
D. The rejection of all economic statistics
Answer: Option A
Solution (By JKSSB Mock Tests)
The Beyond GDP agenda seeks to develop and use a wider set of indicators—covering health, education, environment, inequality and subjective well-being—to provide a more comprehensive picture of societal progress.
Explanation:
Margin requirements (prescribing the difference between loan amount and value of security) is a selective/qualitative credit control measure used by RBI.
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