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Q.

Choose given statement is True/False


In India, a large population has been considered an asset rather than a liability.


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a

True

b

False 

answer is B.

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Detailed Solution

The given statement is false.
We have seen that a large population has been considered a liability rather than a valuable and essential asset. This was due to low life expectancy, high death rates, and low literacy rates. Employing people with ill health and low skills will eventually leave the company in taking care of their employees; those employees become a hindrance to the growth of the company at the micro level and the economy at the macro level.
In India, a large population has been considered a liability rather than an asset.
 
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