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Q.

Choose if the given statement is True/False:


Higher economic growth helps in poverty reduction.


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a

True

b

False 

answer is A.

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Detailed Solution

The above statement is True.
Higher economic growth helps in poverty reduction.
The reason is the high economic growth rate and human resource development investments. Thus, economic growth helps reduce poverty. However, the government must focus on equal distribution of income. If there is inequality, no positive effect will be seen on poverty levels. The increased national income should benefit the population instead of a few people.
 
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