MC27 What is the impact of political instability on the Indian economy?
A. Reduced economic growth
B. Reduced investment
C. Reduced business confidence
D. All of the above
Answer:D
MC27 What is the impact of political instability on the Indian economy?
A. Reduced economic growth B. Reduced investment C. Reduced business confidence D. All of the above
Explanation: Political instability can have a range of impacts on the Indian economy. When there is political instability, it can reduce economic growth, as businesses may be hesitant to invest in an economy that is uncertain. Additionally, political instability can reduce investment, as investors may be hesitant to invest in an economy that is politically unstable. Finally, political instability can reduce business confidence, as businesses may be uncertain about the direction of government policy and the future of the economy.