UPSC PRELIMS · ECONOMICS · VIETNAMESE ECONOMIC GROWTH AND GLOBAL SUPPLY CHAINS
Consider the following statements: 1. Vietnam has been one of the fastest-growing economies in the world in recent years. 2. Vietnam is led by a multi-party political system. 3. Vietnam’s economic growth is linked to its integration with global supply chains and focus on exports. 4. For a long time, Vietnam’s low labor costs and stable exchange rates have attracted global manufacturers. 5. Vietnam has the most productive e-service sector in the Indo-Pacific region. Which of the statements given above are correct?
Take a breath. Choose one. Press A–D on your keyboard if you like.
EXPLANATION
Vietnam has grown rapidly through export-oriented integration and manufacturing investment; it is not a multi-party political system, and the e-service claim is incorrect.
More Economics practice
ECONOMICS · Indian Economy: Energy
Consider the following: 1. Battery storage 2. Biomass generators 3. Fuel cells 4. Rooftop solar photovoltaic systems How many of the above…
ECONOMICS · Indian Economy: Energy
Pumped-storage hydropower is mainly used for which one of the following purposes?
ECONOMICS · Indian Economy: Financial Markets
Collateral Borrowing and Lending Obligations are instruments of which one of the following markets?
ECONOMICS · Indian Economy: Agriculture
Which one of the following best describes the initiative '100 Million Farmers'?
Ready for the real thing?
Battle other aspirants in timed 1v1 Prelims duels, climb the rating ladder and keep your daily streak. Free and ad-free.