SSC Economics Sample Paper NCERT Sample Paper-5

  • question_answer
    What is correct about the popular idea of 'Triple Bottom Line'?

    A)  This is an idea of promoting higher growth rates together with keeping inflation and wages both to their lower sides.

    B)  The idea of promoting higher growth rates together with keeping stable inflation and exchange rates.

    C)  The idea of generating social and environmental good together with money profits by the corporate houses.

    D)  The idea of promoting higher export growth rates without cutting down imports and export subsidies.

    Correct Answer: C

    Solution :

    [c] The old style 'free market' economy recognized only one bottom line. i.e., 'money pro fits'. Today, major corporate housed of the world accept, at least in principle, that they must not only make 'money' but also show the 'social' and 'environment' good (wellness) they have generated.


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