Economics · Financial Literacy
According to the final paragraph, what is the potential danger of 'financial deepening' without education?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1It results in economic fragility and potential debt crises.✓
- 2It leads to an over-reliance on the demographic dividend.
- 3It creates a surplus in the state's fiscal balance sheet.
- 4It eliminates the need for behavioral economics.
Correct answer
It results in economic fragility and potential debt crises.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Preparing for Economics?
Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Financial Literacy MCQs →Want more practice questions on Financial Literacy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Financial Literacy