Economics (AS & A Level) · May / June 2022 · Paper 11 · Question 2
The Indian government operates a pension scheme. Which statement about this scheme would be classed as normative?
- ATo be eligible, individuals must be above the age of 60 and live below the poverty line.
- BIn January 2020, eligible individuals aged over 70 received 500 rupees per month.
- CIn 2018, the Supreme Court said the government must review pension payments because they are unrealistic.
- DIn January 2020, the Indian government announced that it might increase the payment to 1000 rupees per month.
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Correct answer: C. In 2018, the Supreme Court said the government must review pension payments because they are unrealistic.
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