Question:medium

The main pre-requisites of a sound institutional structure for economic development are:
• [A.] Property rights and legally binding contracts
• [B.] Regulatory Institutions
• [C.] Free market institutions
• [D.] Institutions for macroeconomic stability Choose the correct answer from the options given below:

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A strong institutional framework for economic development generally includes:
• Protection of property rights.
• Enforcement of contracts.
• Effective regulatory institutions.
• Institutions ensuring macroeconomic stability. These institutions encourage investment, improve governance and support long-term economic growth.
Updated On: Jul 29, 2026
  • A, C and D only
  • A, B and C only
  • A, B and D only
  • B, C and D only
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The Correct Option is C

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