Consider the following statements :
- 1.Vietnam has been one of the fastest growing economies in the world in the 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 labour 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 ?
Show answer
Answer: C. Statement 1 is correct: Vietnam has been among the fastest-growing economies. Statement 2 is wrong: Vietnam is a one-party state led by the Communist Party. Statement 3 is correct: its growth is tied to exports and global supply chains. Statement 4 is correct: low labour costs and a stable exchange rate attract manufacturers. Statement 5 is not established and is treated as wrong. So 1, 3 and 4.
Watch for: Statement 5 sounds like a plausible superlative, but such 'most productive' claims are usually unsupported.
Why the other options are wrong
- A. Wrong because Vietnam is not a multi-party system.
- B. Wrong because statement 5 is not supported and 1 is missing.
- D. Wrong because Vietnam has a single-party system.
Source to check: World Bank Vietnam Overview (worldbank.org/en/country/vietnam); Constitution of Vietnam, Article 4
Answer from the official UPSC key. Written and fact-checked by AI against the official key. Spotted a mistake? Report it.