Which of the following statements is/are correct with reference to the demographic advantage?

Which of the following statements is/are correct with reference to the demographic advantage?

A. According to China’s central bank report India’s demographic advantage will overtake China’s by 2035.

B. According to China’s central bank report China should immediately liberalise its birth policies to tackle the problems of an ageing population.

C. Both A & B

D. None of these

Explanation:

China’s demographic transition owing particularly to its stricter birth policies has grappled it with the problem of ageing population and dwindling work-force. According to China’s central bank report India’s demographic advantage will overtake China’s by 2035. A report released by the People’s Bank of China (PBOC), China’s central bank, said that China should immediately liberalise its birth policies to tackle the problems of an ageing population and plan to compete economically with a demographically young India and an immigration-friendly US.