Q. Concerning the Welfare Efficiency Index as used in the Direct Benefit Transfer (DBT) system evaluation, it considers which of the following factors:

1. Fiscal factors such as savings and minimized subsidies
2. Social factors such as the count of beneficiaries benefited
3. Digital infrastructure factors like internet access penetration and digital literacy rates

Which of the above stated factors are utilized in the formulation of the Index?
Answer: Only 1 and 2
Notes: The Welfare Efficiency Index incorporates fiscal outcomes like savings and subsidy reduction, alongside social outcomes such as the number of beneficiaries reached. However, digital infrastructure metrics like internet access penetration and levels of digital literacy are currently not included in the index as per the existing report.

This question is part of UPSC Daily 20 MCQ Series Course on GKToday Android app.