Question:

Literacy rate of country is an indicator of its socio-economic development.

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A high literacy rate is an important indicator of a country's social and economic development, as it often leads to higher productivity and better living standards.
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Solution and Explanation

Literacy rate is closely linked to a country’s socio-economic development. Higher literacy rates often correlate with better access to education, healthcare, and employment opportunities, leading to higher productivity, innovation, and overall economic growth.
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