Q. Which one of the following defines the Purple Economy?
Answer: B
Notes:
Explanation – The Purple Economy is an economic model that recognizes the importance of care work and the empowerment of women to the functioning of economies, the well-being of societies, and the sustainability of life.
There are four pillars of the purple economy: Universal Care Services, Work-Life Balance in the Job Market, Alleviate Rural Unpaid Work, and New Economic Policies.
Source: ForumIAS

