Subject: Economics
Book: Comprehensive Indian Economy
Agriculture employs a significant portion of India’s workforce, though its GDP share has declined post-reforms. Key areas include crop diversification, irrigation, allied activities (dairy, fisheries), and government interventions like Minimum Support Price (MSP). Challenges persist: small landholdings, volatile monsoons, and inadequate market linkages. Green Revolution successes and subsequent missions—White Revolution, Blue Revolution—offer insights into sectoral transformations. For exams, note critical aspects like the Pradhan Mantri Fasal Bima Yojana (crop insurance), e-NAM (digital trading platforms), and the push for sustainable practices under climate stress. Reforms in agri-marketing and contract farming also feature in contemporary debates.
Which of the following sectors contributes the most to India’s GDP?
View QuestionWhat is the meaning of “supply-side economics”?
View QuestionWhich of the following measures is most effective in controlling inflation?
View QuestionWhich of the following measures can reduce a trade deficit?
View QuestionWhat is the main function of the Reserve Bank of India (RBI)?
View QuestionWhich of the following is NOT a function of the World Trade Organization (WTO)?
View QuestionWhich of the following is NOT an example of a direct tax?
View QuestionWhat is “inflation targeting”?
View QuestionWhich of the following is a characteristic of “perfect competition”?
View QuestionWhat is meant by “marginal propensity to consume”?
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