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.
What is the concept of “invisible hand” associated with?
View QuestionWhich term refers to the decrease in the value of a currency relative to foreign currencies?
View QuestionWhich of the following is NOT a component of Aggregate Demand?
View QuestionWhat is the primary function of the International Monetary Fund (IMF)?
View QuestionWhich of the following is a direct tax?
View QuestionWhich of the following is a characteristic of “perfect competition”?
View QuestionWhich is the largest source of tax revenue for the Government of India?
View QuestionWhich of the following is an example of a renewable resource?
View QuestionWhat does the “Phillips Curve” show?
View QuestionWhich of the following best describes “capital formation”?
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