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 meaning of “dumping” in international trade?
View QuestionWhat is meant by “crowding out” in economics?
View QuestionWhich of the following causes demand-pull inflation?
View QuestionWhat does the “Phillips Curve” show?
View QuestionWhat is “inflation targeting”?
View QuestionWhich economic concept is described as “the next best alternative foregone”?
View QuestionWhat is the main aim of Public Distribution System (PDS) in India?
View QuestionWhat is the term for the ability of an economy to produce more output from the same inputs?
View QuestionWhat is the significance of “Purchasing Power Parity” (PPP)?
View QuestionWhich of the following is a feature of a command economy?
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