Subject: Economics
Book: Comprehensive Indian Economy
India’s demographic advantage arises from a high proportion of working-age population. This can power economic growth if harnessed with quality education, skill upgradation, and productive jobs. However, lack of skill alignment, outdated curricula, and slow growth in labor-intensive sectors may squander this potential. Government programs emphasize vocational training, entrepreneurship, and bridging skill gaps. Exam prep includes debates on automation threats, labor reforms to spur formal employment, and the potential for services and manufacturing to absorb large youth cohorts. Policies that ensure women’s workforce participation can further strengthen this dividend.
What is the objective of the Goods and Services Tax (GST)?
View QuestionWhat is the concept of “invisible hand” associated with?
View QuestionWhich of the following best describes “capital formation”?
View QuestionWhat does the term “capital account” refer to in the balance of payments?
View QuestionWhich of the following statements best defines Gross Domestic Product (GDP)?
View QuestionWhat does the “Phillips Curve” show?
View QuestionWhat is meant by “structural unemployment”?
View QuestionWhich of the following sectors contributes the most to India’s GDP?
View QuestionWhich of the following is a characteristic of “perfect competition”?
View QuestionWhat does the term “national income” refer to?
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