Topic Details (Notes format)

Doubling Farmers’ Income

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

Focuses on the government’s ambition to double average farmers’ incomes through measures like better crop productivity, expanded irrigation, minimized post-harvest losses, market reforms, and value addition. Exam notes emphasize how diversifying into high-value crops, allied sectors (dairy, fisheries), and efficient supply chains can enhance profitability, while also analyzing constraints like small landholdings and volatile market prices.

Practice Questions

What is the meaning of "fiscal deficit"?

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What is the main purpose of monetary policy?

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What does the term “capital account” refer to in the balance of payments?

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What is the Phillips Curve?

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What is “inflation targeting”?

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What is the main objective of disinvestment in public sector undertakings (PSUs)?

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Which of the following is an example of fiscal policy?

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Which organization is responsible for estimating India’s Gross Domestic Product (GDP)?

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What does the term “elasticity of demand” measure?

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What is the meaning of “dumping” in international trade?

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