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 meant by the term “current account deficit”?

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Which of the following is considered a public good?

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What is meant by “crowding out” in economics?

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Which of the following is NOT part of the World Bank Group?

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What is the main feature of a free-market economy?

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What is “CRR” in banking terminology?

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What is the meaning of “supply-side economics”?

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

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What is meant by “structural unemployment”?

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What does the “Phillips Curve” show?

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