Topic Details (Notes format)

Education Sector: Policy and Reforms

Subject: Economics

Book: Comprehensive Indian Economy

Education underpins social mobility and productivity. Policies range from universal primary education drives to higher education expansions via the Rashtriya Uchchatar Shiksha Abhiyan. However, learning outcomes remain suboptimal as indicated by surveys (ASER). Edtech and NEP 2020 reforms are transforming curriculum flexibility and vocational integration. Issues revolve around teacher training, digital divides, and insufficient R&D focus in universities. Exams may ask about the NEP’s aims: holistic learning, mother-tongue instruction, credit-based courses, and skill-based education. Linking these reforms to demographic dividend harnessing is a key evaluative angle.

Practice Questions

Which of the following is a feature of monopolistic competition?

View Question

What is the “law of diminishing marginal utility”?

View Question

What is the main aim of Public Distribution System (PDS) in India?

View Question

Which of the following is a characteristic of “perfect competition”?

View Question

Which of the following statements best defines Gross Domestic Product (GDP)?

View Question

What is the purpose of the "Minimum Support Price" (MSP) in India?

View Question

What does the “Phillips Curve” show?

View Question

What is meant by “liquidity trap”?

View Question

What is the meaning of “disguised unemployment”?

View Question

What is the primary role of the Securities and Exchange Board of India (SEBI)?

View Question