Subject: Economics
Book: Comprehensive Indian Economy
Promoting employment is vital for inclusive growth. Skill India, Pradhan Mantri Kaushal Vikas Yojana (PMKVY), and apprenticeship programs aim to enhance workforce competencies. Startups, MSMEs, and labor-intensive manufacturing (textiles, food processing) can absorb large labor pools if policies address ease of doing business and infrastructure gaps. Migration to cities underscores the need for robust skill mapping and vocational training. Emphasis on “new economy” skill sets (AI, coding, data analytics) is rising. Exam answers often connect skill initiatives to bridging the mismatch between formal education outputs and industry demands, ensuring demographic dividend utilization.
Which economic concept is described as “the next best alternative foregone”?
View QuestionWhat is the concept of “invisible hand” associated with?
View QuestionWhat is “fiscal stimulus”?
View QuestionWhich is the largest source of tax revenue for the Government of India?
View QuestionWhich of the following statements best defines Gross Domestic Product (GDP)?
View QuestionWhich of the following causes demand-pull inflation?
View QuestionWhat is the objective of the Goods and Services Tax (GST)?
View QuestionWhat is the main feature of a free-market economy?
View QuestionWhich of the following measures is most effective in controlling inflation?
View QuestionWhat is the main function of the Reserve Bank of India (RBI)?
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