Subject: Economics
Book: Comprehensive Indian Economy
This topic examines how India’s economy evolved through diverse historical phases—from ancient trade networks and medieval guild systems to colonial exploitation and the mixed-economy model after independence. It highlights the shift from a largely agrarian base to one that is gradually industrializing and modernizing. Understanding these transitions is vital for grasping structural challenges like the informal sector’s dominance, persistent income inequalities, and the quest for balanced regional development. For exam preparation, focus on major policy turning points—like land reforms, industrialization strategies, and how global factors influenced domestic growth trajectories.
Which of the following is NOT an example of a direct tax?
View QuestionWhat does the term "depreciation" refer to in the context of assets?
View QuestionWhat is the primary goal of a progressive tax system?
View QuestionWhat is the meaning of “supply-side economics”?
View QuestionWhich of the following is NOT a component of Aggregate Demand?
View QuestionWhat is the main function of the Reserve Bank of India (RBI)?
View QuestionWhich term refers to the decrease in the value of a currency relative to foreign currencies?
View QuestionWhich of the following is an example of a capital receipt for the government?
View QuestionWhat is the main purpose of monetary policy?
View QuestionWhat does the Gini Coefficient measure?
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