Topic Details (Notes format)

Fisheries Sector and Blue Revolution

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

Fisheries, including aquaculture, are a growth driver in coastal and inland areas. The Blue Revolution program supports modern fish hatcheries, cold chain logistics, and fisherfolk training. Key exam points: sustainability concerns (overfishing, habitat destruction), financial instruments for fisher welfare, and technology for better yields. Exports to global markets rely on meeting quality and traceability norms, while developing local markets fosters protein intake and nutritional security.

Practice Questions

What is the term for the price at which demand and supply in a market are equal?

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Which of the following sectors contributes the most to India’s GDP?

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What is the objective of the Goods and Services Tax (GST)?

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

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Which of the following factors is NOT included in the calculation of Human Development Index (HDI)?

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What is “inflation targeting”?

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What is “fiscal stimulus”?

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What is “open market operations” (OMO)?

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What does the term “elasticity of demand” measure?

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Which term refers to an economy that has elements of both capitalism and socialism?

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