Subject: Economics
Book: Comprehensive Indian Economy
Technological disruptions reshape agriculture (precision farming), manufacturing (automation, Industry 4.0), and services (telemedicine, e-education). While productivity gains are notable, concerns over job displacement exist. Digital payments revolutionize retail and informal sectors, improving transparency. Government e-marketplace (GeM) streamlines procurement. Understanding data privacy, cybersecurity, and bridging the digital gap is vital for balanced development. For exams, focus on case studies—like using drones for crop health monitoring or AI in supply chain optimization—illustrating real economic benefits. Recognize potential pitfalls, such as skill obsolescence and privacy challenges, demanding robust policy frameworks.
Which of the following is a feature of monopolistic competition?
View QuestionWhich organization is responsible for estimating India’s Gross Domestic Product (GDP)?
View QuestionWhat is the concept of “invisible hand” associated with?
View QuestionWhat is meant by “monetary policy”?
View QuestionWhat is meant by “credit rating”?
View QuestionWhat does the “Human Development Index” measure?
View QuestionWhich term refers to the decrease in the value of a currency relative to foreign currencies?
View QuestionWhat is the primary goal of a progressive tax system?
View QuestionWhat is the main feature of a free-market economy?
View QuestionWhat is the meaning of “dumping” in international trade?
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