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.
What does “Laissez-faire” policy advocate?
View QuestionWhat is the main purpose of monetary policy?
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View QuestionWhich of the following measures can reduce a trade deficit?
View QuestionWhat is the significance of “Purchasing Power Parity” (PPP)?
View QuestionWhat is the primary purpose of Special Economic Zones (SEZs)?
View QuestionWhat is the meaning of “dumping” in international trade?
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View QuestionWhat is the primary function of the International Monetary Fund (IMF)?
View QuestionWhat does “inclusive banking” mean?
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