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 an example of fiscal policy?
View QuestionWhat is the main feature of a free-market economy?
View QuestionWhich of the following measures can reduce a trade deficit?
View QuestionWhat does the term "depreciation" refer to in the context of assets?
View QuestionWhich economic concept is described as “the next best alternative foregone”?
View QuestionWhich of the following is a feature of a command economy?
View QuestionWhat is “inflation targeting”?
View QuestionWhat does the Gini Coefficient measure?
View QuestionWhat is the term for the ability of an economy to produce more output from the same inputs?
View QuestionWhat is the purpose of the "Minimum Support Price" (MSP) in India?
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