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 is the term for goods that are used together, such as cars and fuel?
View QuestionWhat is the term for the price at which demand and supply in a market are equal?
View QuestionWhat is the meaning of "fiscal deficit"?
View QuestionWhat does the term "depreciation" refer to in the context of assets?
View QuestionWhat is “currency devaluation”?
View QuestionWhich of the following is a characteristic of “perfect competition”?
View QuestionWhat is the main objective of disinvestment in public sector undertakings (PSUs)?
View QuestionWhich of the following is considered a public good?
View QuestionWhat does the Gini Coefficient measure?
View QuestionWhat does “primary sector” of the economy include?
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