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 significance of “Purchasing Power Parity” (PPP)?
View QuestionWhat is the term for goods that are used together, such as cars and fuel?
View QuestionWhich of the following sectors contributes the most to India’s GDP?
View QuestionWhat is the primary purpose of Special Economic Zones (SEZs)?
View QuestionWhat does “inclusive banking” mean?
View QuestionWhat is the main aim of Public Distribution System (PDS) in India?
View QuestionWhat is meant by “marginal propensity to consume”?
View QuestionWhich of the following best describes “capital formation”?
View QuestionWhat is the objective of the Pradhan Mantri Jan Dhan Yojana?
View QuestionWhat is the meaning of “supply-side economics”?
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