Topic Details (Notes format)

Inclusive Growth and Development

Subject: Economics

Book: Comprehensive Indian Economy

Inclusive growth ensures benefits of economic expansion reach all segments—rural poor, women, marginalized communities. It blends macroeconomic stability with micro-level interventions like financial inclusion, SHG movements, and micro-insurance. Government’s role in primary health, education, and housing is critical. For exam readiness, study how expansions in credit, technology, and basic infrastructure can uplift under-served regions. Also highlight how targeted subsidy reforms or direct cash transfers reduce leakage. The ultimate goal is to create an environment where high growth coexists with social justice, bridging rural-urban, caste, and income divides.

Practice Questions

Which of the following factors is NOT included in the calculation of Human Development Index (HDI)?

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What is the main aim of the “Startup India” initiative?

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What is the meaning of “supply-side economics”?

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Which term refers to the decrease in the value of a currency relative to foreign currencies?

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What is the main aim of Public Distribution System (PDS) in India?

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What does the term "depreciation" refer to in the context of assets?

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Which term refers to an economy that has elements of both capitalism and socialism?

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What does the term “elasticity of demand” measure?

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Which of the following sectors contributes the most to India’s GDP?

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Which of the following is an example of a public sector undertaking (PSU) in India?

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