Subject: Economics
Book: Comprehensive Indian Economy
Rising inequality can undermine social cohesion, limit mass consumer demand, and perpetuate poverty cycles. Factors include uneven distribution of assets, skill disparities, and growth concentrated in high-end services. Tools like the Gini coefficient measure inequality. Strategies to address it involve progressive taxation, social sector spending, and rural employment programs. Students should note how inequality interacts with caste, gender, and regional divides. Examiners often test knowledge on welfare economics, policy instruments (subsidies, direct transfers), and the trade-offs between rapid growth vs. equitable distribution. A balanced approach fosters stable socio-economic development.
Which of the following is an example of a renewable resource?
View QuestionWhich is the largest source of tax revenue for the Government of India?
View QuestionWhat does the “Human Development Index” measure?
View QuestionWhat is meant by “structural unemployment”?
View QuestionWhich of the following is an example of a capital receipt for the government?
View QuestionWhich of the following is a characteristic of “perfect competition”?
View QuestionWhat is meant by the term “current account deficit”?
View QuestionWhat is meant by “monetary policy”?
View QuestionWhat is the term for the ability of an economy to produce more output from the same inputs?
View QuestionWhat does “primary sector” of the economy include?
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