Subject: Economics
Book: Comprehensive Indian Economy - Additional Topics
An estimated 80-90% of India’s workforce remains in the informal sector, lacking social security and stable wages. Measures like GST compliance, Jan Dhan accounts, and labour code reforms aim to reduce informality. However, low financial literacy, bureaucratic complexities, and tax aversion impede the transition. Exam queries might explore how digital payment footprints or skill upgrades can formalize small enterprises, while balancing the need for simplified regulations to sustain micro-entrepreneurs.
Which of the following sectors contributes the most to India’s GDP?
View QuestionWhat is the main feature of a free-market economy?
View QuestionWhich of the following is an example of a non-renewable resource?
View QuestionWhat does the “Human Development Index” measure?
View QuestionWhich of the following causes demand-pull inflation?
View QuestionWhat does “Laissez-faire” policy advocate?
View QuestionWhat does “primary sector” of the economy include?
View QuestionWhat is the primary purpose of Special Economic Zones (SEZs)?
View QuestionWhat is meant by “structural unemployment”?
View QuestionWhat is the concept of “invisible hand” associated with?
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