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.
What is a “repo rate”?
View QuestionWhat is the term for goods that are used together, such as cars and fuel?
View QuestionWhat is “currency devaluation”?
View QuestionWhich of the following measures is most effective in controlling inflation?
View QuestionWhat does “primary sector” of the economy include?
View QuestionWhat does “balance of trade” refer to?
View QuestionWhich term refers to the decrease in the value of a currency relative to foreign currencies?
View QuestionWhich of the following measures can reduce a trade deficit?
View QuestionWhich of the following sectors contributes the most to India’s GDP?
View QuestionWhat is the main objective of disinvestment in public sector undertakings (PSUs)?
View Question