Subject: Economics
Book: Comprehensive Indian Economy - Additional Topics
The Minimum Support Price ensures a floor for farmers’ produce, primarily for wheat and paddy, managed by FCI. Criticisms include overproduction of water-intensive crops and distortions in crop diversification. Reforms suggest direct benefit transfers, rationalizing MSP coverage, or linking MSP to market-based eNAM mechanisms. For exam angles, examine how procurement affects government stockpiles, fiscal outlays (food subsidy), and concerns about rational water usage or nutritional security across states.
What is “open market operations” (OMO)?
View QuestionWhich of the following sectors contributes the most to India’s GDP?
View QuestionWhich of the following is considered a public good?
View QuestionWhat is the term for the ability of an economy to produce more output from the same inputs?
View QuestionWhat is meant by “crowding out” in economics?
View QuestionWhich is the largest source of tax revenue for the Government of India?
View QuestionWhat is the Phillips Curve?
View QuestionWhat is the concept of “invisible hand” associated with?
View QuestionWhich of the following is a feature of monopolistic competition?
View QuestionWhat does the “Human Development Index” measure?
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