Topic Details (Notes format)

Poverty Alleviation Measures

Subject: Economics

Book: Comprehensive Indian Economy

Poverty in India is multidimensional, influenced by low incomes, poor health, and limited education. Government initiatives include subsidized food via PDS, direct benefit transfers, and livelihood programs like MGNREGA. Over time, definitions and estimations have evolved, reflecting committees like the Tendulkar and Rangarajan panels. In exam contexts, clarity on rural vs. urban poverty lines, the effectiveness of social safety nets, and microfinance’s role in empowerment is key. Also examine how skill development, inclusive growth, and financial inclusion policies complement these measures to break the cycle of intergenerational poverty.

Practice Questions

What is meant by “marginal propensity to consume”?

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What does “Laissez-faire” policy advocate?

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Which of the following measures is most effective in controlling inflation?

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What is the meaning of “disguised unemployment”?

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Which of the following is an example of a non-renewable resource?

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What is “currency devaluation”?

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What is the objective of the Pradhan Mantri Jan Dhan Yojana?

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What is the term for goods that are used together, such as cars and fuel?

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What is the meaning of “dumping” in international trade?

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What is the primary goal of a progressive tax system?

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