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

Which of the following factors is NOT included in the calculation of Human Development Index (HDI)?

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What is “inflation targeting”?

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What does “inclusive banking” mean?

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What is the Phillips Curve?

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What is meant by “stagflation”?

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What is “CRR” in banking terminology?

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What is the main aim of Public Distribution System (PDS) in India?

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What is “open market operations” (OMO)?

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Which term refers to the decrease in the value of a currency relative to foreign currencies?

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

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