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 “structural unemployment”?

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Which of the following is a characteristic of “perfect competition”?

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

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What is “open market operations” (OMO)?

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What is “currency devaluation”?

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What is meant by “marginal propensity to consume”?

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Which of the following is NOT a function of the World Trade Organization (WTO)?

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Which of the following causes demand-pull inflation?

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Which term refers to an economy that has elements of both capitalism and socialism?

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What is the main aim of the “Startup India” initiative?

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