Topic Details (Notes format)

Skill Development Missions

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

Skill missions (PMKVY, DDU-GKY) address workforce readiness by providing vocational training, especially to rural youth. Aligning skill curricula with industry demands is crucial to curb mismatched job aspirations. Successful outcomes hinge on robust monitoring, certified trainers, and dynamic course content for emerging fields like AI or robotics. Exams typically ask about bridging formal education with skill programs, financing (National Skill Development Corporation), and the extent to which these efforts yield employable graduates.

Practice Questions

Which of the following is a direct tax?

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What does “primary sector” of the economy include?

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What does the term “capital account” refer to in the balance of payments?

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

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Which of the following is NOT an example of an indirect tax?

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What is the primary function of the International Monetary Fund (IMF)?

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Which is the largest source of tax revenue for the Government of India?

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

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What is the main objective of disinvestment in public sector undertakings (PSUs)?

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

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