Topic Details (Notes format)

Social Sector Schemes and Welfare Programs

Subject: Economics

Book: Comprehensive Indian Economy

India invests in social welfare to uplift marginalized groups and expand human capital. Flagship schemes focus on healthcare (Ayushman Bharat), sanitation (Swachh Bharat), nutrition (POSHAN Abhiyaan), and education (Sarva Shiksha Abhiyan). Direct Benefit Transfers reduce leakages, ensuring targeted subsidies. While these programs can drastically improve living standards, challenges remain in last-mile delivery, funding constraints, and bureaucratic complexities. For exam readiness, recognize the objectives, target beneficiaries, and implementing agencies of major welfare schemes. Also track outcomes measured by indices like HDI and MPI to assess the real impact.

Practice Questions

What is the meaning of "fiscal deficit"?

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What is the main purpose of monetary policy?

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Which of the following is a feature of a command economy?

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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 primary purpose of Special Economic Zones (SEZs)?

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

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What is the term for the ability of an economy to produce more output from the same inputs?

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

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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 a “repo rate”?

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