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

Which of the following is a direct tax?

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Which organization is responsible for estimating India’s Gross Domestic Product (GDP)?

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What does the “Phillips Curve” show?

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What is “open market operations” (OMO)?

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

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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 meaning of “supply-side economics”?

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

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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 a characteristic of “perfect competition”?

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