Topic Details (Notes format)

Tourism and Hospitality Industry

Subject: Economics

Book: Comprehensive Indian Economy

Tourism generates foreign exchange, creates employment, and promotes cultural exchange. Initiatives like PRASAD (pilgrimage rejuvenation) or Swadesh Darshan enhance infrastructure around key heritage sites. Medical tourism is a fast-growing niche, leveraging cost-competitive health services. Despite potential, the industry faces bottlenecks in connectivity, hygiene, and skill deficits among service staff. Students should highlight synergy with allied sectors—transport, handicrafts, local SMEs—and how digital marketing or e-visa policies boost inbound travel. In exam answers, connect tourism growth to local community benefits, balanced with preserving cultural heritage and ecological concerns.

Practice Questions

Which of the following is NOT an example of a direct tax?

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

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What is meant by “stagflation”?

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What is meant by “structural unemployment”?

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

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What does “balance of trade” refer to?

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

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What is “inclusive growth”?

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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 considered a public good?

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