Subject: Economics
Book: Comprehensive Indian Economy
Agriculture employs a significant portion of India’s workforce, though its GDP share has declined post-reforms. Key areas include crop diversification, irrigation, allied activities (dairy, fisheries), and government interventions like Minimum Support Price (MSP). Challenges persist: small landholdings, volatile monsoons, and inadequate market linkages. Green Revolution successes and subsequent missions—White Revolution, Blue Revolution—offer insights into sectoral transformations. For exams, note critical aspects like the Pradhan Mantri Fasal Bima Yojana (crop insurance), e-NAM (digital trading platforms), and the push for sustainable practices under climate stress. Reforms in agri-marketing and contract farming also feature in contemporary debates.
What is the objective of the Goods and Services Tax (GST)?
View QuestionWhat is meant by the term “current account deficit”?
View QuestionWhat is the term for goods that are used together, such as cars and fuel?
View QuestionWhich is the largest source of tax revenue for the Government of India?
View QuestionWhat is the significance of “Purchasing Power Parity” (PPP)?
View QuestionWhat is the term for the price at which demand and supply in a market are equal?
View QuestionWhat is the meaning of “disguised unemployment”?
View QuestionWhat is the primary function of the International Monetary Fund (IMF)?
View QuestionWhich of the following is NOT an example of a direct tax?
View QuestionWhat is “fiscal stimulus”?
View Question