Subject: Economics
Book: Comprehensive Indian Economy
Technological disruptions reshape agriculture (precision farming), manufacturing (automation, Industry 4.0), and services (telemedicine, e-education). While productivity gains are notable, concerns over job displacement exist. Digital payments revolutionize retail and informal sectors, improving transparency. Government e-marketplace (GeM) streamlines procurement. Understanding data privacy, cybersecurity, and bridging the digital gap is vital for balanced development. For exams, focus on case studies—like using drones for crop health monitoring or AI in supply chain optimization—illustrating real economic benefits. Recognize potential pitfalls, such as skill obsolescence and privacy challenges, demanding robust policy frameworks.
What is the objective of the Goods and Services Tax (GST)?
View QuestionWhat is the concept of “invisible hand” associated with?
View QuestionWhich of the following is an example of fiscal policy?
View QuestionWhat does the Gini Coefficient measure?
View QuestionWhich of the following is NOT part of the World Bank Group?
View QuestionWhich of the following is NOT an example of an indirect tax?
View QuestionWhich is the largest source of tax revenue for the Government of India?
View QuestionWhat does the “Human Development Index” measure?
View QuestionWhat is meant by the term “current account deficit”?
View QuestionWhat is the term for the ability of an economy to produce more output from the same inputs?
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