Subject: Economics
Book: Comprehensive Indian Economy - Additional Topics
An estimated 80-90% of India’s workforce remains in the informal sector, lacking social security and stable wages. Measures like GST compliance, Jan Dhan accounts, and labour code reforms aim to reduce informality. However, low financial literacy, bureaucratic complexities, and tax aversion impede the transition. Exam queries might explore how digital payment footprints or skill upgrades can formalize small enterprises, while balancing the need for simplified regulations to sustain micro-entrepreneurs.
Which organization is responsible for estimating India’s Gross Domestic Product (GDP)?
View QuestionWhat is the meaning of “supply-side economics”?
View QuestionWhat is “quantitative easing”?
View QuestionWhat is the meaning of "fiscal deficit"?
View QuestionWhat does the term “elasticity of demand” measure?
View QuestionWhat is the term for the ability of an economy to produce more output from the same inputs?
View QuestionWhat is the Phillips Curve?
View QuestionWhat is the primary goal of a progressive tax system?
View QuestionWhat does the term “capital account” refer to in the balance of payments?
View QuestionWhich of the following is a feature of monopolistic competition?
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