Topic Details (Notes format)

Micro-Irrigation and Water Management

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

India’s water scarcity challenges require efficient utilization through micro-irrigation—drip, sprinkler systems. Government programs like Pradhan Mantri Krishi Sinchayee Yojana encourage technology adoption, optimizing water usage and boosting yields. Key exam points: bridging hardware costs, training farmers for system maintenance, and synergy with watershed development to recharge groundwater. Also consider how climate volatility intensifies water stress, necessitating integrated solutions from local watershed committees to large-scale river interlinking debates.

Practice Questions

What is the main aim of Public Distribution System (PDS) in India?

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Which of the following is a feature of a command economy?

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What is “open market operations” (OMO)?

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What does “Laissez-faire” policy advocate?

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What is “fiscal stimulus”?

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What is “CRR” in banking terminology?

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Which of the following is NOT a component of Aggregate Demand?

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What is the main purpose of monetary policy?

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What does the “Phillips Curve” show?

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Which economic concept is described as “the next best alternative foregone”?

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