Topic Details (Notes format)

Poverty Alleviation Measures

Subject: Economics

Book: Comprehensive Indian Economy

Poverty in India is multidimensional, influenced by low incomes, poor health, and limited education. Government initiatives include subsidized food via PDS, direct benefit transfers, and livelihood programs like MGNREGA. Over time, definitions and estimations have evolved, reflecting committees like the Tendulkar and Rangarajan panels. In exam contexts, clarity on rural vs. urban poverty lines, the effectiveness of social safety nets, and microfinance’s role in empowerment is key. Also examine how skill development, inclusive growth, and financial inclusion policies complement these measures to break the cycle of intergenerational poverty.

Practice Questions

What does the “Human Development Index” measure?

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What is the significance of “Purchasing Power Parity” (PPP)?

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What is the meaning of “disguised unemployment”?

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What is meant by “crowding out” in economics?

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What is the purpose of the "Minimum Support Price" (MSP) in India?

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Which is the largest source of tax revenue for the Government of India?

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What is meant by “stagflation”?

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What is the main objective of disinvestment in public sector undertakings (PSUs)?

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What does the term “national income” refer to?

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

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