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

Which of the following is NOT a function of the World Trade Organization (WTO)?

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What does “Laissez-faire” policy advocate?

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

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What is the meaning of “disguised unemployment”?

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Which of the following measures can reduce a trade deficit?

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What is the primary goal of a progressive tax system?

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What does “balance of trade” refer to?

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What is the main function of the Reserve Bank of India (RBI)?

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What is the main purpose of monetary policy?

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What is “fiscal stimulus”?

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