Please select a subject first
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‘Under the Ayushmaan Bharat Scheme, the Government provides free medicines to the economically backward section of the society’.
Identify and discuss the nature of the government expenditure indicated in the given statement.
Concept: Classification of Expenditure
Study the following picture and answer the given question:
Women in rural households take up bee-keeping as an entrepreneurial activity. Such kind of activities may be envisaged under ______ as diversification activity.
Concept: Diversification into Productive Activities
On the basis of the given information, calculate the value of:
- Fiscal deficit
- Primary deficit
| S.No. | Items | 2021-22 (₹ in crore) |
| (i) | Revenue Receipts | 20 |
| (ii) | Capital Expenditure | 15 |
| (iii) | Revenue Deficit | 10 |
| (iv) | Non-debt creating capital receipts | 50% of revenue receipts |
| (v) | Interest Payments | 4 |
Concept: Measures of Government Deficit
State any two features of public goods.
Concept: Objectives of Government Budget
Micro credit programmes play a vital role in ensuring an overall development of the rural economy as they ______.
- provide financial support
- lead to women empowerment
- enhance the reach of formal credit system
Concept: Credit and Marketing in Rural Areas
State and elaborate whether the following statement is true or false, with valid arguments:
Agricultural marketing is a process that ensures the transportation of various agricultural commodities only.
Concept: Agricultural Market System
State and elaborate whether the following statement is true or false, with valid arguments:
Jan-Dhan Yojana has been a crucial step for financial resource mobilization in the Indian economy.
Concept: Credit and Marketing in Rural Areas
Explain the importance of credit availability to farmers in rural development.
Concept: Credit and Marketing in Rural Areas
Compare and analyze the ‘Women Worker Population Ratio’ in Rural and Urban areas based on following information:
| Worker-Population Ratio in India, 2017-2018 |
|||
| Sex | Worker-Population Ratio | ||
| Total | Rural | Urban | |
| Men | 52.1 | 51.7 | 53.0 |
| Women | 16.5 | 17.5 | 14.2 |
| Total | 34.7 | 35.0 | 33.9 |
Concept: Workers and Employment
Read the following statements carefully:
Statement 1: Export of financial services by India will be recorded on credit side of current account.
Statement 2: Foreign Direct Investments in India will be recorded on credit side of capital account.
In the light of the given statements, choose the correct alternative:
Concept: Concept of Balance of Payments >> Current Account
Assertion (A): Unemployment and poverty are inseparable twins.
Reason(R): Unemployment is the root cause of all socio-economic evils
Concept: Concept of Unemployment
Defend or refute the following statement with a valid explanation:
‘Disguised unemployment is a common form of unemployment in rural India’
Concept: Concept of Unemployment
‘Casual wage work is the major source of employment in rural India’. Defend or refute the given statement with a valid reason.
Concept: Self-employed and Hired Workers
Compare and analyse the sector-wise trends in employment, based on following information:
Trends in Employment (Sector-wise)
| Sector | 1999-2000 | 2011-12 |
| Primary sector | 60.4 | 48.9 |
| Secondary sector | 15.8 | 24.3 |
| Tertiary sector | 23.8 | 26.8 |
| Total | 100 | 100 |
Concept: Growth and Changing Structure of Employment
'Ram is able to get work only for two hours in a day. Rest of the day, he is looking for work.' Is he unemployed? What kind of job could person like Ram be doing?
Concept: Concept of Unemployment
As per the Reserve Bank of India (RBI) press report, dated 29th December, 2022:
"Net external commercial borrowings to India recorded an outflow of US$ 0.4 billion in the second quarter (2022-23)"
The above transaction will be recorded in the _______ account on ______ side of Balance of payments account of India.
Concept: Concept of Balance of Payments >> Capital Account
Read the following chart carefully and choose the correct alternative:
Concept: Concept of Balance of Payments >> Capital Account
‘Current account deficit in an economy must be financed by a corresponding capital account surplus’.
Do you agree with the given statement? Give valid reason(s) in support of your answer.
Concept: Concept of Balance of Payments >> Balance of Payments Surplus and Deficit
Read the following statements carefully:
Statement 1: The nature of unemployment problem in India is uni-faceted.
Statement 2: Worker-Population ratio is an indicator used for analysing the employment situation in a country.
In light of the given statements, choose the correct alternative from the following:
Concept: Participation of People in Employment
Identify the correct reason(s) that may affect the demand for foreign exchange in an economy.
- Imports of visibles
- Exports of invisibles
- Remittances by residents working abroad
- Purchase of assets abroad
Concept: Foreign Exchange Rate
