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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
“Since independence, the government has been playing an important role in generating employment directly or indirectly.” Discuss.
Concept: Government and Employment Generation
