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Ask QuestionPosted by Krishnam Mittal 1 year, 11 months ago
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Posted by Smita Karmakar 1 year, 11 months ago
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Preeti Dabral 1 year, 11 months ago
In the case of contemporary employment, the current prevailing situation in India is that there is lack of employment.
The issue of unemployment has existed in India for a long time now.
There have been increasing issues for the youth who graduate from good universities but go out into the market which is making people redundant.
There would be issues for reservation in such cases.
Reservation is the case, where the Indian government chooses a certain gender. Example, giving jobs to men over women due to personal gains. This affects the growth system in an economy
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Royal Thakur 2 years, 5 months ago
Posted by Shifa Sheikh 1 year, 11 months ago
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Preeti Dabral 1 year, 11 months ago
Equal distribution means that every individual in the society gets the name share in the country's is national income. Equitable distribution, on the other hand, refers to a situation where differences in income are allowed but only within certain limits.
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Khushi Vajpayee 2 years, 1 month ago
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Posted by Roshan .R 1 year, 11 months ago
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Preeti Dabral 1 year, 11 months ago
Following are the advantages of demonetisation:
- Curbing black money - Demonetisation has helped the government in tracking black money kept hidden by tax evaders. Demonetisation has helped in uncovering a huge amount of unaccounted cash. People had deposited more than 3 lakh crores worth of black money in bank accounts.
- Increase in tax revenue - As a result of demonetisation, people deposited their money in their bank accounts. The number of tax payers has considerably increased. As a result, the government got a good amount of tax revenue which could be used by the government towards the betterment of society.
- Cashless economy - Demonetisation pushed the Indian economy towards becoming cashless. The government succeeded in encouraging people to use digital means for making transactions. According to an estimate, the economy has witnessed a 20% decline in currency in circulation.
Posted by Archita Agrawal 2 years, 5 months ago
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Posted by Preeti Yadav 1 year, 11 months ago
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Preeti Dabral 1 year, 11 months ago
Land reforms are needed for the following objectives:
- To increase agricultural productivity- Land reforms are needed to increase agricultural productivity by creating conditions for evolving high levels of efficiency and productivity. Land reforms include consolidation of holdings and cooperative farming to increase the size of the operational unit and to benefit from economies of scale.
- To eliminate exploitation and to promote social justice- Land reforms seek to improve the socio-economic conditions of farmers by eliminating exploitation in land relations due to intermediaries and reconstructing agrarian relations to achieve social justice. Its main objective is to establish an egalitarian society by eliminating inequality.
After independence, the Indian government undertook various measures including land reforms to improve the condition of agriculture. The impact of land reforms has been the abolition of the zamindari system and providing security of ownership rights to tenants. But land reforms could make only limited success because of a lack of political will and poor implementation.
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Posted by Vishakha Das 1 year, 11 months ago
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Preeti Dabral 1 year, 11 months ago
The industrial development pattern on the eve of Independence was characterised by the following elements:
- The industrial growth was lopsided, in the sense that consumer goods industry was not adequately supported by the capital goods industry.
- No priority was given for the development of basic and heavy industries. Tata Iron and Steel Corporation (TISCO) established in 1907, was the only basic industry in India.
- The public sector enterprises such as railways, power, post and telegraph were confined to areas which would enlarge the size of market for British products in India.
- The pattern of development in the industrial sector was lopsided and was dominated by the presence of small industries (31%) and large industries (43%), but very few medium industries.
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Posted by Harshit Kumar 1 year, 11 months ago
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Preeti Dabral 1 year, 11 months ago
Zamindari System was introduced by Cornwallis in 1793 through the Permanent Settlement Act. It was introduced in the provinces of Bengal, Bihar, Orissa and Varanasi. Also known as Permanent Settlement System. Zamindars were recognized as the owner of the lands.
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Posted by Pranab Deuri 1 year, 11 months ago
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Preeti Dabral 1 year, 11 months ago
The excess of aggregate demand above the level that is required to maintain full employment level of equilibrium is termed as inflationary gap. The shortfall of aggregate demand below the level that is required to maintain full employment level of equilibrium is termed as a deflationary gap.
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Preeti Dabral 1 year, 11 months ago
The money supply can be increased in an economy by purchasing government securities such as treasury bills and government bonds. The reverse happens when the central bank tightens the money supply, by selling securities on the open market, drawing liquid funds out of the banking system.
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