Current Affairs

GK MCQs Section

Page-52 of GS-III: Economy & Economic Development

What do you understand by Agriculture Value Chain? How it is different from supply chain for other products? Explain highlighting the importance of an Agricultural Value System Platform.

Value chain refers  to  the  set  of core  activities  and  support functions, internal to  a business entity, to  create and deliver  its goods or services. Value chain optimisation...

May 10, 2023

Examine the relationship between the size of the land holding and the productivity.

Almost 50% of Indian population is dependent on the agriculture for their livelihood. Hence productivity of the agriculture is a vital factor for the Indian economy. The productivity...

May 10, 2023

Blockchain technology can aid in increasing farm income. Discuss.

The blockchain is a distributed ledger technology that allows all members to record transactions in a decentralised data log maintained on a network of computers, rather than a...

May 9, 2023

In recent years, natural rubber production in India is facing sharp decline. Critically discuss the problems and government efforts made in this direction so far.

According to Rubber board production of natural rubber slumped by 14 %in the first quarter of current fiscal.In June it fell by 21%,when compared to a year before.Following...

May 9, 2023

The nature of economic growth in India in recent times is often described as jobless growth. Do you agree with this view? Give arguments in favor of your answer. [UPSC, 2015]

Yes, India’s economic growth has been jobless growth in recent times mainly due to the negative / almost zero employment elasticity. Most economic sectors in India have employment...

May 8, 2023

What do you understand by Fiscal Consolidation? Elucidate the bottlenecks and steps taken by the government in recent years to achieve the same.

Fiscal consolidation implies reduction in debt accumulation and fiscal deficit. Governments undertake different policies to achieve fiscal consolidation. Improved revenue collection and prospective growth boosting expenditure are the...

May 8, 2023

What are the key features and significance of the Draft Wages Code Bill 2017?

With an attempt to mark the initiation of labour reforms the government is pushing for the wage code bill. Features of the bill: The Code would replace four...

May 8, 2023

What are the major current trends in fragmentation of land holdings in Indian agriculture?

Inability of the Indian economy to shift the excess labour force towards the tertiary sector and lack of capital intensive industries has resulted in overdependence on agriculture for...

May 8, 2023

How bigdata can be next big thing for agriculture?

Big data refers to extremely large data sets that may be analysed computationally to reveal patterns, trends, and associations. Bigdata can revolutionize agriculture by helping farmers to speed...

May 7, 2023

Discuss the various steps taken by Indian government to integrate ICT with agriculture.

ICT has made India a knowledge economy. ICT has immense potential to rejuvenate Indian agriculture which is facing challenge of stagnation. Various initiatives undertaken to integrate ICT with...

May 4, 2023

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