(i) Study the following chart carefully and analyze the changing trends in the government expenditure on: Urban Development Rural Development
Urban Development: The expenditure on Urban Development increased from Rs.0.47 lakh crore in 2021-22 to Rs.0.76 lakh crore in 2023-24 (Budget Estimate). This reflects the government's focus on urban infrastructure, smart cities, and housing schemes.
Rural Development: The expenditure on Rural Development rose from Rs.2.29 lakh crore in 2021-22 to Rs.2.48 lakh crore in 2023-24 (Budget Estimate). This indicates a consistent emphasis on rural employment, agricultural support, and poverty alleviation.
China was able to control its rapid population growth rate owing to _______ .
(Choose the correct alternative to fill in the blank):
“An increase in the credit creation capacity of commercial banks has a direct impact on the money supply in an economy.”
Discuss the given statement.
Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth.
Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.
Outline and discuss the classification of industries into various categories as per Industrial Policy Resolution, 1956.
The Government of India, in the initial years of economic development, emphasized on a greater role of the public sector in the industrial development.
Justify the statement, giving reasons in support of your answer.
Define disguised unemployment. State its implications on output and employment in a country.