Education System in India
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Questions and Answers

What age group is provided with free and compulsory education as a fundamental right in India?

  • Ages 6 to 14 (correct)
  • Ages 14 to 18
  • Ages 18 to 21
  • Ages 3 to 6
  • What is the approximate ratio of public schools to private schools in India?

  • 3:10
  • 3:1
  • 10:1
  • 1:3 (correct)
  • Which level of education primarily covers early childhood education in India?

  • Secondary education
  • Primary education (correct)
  • Higher education
  • Vocational education
  • What factor significantly influences education in India according to the text?

    <p>Religion</p> Signup and view all the answers

    What policy at the national level is mentioned in the text as influencing education in India?

    <p>National Education Policy 2020</p> Signup and view all the answers

    What does aggregate demand (AD) represent in economics?

    <p>The total demand for final goods and services in an economy at a given time</p> Signup and view all the answers

    What makes up the aggregate demand in an economy?

    <p>Consumer spending, investment, corporate and government expenditure, and net exports</p> Signup and view all the answers

    On what axes is the aggregate demand curve plotted?

    <p>Real output on the horizontal axis and price level on the vertical axis</p> Signup and view all the answers

    What does the Pigou effect suggest in relation to the aggregate demand curve?

    <p>A higher price level implies lower real wealth and therefore lower consumption spending</p> Signup and view all the answers

    How is the downward sloping aggregate demand curve derived?

    <p>With the help of three macroeconomic assumptions about the functioning of markets: Pigou's wealth effect, Keynes' interest rate effect, and the Mundell–Fleming exchange-rate effect</p> Signup and view all the answers

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