India's Economic Growth and Development Quiz

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भारताच्या अर्थव्यवस्थेतील कोणते उमेदवार आहेत ज्यांची किंमत $3 ट्रिलियन पार पोहोचणार आहे?

भारताची नोमिनल जीडीपी (जीडीपी) FY 2023-24 समाप्तील वित्त वर्षात $3 ट्रिलियन पार करणार आहे.

भारताच्या अर्थव्यवस्थेतील दोन महत्वाचे कारक कोणते आहेत? किती वर्षांपासून ते व्यापक रूपात उभे आहेत?

तेज आणि मंदी; उजवीकरण प्रक्रियेच्या पुढील दशकांपासून ते व्यापक रूपात

नोमिनल जीडीपी वाढवण्याच्या ट्रेंडमध्ये किती प्रतिशतांचा औसतिक वाढ असल्याचे अंदाज द्या.

5-8% प्रतिवर्ष.

भारताच्या अर्थव्यवस्थेत वाढणारे कोणते अर्थव्यवस्थांतील वाढ निर्माण करण्यासाठी उत्साहित केले जाते?

उत्पादकता, निवेश, आणि उपभोग Signup and view all the answers

भारताच्या अर्थव्यवस्थेतील कोणत्या क्षेत्रांतील प्रगतीचा मुक्तक केला आहे?

कृषी, वाढीव, सेवा, ठिकाण, आणि आर्थिक बाजार Signup and view all the answers

उत्कृष्ट सेवा, आर्थिक बाजार, आणि आर्थिक संबंधांमध्ये भारताचा स्थिती मजबूत कसे केले आहे?

लाखों लोकांना गरीबीपासून उठवून, जीवनधोरण वाढवून, रोजगार संधीत उत्पन्न केले आणि भारताची जागतिक पोजीशन मजबूत केली आहे. Signup and view all the answers

कुटुंबपरम्परांचा आर्थिक समरसता कसा असावा? (Economic Empowerment)

प्रधानमंत्री जनधन योजनेचा अंमल करणे Signup and view all the answers

भारतातील जनतेच्या आर्थिक सामर्थ्याला वाढवण्यासाठी कोणत्या योजनांचा अंमल केला जातो?

उज्जवला योजना Signup and view all the answers

भारताच्या अर्थव्यवस्थेच्या स्थिरतेच्या संदर्भात 'डिजिटल इंडिया' योजनेचे काय उद्देश आहे?

'डिजिटल इंडिया' योजनेचा उद्देश्य भारतातील डिजिटल साक्षरता, पोहच आणि कनेक्टिव्हिटीला वाढवणे आहे. Signup and view all the answers

भारताच्या 'आत्मनिर्भर भारत अभियान' म्हणजे काय? (Atmanirbhar Bharat Abhiyan)

'आत्मनिर्भर भारत अभियान' हा स्वतंत्रतेचे अभियान आहे, ज्यात भारताच्या आर्थिक स्वतंत्रतेचा मतलब आहे. Signup and view all the answers

भारतातील अर्थव्यवस्थेतील उच्च आर्थिक असमानता समस्या कशी असते?

उच्च आर्थिक असमानतेला मुख्य कारण आर्थिक विभागवार वित्तीय क्षमतेच्या अंतराची अभाव वागतो. Signup and view all the answers

भारतातील अर्थव्यवस्थेतील अन्य चुनौतियोंमध्ये कोणती आहेत? (Challenges)

अयोग्य प्रतिष्ठांची क्षमता, पर्यावरण संरक्षण, सामाजिक न्याय व सुविधा विकास. Signup and view all the answers

Study Notes

India's Economic Growth and Development

In the realm of economics, two crucial factors have emerged prominently over recent decades in India – speed (tej) and stability (mandi), often collectively referred to as arthvyavethitīl teji vā mandī. These concepts encapsulate India's relentless pursuit of economic growth while maintaining developmental continuity.

The National Economy

India is one of the fastest-growing major economies globally with a Gross Domestic Product (GDP) that has expanded since opening its economy up following liberalization measures in the early '90s. In the fiscal year ending March 2024 (FY 2023–24), it is estimated that Indian nominal GDP will cross $3 trillion USD, with real per capita income expected to increase by approximately 8%. However, challenges such as inflation and the lingering impacts of the COVID pandemic can cloud this picture.

Speed: Economic Growth

Economic growth refers to the expansion of a country's total output driven by increased productivity, investment, and consumption. Since India's reform period began, sustained growth rates averaging around 5-8% p.a. have been achieved, spearheading progress across sectors like agriculture, manufacturing, services, infrastructure, and financial markets. This rapid expansion has raised millions out of poverty, improved living standards, created employment opportunities, and strengthened India's position in global affairs.

Notably, several initiatives launched under Prime Minister Narendra Modi have contributed significantly to boosting India's economic strength, including 'Make in India,' which aims to transform India into a global manufacturing hub; the Goods and Services Tax, which streamlines indirect tax administration; and 'Digital India,' aimed at enhancing digital literacy, accessibility, and connectivity throughout the nation.

Stability: Economic Development

While growth forms the basis for wealth creation and improvement in quality of life, it must also coexist with sustainable development, ensuring equitable distribution, environmental protection, and social justice. For instance, India has enacted policies promoting affordability and economic empowerment, especially among marginalized groups through schemes like the Pradhan Mantri Jan Dhan Yojana (financial inclusion initiative), Ujjwala scheme (providing LPG connections to rural households), Atmanirbhar Bharat Abhiyan (self-reliance movement).

Amidst these efforts, India remains cautious against excessive market volatility, currency depreciation, rising unemployment levels, and increasing inequality—all potential threats to her stability and sustainability. Achieving this balance between growth and development constitutes the core strategy underlying India's vision for arth vyavastha (economy).

Challenges and Uncertainty

Despite impressive strides made towards economic growth and stability, India faces ongoing challenges that warrant continuous vigilance and proactive responses. Key issues facing the nation include high economic disparities, weak institutional capabilities, inadequate infrastructure, limited workforce skills development, and slow judicial processes. To overcome these obstacles, the government continues to focus on innovation, technology integration, skill enhancement, infrastructure modernisation, and policy simplification while fostering public participation in decision making.

As we move forward, India demonstrates resilience in navigating the complex interplay of different aspects inherent to a robust economic system. With the right blend of speed and stability, she stands poised to fulfil her aspirations and realize growth potential.

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Description

Test your knowledge about India's economic growth, stability, and development with this quiz. Explore concepts like GDP, economic reforms, initiatives under Prime Minister Narendra Modi, challenges, and strategies for achieving a balance between growth and development.