IGNOU BCOG 172 Indian Economy | Guess Paper | Important Question Answer | Bachelor of Commerce (BCOMG)  (Paperback, BMA Publication)

Introduction to Indian Economy: Overview of the Indian economy: historical perspective, key sectors, and recent economic developments. Economic planning in India: objectives, strategies, and achievements of different Five-Year Plans. Economic Growth and Development: Factors influencing economic growth in India. Measures of economic development: GDP, GNP, HDI, and other indicators. Challenges and prospects of sustainable development in India. Sectoral Analysis: Agriculture sector: contribution to GDP, challenges, and government initiatives. Industrial sector: growth, trends, and policies. Service sector: role, growth, and challenges. Poverty and Unemployment: Measurement and trends of poverty in India. Causes and consequences of poverty. Government policies and programs for poverty alleviation. Types and causes of unemployment in India. Government initiatives to address unemployment issues. Inflation and Monetary Policy: Causes and types of inflation in India. Measures to control inflation: monetary policy tools and objectives. Role of the Reserve Bank of India (RBI) in managing inflation and stabilizing the economy. Fiscal Policy and Public Finance: Objectives and components of fiscal policy in India. Budgetary process: preparation, presentation, and approval. Sources of government revenue and expenditure. Fiscal deficit and its implications.