Economy

DMPQ: What is unemployment? Explain the types of unemployment.

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Unemployment is a phenomenon that occurs when a person who is capable of working and is actively searching for the work is unable to find work. Different types of unemployment are as follows: Frictional Unemployment:The minimum amount of unemployment that prevails in an economy due to workers quitting their previous jobs and are searching for … Read more DMPQ: What is unemployment? Explain the types of unemployment.

DMPQ:What is contract farming? Why there is a need of contract farming?

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Contract farming is agricultural production carried out according to an agreement between farmers and a buyer, which places conditions on the production and marketing of the commodity. Contract farming (CF) is defined as forward agreements specifying the obligations of farmers and buyers as partners in business. Legally, farming contracts entail the sellers’ (farmers’) obligation to … Read more DMPQ:What is contract farming? Why there is a need of contract farming?

DMPQ: Do you think PM KISAN scheme is going to alleviate the widespread rural distress in the country. (ECONOMY)

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Brief Intro- of Scheme Points against: The Programme is targeted cash transfer and hence high chances of exclusion errors. The landless tenant are out of the beneficiary list. Will lead to fragmentation of the land. Beneficiary will fragment the land to avail the benefit of the scheme. In long run it is not good for … Read more DMPQ: Do you think PM KISAN scheme is going to alleviate the widespread rural distress in the country. (ECONOMY)

DMPQ: . PM KISAN (Schemes)

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:  To provide an assured income support to the small and marginal farmers, Government is launching a historic programme namely “Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)”. Under this programme, vulnerable landholding farmer families, having cultivable land upto 2 hectares, will be provided direct income support at the rate of Rs 6,000 per year. This income … Read more DMPQ: . PM KISAN (Schemes)

DMPQ: . What is Angel Tax? What are the concerns attached with the Angel Tax?

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Ans: Angel tax is a term used to refer to the income tax payable on capital raised by unlisted companies via issue of shares where the share price is seen in excess of the fair market value of the shares sold. The excess realisation is treated as income and taxed accordingly. The tax was introduced … Read more DMPQ: . What is Angel Tax? What are the concerns attached with the Angel Tax?

DMPQ: What is Minimum Support Price? How will MSP rescue the farmers from low income trap?

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Minimum support price is the government scheme to safeguard the interest of the farmers. GOI declares the MSP of various agricultural produce and assures the farmers that their agriculture produce will be purchased at the MSP. The Food Corporation of India acts as the Nodal agency of the GoI. MSP scheme is implemented through state … Read more DMPQ: What is Minimum Support Price? How will MSP rescue the farmers from low income trap?

DMPQ: What are the major advantages of the Real estate regulation act 2016? ( ECONOMICS)

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Major advantages:   It will help to regulate the highly unregulated real estate sector. Will help to deal with the undue delay in project implementation. Will help to streamline the data of the project across the country and hence will bring homogeneity and rule bas e pricing in the sector. It will enhance the transparency … Read more DMPQ: What are the major advantages of the Real estate regulation act 2016? ( ECONOMICS)

DMPQ: What are the key provisions of the Real estate regulation act? (ECONOMY)

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    Establishment of state level regulatory authorities- Real Estate Regulatory Authority (RERA)- the Act provides for State governments to establish more than one regulatory authority Functions: Register and maintain a database of real estate projects; publish it on its website for public viewing, Protection of interest of promoters, buyers and real estate agents development … Read more DMPQ: What are the key provisions of the Real estate regulation act? (ECONOMY)