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Economic Survey 2021-22 Video Lecture - BPSC (Bihar)

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FAQs on Economic Survey 2021-22 Video Lecture - BPSC (Bihar)

1. What is the purpose of the Economic Survey 2021-22?
Ans. The Economic Survey 2021-22 is an annual document prepared by the government of a country to provide an overview of the country's economic performance and policies. It aims to analyze the current economic situation, identify challenges, and suggest policy measures for sustainable and inclusive growth.
2. What are the key highlights of the Economic Survey 2021-22?
Ans. The key highlights of the Economic Survey 2021-22 include an analysis of the impact of the COVID-19 pandemic on the economy, the performance of different sectors such as agriculture, industry, and services, the state of employment and unemployment, fiscal deficit, inflation, and measures to promote ease of doing business.
3. How has the COVID-19 pandemic affected the economy as mentioned in the Economic Survey 2021-22?
Ans. The Economic Survey 2021-22 acknowledges the adverse impact of the COVID-19 pandemic on the economy. It highlights the disruptions in various sectors, such as reduced economic activity, job losses, supply chain disruptions, and decline in investments. The survey also discusses the measures taken by the government to mitigate the impact and revive the economy.
4. What are the policy measures suggested in the Economic Survey 2021-22 to promote sustainable and inclusive growth?
Ans. The Economic Survey 2021-22 suggests several policy measures to promote sustainable and inclusive growth. These include structural reforms to enhance productivity, investment in infrastructure, strengthening the financial sector, promoting digitalization and innovation, improving the ease of doing business, skill development, and focusing on social welfare schemes for marginalized sections of society.
5. How does the Economic Survey 2021-22 address the issue of fiscal deficit and inflation?
Ans. The Economic Survey 2021-22 acknowledges the challenges posed by fiscal deficit and inflation. It emphasizes the need for fiscal prudence and managing the deficit through revenue mobilization, expenditure rationalization, and strategic divestment. The survey also discusses the importance of maintaining a stable inflation rate and suggests measures to control inflation through monetary policy interventions and supply-side reforms.
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