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Economic Survey- 4 Video Lecture | Crash Course for UPSC Aspirants

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FAQs on Economic Survey- 4 Video Lecture - Crash Course for UPSC Aspirants

1. What is the Economic Survey?
Ans. The Economic Survey is a comprehensive report presented by the government of India before the Union Budget. It provides an analysis of the country's economic performance in the previous year and outlines the key challenges and opportunities for the future.
2. What is the purpose of the Economic Survey?
Ans. The Economic Survey aims to assess the state of the Indian economy, identify policy measures for sustainable economic growth, and highlight areas that require attention from policymakers. It also serves as a valuable resource for researchers, economists, and analysts.
3. How is the Economic Survey prepared?
Ans. The Economic Survey is prepared by the Department of Economic Affairs under the Ministry of Finance. It is authored by the Chief Economic Advisor of India, who is responsible for analyzing the economic trends, conducting research, and formulating policy recommendations.
4. What are the key highlights of the Economic Survey?
Ans. The key highlights of the Economic Survey may vary each year, depending on the prevailing economic conditions. However, it typically includes an assessment of GDP growth, inflation, fiscal deficit, employment, agriculture, industry, and social sector indicators. It also provides insights into the government's policy initiatives and reforms.
5. How can the Economic Survey benefit the common citizen?
Ans. The Economic Survey serves as a valuable source of information for the common citizen, as it provides an overview of the country's economic performance, challenges, and policy priorities. It helps individuals understand the government's approach to economic development and can assist in making informed decisions regarding investments, savings, and personal finance.
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