General Awareness ยท Economics
Contemporary Policy Challenges
2,530 Questions
Contemporary policy challenges questions cover economic planning issues, financial inclusion barriers, technology transfer, and inter state trade cooperation. These topics are frequently tested in UPSC civil services and state PSC mains or prelims. Practice these to understand modern governance and administrative hurdles.
Financial inclusion barriersTechnology transfer challengesUrbanization economic impactTrade regulation issues
Contemporary Policy Challenges Questions
What are some of the challenges that international student mobility faces in the future?
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Increased competition for places at universities
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Rising tuition fees
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More restrictive visa policies
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All of the above
D
Correct answer
Explanation
International student mobility faces a number of challenges in the future, including increased competition for places at universities, rising tuition fees, and more restrictive visa policies.
Which factor is NOT a major challenge associated with labor mobility?
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Language Barriers
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Cultural Differences
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Lack of Recognition of Foreign Credentials
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Increased Economic Growth
D
Correct answer
Explanation
Increased Economic Growth is not a challenge associated with labor mobility. In fact, labor mobility often leads to increased economic growth.
What are some of the challenges that government corporations face?
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They can be subject to political interference.
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They can be less accountable than government agencies.
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They can be more expensive to operate.
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All of the above
D
Correct answer
Explanation
Government corporations can face political interference, accountability issues, and higher operating costs.
What are some of the criticisms of government corporations?
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They can be inefficient.
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They can be unaccountable.
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They can be a drain on the public purse.
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All of the above
D
Correct answer
Explanation
Government corporations can be criticized for being inefficient, unaccountable, and a drain on the public purse.
What are some of the challenges that government corporations face in improving their efficiency?
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Political interference.
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Lack of accountability.
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Resistance to change.
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All of the above
D
Correct answer
Explanation
Government corporations face a number of challenges in improving their efficiency, including political interference, lack of accountability, and resistance to change.
What are some of the challenges that government corporations face in promoting economic development?
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Political interference.
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Lack of accountability.
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Inefficiency.
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All of the above
D
Correct answer
Explanation
Government corporations face a number of challenges in promoting economic development, including political interference, lack of accountability, and inefficiency.
What are some of the challenges facing social democracy in the 21st century?
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Globalization and the rise of neoliberalism.
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Technological change and automation.
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Aging populations and rising healthcare costs.
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All of the above.
D
Correct answer
Explanation
Social democracy faces a number of challenges in the 21st century, including globalization and the rise of neoliberalism, technological change and automation, and aging populations and rising healthcare costs.
Which of the following is NOT a potential challenge associated with genetic mining?
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Overexploitation of genetic resources
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Loss of traditional knowledge
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Unequal benefit sharing
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Increased genetic diversity
D
Correct answer
Explanation
Genetic mining can lead to the loss of genetic diversity if not conducted sustainably, but it does not directly increase genetic diversity.
What are the challenges facing journalism today?
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The rise of fake news
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The decline of print journalism
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The increasing concentration of media ownership
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All of the above
D
Correct answer
Explanation
Journalism today faces a number of challenges, including the rise of fake news, the decline of print journalism, and the increasing concentration of media ownership. These challenges have made it more difficult for journalists to do their jobs and have led to a decline in public trust in the media.
What are some of the challenges facing theocracies in the 21st century?
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The rise of secularism
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The growth of religious pluralism
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The spread of democracy
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All of the above
D
Correct answer
Explanation
Theocracies face a number of challenges in the 21st century, including the rise of secularism, the growth of religious pluralism, and the spread of democracy.
What are some of the challenges that regions face in promoting economic development?
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Lack of natural resources
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Unskilled labor force
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Lack of capital
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Outdated technology
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All of the above
E
Correct answer
Explanation
All of the above challenges can make it difficult for regions to promote economic development.
What are some of the challenges of economic development?
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Environmental degradation
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Social inequality
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Traffic congestion
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Increased cost of living
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All of the above
E
Correct answer
Explanation
All of the above are challenges of economic development.
What are some of the challenges that local economic developers face?
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Limited financial resources
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Lack of political support
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Competition from other communities
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Changing economic conditions
Correct answer
Explanation
Local economic developers face a number of challenges, including limited financial resources, lack of political support, competition from other communities, and changing economic conditions.
What are some of the challenges of local economic development?
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Limited financial resources
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Lack of political support
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Competition from other communities
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Changing economic conditions
Correct answer
Explanation
Local economic development can face a number of challenges, including limited financial resources, lack of political support, competition from other communities, and changing economic conditions.
What are some of the challenges facing local economic developers in the 21st century?
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The rise of the global economy
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The increasing importance of technology
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The changing nature of work
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The growing inequality between rich and poor
Correct answer
Explanation
Some of the challenges facing local economic developers in the 21st century include the rise of the global economy, the increasing importance of technology, the changing nature of work, and the growing inequality between rich and poor.