Economy of Jharkhand for JPSC Prelims Examination

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  • Jharkhand economy: Features,Issues, Challenges and Strategics
  • Economic Growth and structure of Jharkhand’seconomy, sectoral  composition, growth in SDP and per capita NSDP In last decade,  Agricultural and industrial growth in jharkhand
  • Demographic features of Jharkhand : Population growth, sex ratio,  density, Literacy,composition of work force, rural-urban composition etc. with special reference to Census of 2001 and 2011,inter district variations.
  • Status of POVERTY, Unemployment, Food Security, Malnutrition,  Education and Health-indicators/”>Health Indicators In Jharkhand, major initiatives, Issues of agricultural and rural development, major programs and schemes; Poverty Alleviation programs; PURA,Bharat Nirman,MGNREGA, PMGSY, SCSY, 1AY, NRLM etc. Food security schemes
  • Land, forest and environmental issuesin Jharkhand : Land reforms and  agrarian relations, tribal land alienation, development induced displacement of people;its impacts and policy initiatives; Forest issues and implementation of FRA, Environmental Degradation and State policy to deal with to,
  • Five Year Plans in Jharkhand strategy and achievement in X and Xlth plan, TSP and SCSP, PUBLIC FINANCE trends in Jharkhand,Industrial Policy in Jharkhand and industrial development

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Jharkhand is a state in eastern India. It is the 14th largest state by area and the 28th most populous state in India. The state is rich in natural Resources, including coal, iron Ore, bauxite, and limestone. Jharkhand is also home to a number of tribal groups.

The economy of Jharkhand is based on agriculture, mining, and Industry. Agriculture is the main source of livelihood for the majority of the population. The main crops grown in Jharkhand are rice, wheat, maize, and pulses. Jharkhand is also a major producer of tea and coffee.

Mining is another important sector of the economy. Jharkhand is one of the leading producers of coal in India. The state also produces iron ore, bauxite, and limestone. The mining sector employs a large number of people and contributes significantly to the state’s GDP.

Industry is another important sector of the economy. The main industries in Jharkhand are steel, cement, and power. The state also has a number of small-scale industries. The Industrial Sector is growing rapidly and is expected to play a major role in the development of the state’s economy.

The power sector is also important for the economy of Jharkhand. The state has a number of power Plants, including thermal power plants, hydroelectric power plants, and solar power plants. The power sector is growing rapidly and is expected to meet the growing demand for electricity in the state.

The transport sector is also important for the economy of Jharkhand. The state has a well-developed road Network, which connects the major cities and towns. The state also has a number of Airports and railway stations. The transport sector is playing a major role in the development of the state’s economy.

The Communication sector is also important for the economy of Jharkhand. The state has a well-developed telecommunications network, which provides telephone, Internet, and mobile Services. The communication sector is playing a major role in the development of the state’s economy.

Tourism is also an important sector of the economy of Jharkhand. The state has a number of tourist destinations, including the Dalma Wildlife Sanctuary, the Betla National Park, and the Hazaribagh National Park. The tourism sector is growing rapidly and is expected to play a major role in the development of the state’s economy.

The Human Development index of Jharkhand is low. The state has a high rate of poverty and illiteracy. The government is taking steps to improve the human development index of the state.

The government is also taking steps to alleviate poverty in the state. The government has launched a number of poverty alleviation programs, including the Pradhan Mantri Jan Dhan Yojana, the Pradhan Mantri Kaushal Vikas Yojana, and the Pradhan Mantri Awas Yojana.

The Environment of Jharkhand is facing a number of challenges, including deforestation, mining pollution, and Air Pollution. The government is taking steps to protect the environment of the state.

The Infrastructure-2/”>INFRASTRUCTURE of Jharkhand is also facing a number of challenges, including poor roads, inadequate power supply, and lack of water supply. The government is taking steps to improve the infrastructure of the state.

The social sector of Jharkhand is also facing a number of challenges, including high rates of poverty, illiteracy, and malnutrition. The government is taking steps to improve the social sector of the state.

The fiscal management of Jharkhand is also facing a number of challenges, including high debt burden and low revenue collection. The government is taking steps to improve the fiscal management of the state.

The Monetary Policy of Jharkhand is also facing a number of challenges, including high Inflation and low interest rates. The government is taking steps to improve the monetary policy of the state.

The external sector of Jharkhand is also facing a number of challenges, including high Trade Deficit and low foreign Investment. The government is taking steps to improve the external sector of the state.

The Economic Reforms of Jharkhand are also facing a number of challenges, including Corruption, Bureaucracy, and lack of infrastructure. The government is taking steps to improve the economic reforms of the state.

The challenges and prospects of the economy of Jharkhand are many. The state has a number of Natural Resources, but it also faces a number of challenges, including poverty, illiteracy, and environmental degradation. The government is taking steps to address these challenges, but it is unclear whether these steps will be successful. The future of the economy of Jharkhand depends on a number of factors, including the success of the government’s reforms, the global economy, and the state’s natural resources.

Here are some frequently asked questions and short answers about the economy of Jharkhand for JPSC Prelims Examination:

  1. What is the GDP of Jharkhand?
    The GDP of Jharkhand is estimated to be ₹1.4 trillion in 2022.

  2. What is the main Source Of Income in Jharkhand?
    The main source of income in Jharkhand is agriculture.

  3. What are the major industries in Jharkhand?
    The major industries in Jharkhand are coal mining, iron ore mining, and steel production.

  4. What are the major challenges facing the economy of Jharkhand?
    The major challenges facing the economy of Jharkhand are poverty, unemployment, and Infrastructure Development.

  5. What are the government’s initiatives to improve the economy of Jharkhand?
    The government’s initiatives to improve the economy of Jharkhand include the Jharkhand State Mineral Development Corporation (JSMDC), the Jharkhand State Industrial Development Corporation (JSIDC), and the Jharkhand State Infrastructure Development Corporation (JSIDC).

  6. What are the opportunities for investment in Jharkhand?
    The opportunities for investment in Jharkhand include the mining sector, the manufacturing sector, and the tourism sector.

  7. What are the risks associated with investing in Jharkhand?
    The risks associated with investing in Jharkhand include the political instability, the law and order situation, and the infrastructure deficit.

  8. What are the prospects for the economy of Jharkhand in the future?
    The prospects for the economy of Jharkhand in the future are positive, due to the state’s rich natural resources, its young population, and its strategic location.

  9. What are the key challenges that the State Government needs to address in order to improve the economy of Jharkhand?
    The key challenges that the state government needs to address in order to improve the economy of Jharkhand include improving the infrastructure, reducing the crime rate, and improving the education system.

  10. What are the key opportunities that the state government can leverage to improve the economy of Jharkhand?
    The key opportunities that the state government can leverage to improve the economy of Jharkhand include the state’s rich natural resources, its young population, and its strategic location.

  1. Which of the following is not a mineral found in Jharkhand?
    (A) Coal
    (B) Iron ore
    (C) Copper
    (D) Gold

  2. The main source of Irrigation in Jharkhand is:
    (A) Canals
    (B) Tanks
    (C) Wells
    (D) Tube wells

  3. The main crops grown in Jharkhand are:
    (A) Rice
    (B) Wheat
    (C) Maize
    (D) Jute

  4. The main industries in Jharkhand are:
    (A) Iron and steel
    (B) Coal mining
    (C) Power generation
    (D) All of the above

  5. The main exports of Jharkhand are:
    (A) Coal
    (B) Iron ore
    (C) Power
    (D) All of the above

  6. The main imports of Jharkhand are:
    (A) Machinery
    (B) Equipment
    (C) Fuel
    (D) All of the above

  7. The main languages spoken in Jharkhand are:
    (A) Hindi
    (B) Bengali
    (C) Santhali
    (D) All of the above

  8. The main religions practiced in Jharkhand are:
    (A) Hinduism-2/”>Hinduism
    (B) Christianity
    (C) Islam
    (D) All of the above

  9. The main festivals celebrated in Jharkhand are:
    (A) Durga puja
    (B) Holi
    (C) Christmas
    (D) All of the above

  10. The main tourist attractions in Jharkhand are:
    (A) The Dalma Wildlife Sanctuary
    (B) The Betla National Park
    (C) The Hazaribagh National Park
    (D) All of the above