Question

What elements are crucial for transitioning to a knowledge economy in Kerala?

1. An inclusive strategy that integrates education, science and technology, and higher learning is essential.
2. Addressing land and labor rigidities is not a significant factor.
3. The active participation of the diaspora is a key component of this transition.
4. Entrepreneurship needs to be fostered alongside these elements.

• A. All
• B. 3, 4
• C. 1, 3, 4
• D. None of these

Answer 1

Answer:

C. 1, 3, 4

• Transitioning to a knowledge economy requires a holistic and inclusive approach.

• This means harmonizing efforts across various sectors. Key among these are strengthening educational institutions at all levels, promoting scientific research and technological development, and encouraging innovation and entrepreneurship.

• Furthermore, addressing structural issues like rigidities in land and labor markets can facilitate easier integration and growth.

• The diaspora also plays a crucial role, bringing in global perspectives and investments.