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Which of the following is a key challenge for Kerala's economy?

AHigh government debt and fiscal deficit.

BInsufficient industrial growth

CHigh rates of educated unemployment

DDeclining agricultural sector contribution

Answer:

A. High government debt and fiscal deficit.

Read Explanation:

  • While Kerala's per capita income is high, the state faces challenges with its public finances, including a large fiscal deficit and a significant debt-to-GSDP ratio.

Related Questions:

Analyze the distribution of aged persons by physical mobility based on rural-urban classification in Kerala.

  1. In Kerala, 88 percent of aged persons in rural areas exhibit good physical mobility.
  2. Urban areas in Kerala show a slightly higher percentage of aged persons with good physical mobility (91%) compared to rural areas (88%).
  3. The data suggests that rural areas have better physical mobility among the elderly than urban areas.

    Which of the following are proposed Proof of Concepts (PoCs) and pilot areas from Kerala Fisheries University (KUFOS)?

    1. Precision Aquaculture.
    2. Traceability in the fisheries sector.
    3. Developing new fishing equipment.

      Which statements correctly identify key individuals within the governance structure of Kerala Startup Mission?

      1. Shri Pinarayi Vijayan holds the position of Chairman of the Board of Governors.
      2. Seeram Sambasiva Rao IAS is the Chairman of the Executive Committee.
      3. Anoop Ambika is the Chief Operating Officer of KSUM.
      4. Robert Francis serves as the Chief Executive Officer.

        Regarding the SAMANWAYA scheme, which of the following statements correctly describe its primary objective?

        1. The SAMANWAYA scheme is primarily focused on providing financial aid for higher education to all communities in Kerala.
        2. It is a Comprehensive Career and Employability Development Programme specifically designed for SC/ST communities.
        3. The scheme aims to offer skill development training exclusively to economically backward sections without career guidance.
          A higher GSDP growth rate indicates that a state's economy is: