Question
Market economies that use indicative planning are
sometimes referred to as…………………………….?Solution
Market economies that use indicative planning are sometimes referred to as “planned market economies”. Indicative planning is a form of economic planning implemented by a state in an effort to solve the problem of imperfect information in market and mixed economies in order to increase economic performance. However, indicative planning takes only endogenous market uncertainty and plans the economy accordingly and does not look into exogenous uncertainty like technology, foreign trade, etc. When utilizing indicative planning, the state employs "influence, subsidies, grants, and taxes [to affect the economy], but does not compel". Indicative planning is contrasted with directive or mandatory planning, where a state (or other economic unit) sets quotas and mandatory output requirements. Planning by inducement is often referred to as indicative planning.
The other name for chloroform is-
For seed production of maize hybrid Prakash, the parental lines and seed rate/ acre should beÂ
Certification shall be conducted by the certification Agency notified under which of the following section of the Seeds Act, 1966.
Instrument used for measuring solar radiation is ____
Integrated rural development program aimed to improve the economic and social life of the poor living in the rural regions. When was the program launched?
Natural farming ______ all components of modern farming.
Chemical used to control the population of insects is calledÂ
The crops which have life span of more than three years are known as
A loan which is given for time period of 15 months and could be utilized for purchasing of seeds and fertilizers is known as__________
Karan fries breed has been evolved by a cross between Tharparkar Ă— Holstein Friesian.Which Institue had developed Karan fries Breed?