Poverty and employment

Indian Economic System(HCS)

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Indian Economy - Understanding the basics of Indian economic system

The =Slack Season‘ in the Indian Economy is:

March-April

Sept.-Dec.

Jan.-June

Feb.-April

- The 'Slack Season' in the Indian economy refers to the period when economic activity, especially in agriculture and related sectors, is low.

- During this time, demand for credit, transport, and labor decreases.

- Let's review the options:

- Option 1: March-April – This is harvest time in many parts, so economic activity is actually picking up.

- Option 2: Sept.-Dec. – This is post-monsoon and festive season; economic activity is high.

- Option 3: Jan.-June – This period covers rabi crops’ harvest but is generally considered a busy season, not slack season.

- Option 4: Feb.-April – This is closer to the slack season, as crop sowing is over and harvesting has not begun.

- The correct answer is Option 4: Feb.-April.