This question is based on slack-season: The season of low rainfall in monsoon is slack season of Indian Economy. -lack of water, as no sufficient rain, daily crisis of water. July–December corresponds to the main agricultural season in India, while January–June is a relatively ‘slack’ season.
What do you mean by slack season?
The April-September period is tradi-tionally referred as slack season, while the October-March period is described as busy season. The April-September period witnesses summer and monsoon. Hence, the policy, which is designed to meet the requirements of subdued economic activity, is known as slack season credit policy.
Which type of unemployment is mostly found in India?
Vulnerable Unemployment: People are deemed unemployed under this unemployment. People are employed but informally i.e. without proper job contracts and thus records of their work are never maintained. It is one of the main types of unemployment in India.
What do we mean by economic development?
Economic Development is the creation of wealth from which community benefits are realized. It is more than a jobs program, it’s an investment in growing your economy and enhancing the prosperity and quality of life for all residents. Economic development means different things to different people.
What do you mean by slack?
1 : cessation in movement or flow. 2 : a part of something that hangs loose without strain take up the slack of a rope. 3 : trousers especially for casual wear —usually used in plural. 4 : a dull season or period.
What is slack used for?
Slack is a messaging app for business that connects people to the information they need. By bringing people together to work as one unified team, Slack transforms the way organizations communicate.
Which is the slack season in the Indian economy?
This is a Most important question of gk exam. Question is : The Slack Season in the Indian Economy is , Options is : 1. Feb – Apr, 2. Mar – Apr, 3.Jan – June, 4. Sep – Dec, 5. NULL Electronics Bazaar is one of best Online Shopping Store in India. Buy online Mobile Phones, Laptops, Tablets, Cameras & much more at best prices.
Which is the main agricultural season in India?
Explanation : July-December corresponds to the main agricultural season in India, while January-June is a relatively ‘slack’ season. Since more than 50% of India’s workforce is engaged in agriculture sector, the slackness of this sector imparts sluggishpess to the entire economy. ….
When is slack season in the United States?
SLACK season generally begins in may and lasts till September. 1- It is the sowing seasons means farmers generally sow their crops during this season.
