Question
. What is social capital?
Answer :
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Social capital refers to the networks, norms, relationships, and trust that exist within a society, which enable individuals and groups to work together effectively to achieve common goals. It is an intangible asset that facilitates cooperation, reduces transaction costs, and strengthens the social fabric of communities. In the context of Indian administration, social capital plays a significant role in governance, policy implementation, and community development. It is generally classified into three main types: bonding, bridging, and linking social capital. Bonding social capital exists within closely-knit groups such as families, friends, or caste-based communities, providing strong support but sometimes leading to exclusivity. Bridging social capital connects diverse social groups, fostering wider
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