Topic Details (Notes format)

Data Protection and Digital Economy

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

Rapid digitalization raises privacy, cybersecurity, and data localization debates. Proposed data protection laws seek to safeguard user rights while balancing innovation and cross-border data flows. Exam readiness entails understanding personal data categories, consent frameworks, compliance burdens for enterprises, and how strong data laws can boost digital trust in e-governance and e-commerce.

Practice Questions

Which term refers to an economy that has elements of both capitalism and socialism?

What is “fiscal stimulus”?

What is the main aim of Public Distribution System (PDS) in India?

What does “Laissez-faire” policy advocate?

Which of the following is a feature of a command economy?

What does the term “capital account” refer to in the balance of payments?

What is “currency devaluation”?

What is meant by “crowding out” in economics?

What is the term for goods that are used together, such as cars and fuel?

Which term refers to the decrease in the value of a currency relative to foreign currencies?