Topic Details (Notes format)

Digital Economy and E-Governance

Subject: Economics

Book: Comprehensive Indian Economy

India’s digital economy spans fintech, e-commerce, digital payments (UPI), and expanding broadband access. Initiatives like Digital India enhance online services in governance, health, and education. Key aspects include data protection legislation, cyber-security infrastructure, and bridging rural digital divides. E-governance fosters transparency through online portals, reducing corruption. For exam readiness, highlight how digital growth can propel service exports and boost financial inclusion, but also note potential job displacements. Expect questions on frameworks like Aadhaar, data privacy challenges, and how bridging the urban-rural digital gap fosters inclusive development.

Practice Questions

What is the Phillips Curve?

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What is the meaning of "fiscal deficit"?

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What does “Laissez-faire” policy advocate?

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What is the term for the price at which demand and supply in a market are equal?

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What is the objective of the Pradhan Mantri Jan Dhan Yojana?

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What is “inclusive growth”?

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Which of the following is a feature of monopolistic competition?

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Which of the following measures can reduce a trade deficit?

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Which of the following factors is NOT included in the calculation of Human Development Index (HDI)?

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What is meant by “monetary policy”?

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