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 meaning of “disguised unemployment”?

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What is a “repo rate”?

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

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What is the “law of diminishing marginal utility”?

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What is the Phillips Curve?

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What is meant by “structural unemployment”?

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What is “inflation targeting”?

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What is the concept of “invisible hand” associated with?

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What is the primary goal of a progressive tax system?

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Which of the following causes demand-pull inflation?

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