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 “inclusive growth”?

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What is the term for the ability of an economy to produce more output from the same inputs?

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

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Which of the following sectors contributes the most to India’s GDP?

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What is “quantitative easing”?

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Which of the following is NOT a component of Aggregate Demand?

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What is the purpose of the "Minimum Support Price" (MSP) in India?

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Which of the following is an example of a non-renewable resource?

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What is the main feature of a free-market economy?

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Which of the following is an example of fiscal policy?

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