Topic Details (Notes format)

Make in India 2.0

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

An evolved push for domestic manufacturing competitiveness, targeting emerging sectors like semiconductors, medical devices, and advanced electronics. Emphasizes building a robust ecosystem—R&D, skilled labor, and stable policy frameworks. Students should explore how production-linked incentive (PLI) schemes aim to attract global supply chains relocating from other nations. Key success hinges on infrastructure improvements and bridging cost disadvantages, ensuring scale and quality for global markets.

Practice Questions

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

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What is meant by “crowding out” in economics?

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

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What is the main aim of the “Startup India” initiative?

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

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What is the main objective of disinvestment in public sector undertakings (PSUs)?

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What is “quantitative easing”?

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What is “currency devaluation”?

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What is meant by “monetary policy”?

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Which of the following is a feature of monopolistic competition?

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