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 causes demand-pull inflation?

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Which of the following is an example of fiscal policy?

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What does the “Phillips Curve” show?

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What is the main function of the Reserve Bank of India (RBI)?

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

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What does the term “national income” refer to?

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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 does the Gini Coefficient measure?

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What is the significance of “Purchasing Power Parity” (PPP)?

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What is the primary goal of a progressive tax system?

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