Topic Details (Notes format)

Renewable Energy and Green Transition

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

India’s pivot to renewables (solar, wind, biomass) aims to reduce carbon emissions, meet rising power demands, and cut fossil fuel import bills. Policies—like the National Solar Mission—offer subsidies, viability gap funding, and mandatory renewable purchase obligations. For exam readiness, note achievements (gigawatt capacity expansions), challenges (grid stability, land for solar farms), and how domestic manufacturing (solar modules, wind turbines) fosters self-reliance. The synergy with electrification of transport further cements India’s green transition push.

Practice Questions

Which of the following is a direct tax?

View Question

What is meant by “liquidity trap”?

View Question

What is meant by “credit rating”?

View Question

What is “CRR” in banking terminology?

View Question

What is the Phillips Curve?

View Question

Which of the following measures can reduce a trade deficit?

View Question

What is “open market operations” (OMO)?

View Question

What is meant by the term “current account deficit”?

View Question

What is the meaning of "fiscal deficit"?

View Question

Which of the following best describes “capital formation”?

View Question