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

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

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

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Which of the following causes demand-pull inflation?

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Which of the following is an example of a public sector undertaking (PSU) in India?

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

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Which of the following best describes “capital formation”?

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Which of the following is NOT an example of a direct tax?

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

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Which of the following is NOT part of the World Bank Group?

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Which of the following is NOT an example of an indirect tax?

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