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 an example of a renewable resource?

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

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What is the objective of the Pradhan Mantri Jan Dhan Yojana?

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

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What does “balance of trade” refer to?

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What is “CRR” in banking terminology?

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Which of the following best describes “capital formation”?

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

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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 does the term “capital account” refer to in the balance of payments?

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