Subject: Economics
Book: Comprehensive Indian Economy
Investment in R&D fosters technological advancement, higher productivity, and global competitiveness. India’s R&D spend remains modest compared to developed nations, concentrated in defense and space. Private sector involvement is growing in pharmaceuticals, IT, and automotive sectors. Government initiatives like Make in India, Atal Innovation Mission, and dedicated innovation labs encourage startups, but bridging lab-to-market gaps remains a challenge. Exam queries might revolve around IPR regimes, venture capital ecosystems, and the link between university research and commercial products. Strengthening patent enforcement and building a robust knowledge economy is a strategic imperative for higher-value exports.
What does the “Human Development Index” measure?
View QuestionWhich term refers to the decrease in the value of a currency relative to foreign currencies?
View QuestionWhich of the following is a characteristic of “perfect competition”?
View QuestionWhich of the following factors is NOT included in the calculation of Human Development Index (HDI)?
View QuestionWhat is the meaning of "fiscal deficit"?
View QuestionWhat is “quantitative easing”?
View QuestionWhat is the primary purpose of Special Economic Zones (SEZs)?
View QuestionWhich of the following best describes “capital formation”?
View QuestionWhat is meant by “stagflation”?
View QuestionWhich of the following is a feature of monopolistic competition?
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