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.
Which of the following factors is NOT included in the calculation of Human Development Index (HDI)?
View QuestionWhich of the following is a characteristic of “perfect competition”?
View QuestionWhat is “inflation targeting”?
View QuestionWhat is the meaning of "fiscal deficit"?
View QuestionWhich of the following is an example of a non-renewable resource?
View QuestionWhat is meant by the term “current account deficit”?
View QuestionWhich of the following is NOT part of the World Bank Group?
View QuestionWhich economic concept is described as “the next best alternative foregone”?
View QuestionWhat is the term for the price at which demand and supply in a market are equal?
View QuestionWhat is the “law of diminishing marginal utility”?
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