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 is a characteristic of “perfect competition”?
View QuestionWhat does “balance of trade” refer to?
View QuestionWhat is the primary role of the Securities and Exchange Board of India (SEBI)?
View QuestionWhich of the following is NOT part of the World Bank Group?
View QuestionWhich of the following best describes “capital formation”?
View QuestionWhich of the following is NOT a component of Aggregate Demand?
View QuestionWhich of the following is considered a public good?
View QuestionWhat is meant by “stagflation”?
View QuestionWhat is “open market operations” (OMO)?
View QuestionWhat does “Laissez-faire” policy advocate?
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