Topic Details (Notes format)

Semiconductor Manufacturing Initiative

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

Semiconductor demand underpins electronics, automobiles, and telecom. India’s push to build fabs faces high capital costs and advanced technology needs. Incentives aim to attract multinational chipmakers, create jobs, and reduce import dependence. Key exam insights include the complexity of global chip supply chains, the potential synergy with domestic design talent, and the crucial role of consistent power, water, and skilled labor for fabrication plants.

Practice Questions

What is the concept of “invisible hand” associated with?

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Which of the following is an example of fiscal policy?

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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 part of the World Bank Group?

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What does the Gini Coefficient measure?

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What is the meaning of "fiscal deficit"?

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What is the main function of the Reserve Bank of India (RBI)?

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What is “currency devaluation”?

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What does “Laissez-faire” policy advocate?

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Which of the following is a direct tax?

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