Topic Details (Notes format)

Social Impact Bonds and Innovative Financing

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

Social impact bonds bring private investments into social programs (education, health), where returns depend on measured outcomes. If targets (e.g., higher literacy rates) are met, the government repays principal plus interest. This approach fosters result-oriented spending, but measuring outcomes can be complex. Exam focus: real case studies (Rajasthan SDG bond or municipal bonds for water supply) and how such instruments demand robust data analytics and collaboration among government, NGOs, and investors.

Practice Questions

Which of the following is considered a public good?

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Which of the following is an example of fiscal policy?

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What does “inclusive banking” mean?

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What is the primary role of the Securities and Exchange Board of India (SEBI)?

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What is the primary function of the International Monetary Fund (IMF)?

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What is the term for goods that are used together, such as cars and fuel?

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What is the Phillips Curve?

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What is “quantitative easing”?

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What does “balance of trade” refer to?

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Which of the following is NOT part of the World Bank Group?

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