Topic Details (Notes format)

Blue Economy and Coastal Development

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

Blue economy taps ocean resources sustainably—fisheries, offshore wind, marine biotechnology, and tourism. India’s long coastline creates opportunities for port-led growth (Sagarmala), maritime clusters, and deep-sea mining. Coastal communities benefit from improved livelihoods, but ecological risks loom (overfishing, pollution). For exam readiness, stress how scientific management, better port infrastructure, and global cooperation (e.g., Indian Ocean Rim initiatives) shape India’s maritime aspirations.

Practice Questions

What is the purpose of the "Minimum Support Price" (MSP) in India?

View Question

Which of the following is an example of a renewable resource?

View Question

What does “inclusive banking” mean?

View Question

What is the primary purpose of Special Economic Zones (SEZs)?

View Question

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

View Question

Which of the following causes demand-pull inflation?

View Question

Which of the following measures is most effective in controlling inflation?

View Question

What is meant by the term “current account deficit”?

View Question

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

View Question

What is “open market operations” (OMO)?

View Question