Topic Details (Notes format)

Data Protection and Digital Economy

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

Rapid digitalization raises privacy, cybersecurity, and data localization debates. Proposed data protection laws seek to safeguard user rights while balancing innovation and cross-border data flows. Exam readiness entails understanding personal data categories, consent frameworks, compliance burdens for enterprises, and how strong data laws can boost digital trust in e-governance and e-commerce.

Practice Questions

Which term refers to an economy that has elements of both capitalism and socialism?

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Which of the following best describes “capital formation”?

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

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Which of the following is NOT an example of a direct tax?

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What is the main feature of a free-market economy?

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What is meant by “liquidity trap”?

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Which term refers to the decrease in the value of a currency relative to foreign currencies?

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What is a “repo rate”?

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Which of the following is an example of a public sector undertaking (PSU) in India?

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What is “inclusive growth”?

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