Topic Details (Notes format)

Digital Economy and E-Governance

Subject: Economics

Book: Comprehensive Indian Economy

India’s digital economy spans fintech, e-commerce, digital payments (UPI), and expanding broadband access. Initiatives like Digital India enhance online services in governance, health, and education. Key aspects include data protection legislation, cyber-security infrastructure, and bridging rural digital divides. E-governance fosters transparency through online portals, reducing corruption. For exam readiness, highlight how digital growth can propel service exports and boost financial inclusion, but also note potential job displacements. Expect questions on frameworks like Aadhaar, data privacy challenges, and how bridging the urban-rural digital gap fosters inclusive development.

Practice Questions

Which of the following factors is NOT included in the calculation of Human Development Index (HDI)?

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

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What is the meaning of “dumping” in international trade?

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

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What is the term for the price at which demand and supply in a market are equal?

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

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What does the term "depreciation" refer to in the context of assets?

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What is the term for the ability of an economy to produce more output from the same inputs?

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What is the main aim of Public Distribution System (PDS) in India?

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What is the main aim of the “Startup India” initiative?

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