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 is NOT a component of Aggregate Demand?

View Question

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

View Question

Which of the following is a feature of monopolistic competition?

View Question

What is the objective of the Pradhan Mantri Jan Dhan Yojana?

View Question

What is the meaning of “disguised unemployment”?

View Question

What is meant by “stagflation”?

View Question

What is “inclusive growth”?

View Question

What is “fiscal stimulus”?

View Question

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

View Question

What does the term “capital account” refer to in the balance of payments?

View Question