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

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

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

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What is the objective of the Goods and Services Tax (GST)?

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Which of the following is a feature of monopolistic competition?

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

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Which of the following is an example of a capital receipt for the government?

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What is “currency devaluation”?

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

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Which of the following measures can reduce a trade deficit?

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What is the meaning of “supply-side economics”?

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