Topic Details (Notes format)

Digital Governance Initiatives (eGovernance)

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

Governance digitization fosters transparency, reduces corruption, and speeds up service delivery. Platforms like DigiLocker, Aadhaar-enabled DBT, and UMANG unify citizen-centric services. Challenges: bridging digital literacy, ensuring robust cybersecurity, and standardizing data formats across states. In exam contexts, highlight success in direct benefits (e.g., LPG subsidy) while analyzing data privacy concerns under proposed personal data protection laws. Effective e-governance can also enhance accountability in welfare programs.

Practice Questions

Which of the following best describes “capital formation”?

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Which economic concept is described as “the next best alternative foregone”?

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

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What does the “Human Development Index” measure?

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What does the term “elasticity of demand” measure?

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What is meant by “monetary policy”?

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Which of the following is NOT a component of Aggregate Demand?

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

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Which of the following is NOT an example of an indirect tax?

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

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