Topic Details (Notes format)

E-Waste and Circular Economy

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

India produces considerable e-waste due to rapid digital adoption. A circular economy promotes recycling, refurbishing, and responsible disposal to minimize environmental damage. E-waste rules impose extended producer responsibility, but enforcement is patchy. For exams, highlight how better e-waste management fosters secondary raw material markets, job creation in recycling, and reduced import dependence. Challenges include unsafe informal recycling clusters, lack of consumer awareness, and limited authorized e-waste channels.

Practice Questions

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

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

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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 significance of “Purchasing Power Parity” (PPP)?

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

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

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Which of the following is NOT a function of the World Trade Organization (WTO)?

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

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What does the term “national income” refer to?

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What is the main objective of disinvestment in public sector undertakings (PSUs)?

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