Subject: Economics
Book: Comprehensive Indian Economy
India’s rapid industrial growth strains natural resources and generates pollution. Environmental economics quantifies these externalities, urging corrective taxes or incentives. Policies like the National Action Plan on Climate Change promote solar energy, energy efficiency, and afforestation. However, balancing the needs of a developing population with ecological conservation remains challenging. Exam questions often connect resource management (forests, water) to livelihood security, especially for tribal or rural communities. Focus also on green financing, corporate social responsibility mandates, and the interplay of environmental laws with economic policies for sustainable growth.
Which economic concept is described as “the next best alternative foregone”?
View QuestionWhat is the “law of diminishing marginal utility”?
View QuestionWhat is “inflation targeting”?
View QuestionWhich of the following measures is most effective in controlling inflation?
View QuestionWhat is the objective of the Goods and Services Tax (GST)?
View QuestionWhat does “balance of trade” refer to?
View QuestionWhat does the Gini Coefficient measure?
View QuestionWhat is the primary function of the International Monetary Fund (IMF)?
View QuestionWhich of the following factors is NOT included in the calculation of Human Development Index (HDI)?
View QuestionWhat is the objective of the Pradhan Mantri Jan Dhan Yojana?
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