Topic Details (Notes format)

Make in India 2.0

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

An evolved push for domestic manufacturing competitiveness, targeting emerging sectors like semiconductors, medical devices, and advanced electronics. Emphasizes building a robust ecosystem—R&D, skilled labor, and stable policy frameworks. Students should explore how production-linked incentive (PLI) schemes aim to attract global supply chains relocating from other nations. Key success hinges on infrastructure improvements and bridging cost disadvantages, ensuring scale and quality for global markets.

Practice Questions

Which of the following measures can reduce a trade deficit?

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

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

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Which of the following is an example of a public sector undertaking (PSU) in India?

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What is meant by “liquidity trap”?

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What is “currency devaluation”?

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

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What is the primary role of the Securities and Exchange Board of India (SEBI)?

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What does the term "depreciation" refer to in the context of assets?

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

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