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

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

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What is the primary function of the International Monetary Fund (IMF)?

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

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

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

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What is meant by “crowding out” in economics?

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What is the meaning of "fiscal deficit"?

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Which organization is responsible for estimating India’s Gross Domestic Product (GDP)?

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Which of the following is an example of a renewable resource?

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What does the “Phillips Curve” show?

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