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 term for goods that are used together, such as cars and fuel?

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What is the significance of “Purchasing Power Parity” (PPP)?

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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 “national income” refer to?

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What is meant by “credit rating”?

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Which of the following is a feature of a command economy?

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

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What is the objective of the Pradhan Mantri Jan Dhan Yojana?

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What is the Phillips Curve?

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Which term refers to an economy that has elements of both capitalism and socialism?

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