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 does the Gini Coefficient measure?

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What is the main function of the Reserve Bank of India (RBI)?

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What does the “Human Development Index” measure?

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Which of the following sectors contributes the most to India’s GDP?

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Which of the following factors is NOT included in the calculation of Human Development Index (HDI)?

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

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What is the meaning of “supply-side economics”?

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Which of the following is an example of fiscal policy?

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

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

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