Topic Details (Notes format)

National Infrastructure Pipeline (NIP)

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

NIP targets robust infrastructure investment—across energy, rail, roads, urban development—over multiple years, aiming to catalyze economic growth and job creation. Funding relies on public-private synergy, multilateral support, and innovative instruments (InvITs). Understanding sector-wise outlays (power, telecom, etc.) helps gauge priorities. Students can link how streamlined clearances, land reforms, and labor availability are prerequisites for timely NIP execution. The final outcome influences manufacturing competitiveness and living standards.

Practice Questions

Which term refers to the decrease in the value of a currency relative to foreign currencies?

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

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What is the concept of “invisible hand” associated with?

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What is “currency devaluation”?

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What is meant by “crowding out” in economics?

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

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Which of the following statements best defines Gross Domestic Product (GDP)?

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

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Which of the following causes demand-pull inflation?

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

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