Subject: Economics
Book: Comprehensive Indian Economy
PPP models unite government oversight with private investment and expertise to develop highways, airports, and metro rail systems. Contracts—like Build-Operate-Transfer (BOT)—share risks and rewards. The viability gap funding mechanism supports financially unviable but socially necessary projects. Exam questions often assess PPP’s track record, referencing successes (Delhi Airport T3) and failures (delays, cost overruns). Students should understand different concession agreements, risk allocation strategies, and dispute resolution frameworks. Balancing private profits with affordable public services remains a major policy challenge in infrastructure expansions.
What does “Laissez-faire” policy advocate?
View QuestionWhat does the “Human Development Index” measure?
View QuestionWhat is meant by “stagflation”?
View QuestionWhich is the largest source of tax revenue for the Government of India?
View QuestionWhat is the main purpose of monetary policy?
View QuestionWhat is “inflation targeting”?
View QuestionWhich of the following is a characteristic of “perfect competition”?
View QuestionWhich of the following factors is NOT included in the calculation of Human Development Index (HDI)?
View QuestionWhich term refers to an economy that has elements of both capitalism and socialism?
View QuestionWhat is the term for the ability of an economy to produce more output from the same inputs?
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