Topic Details (Notes format)

Renewable Energy and Green Transition

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

India’s pivot to renewables (solar, wind, biomass) aims to reduce carbon emissions, meet rising power demands, and cut fossil fuel import bills. Policies—like the National Solar Mission—offer subsidies, viability gap funding, and mandatory renewable purchase obligations. For exam readiness, note achievements (gigawatt capacity expansions), challenges (grid stability, land for solar farms), and how domestic manufacturing (solar modules, wind turbines) fosters self-reliance. The synergy with electrification of transport further cements India’s green transition push.

Practice Questions

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

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What does “Laissez-faire” policy advocate?

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What does the “Phillips Curve” show?

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Which of the following is an example of fiscal policy?

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

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

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Which of the following is NOT a component of Aggregate Demand?

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What is the main aim of the “Startup India” initiative?

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Which of the following is considered a public good?

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What does “primary sector” of the economy include?

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