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

What is “quantitative easing”?

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What is “inflation targeting”?

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

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

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Which of the following is considered a public good?

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What is the meaning of “disguised unemployment”?

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Which of the following is NOT an example of a direct tax?

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

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What is the term for the price at which demand and supply in a market are equal?

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What does the “Human Development Index” measure?

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