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 a feature of a command economy?

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Which of the following is NOT an example of an indirect tax?

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What is meant by “crowding out” in economics?

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What is “inclusive growth”?

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What does the term “elasticity of demand” measure?

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What does “balance of trade” refer to?

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Which of the following is a feature of monopolistic competition?

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

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What does the term "depreciation" refer to in the context of assets?

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

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