Subject: Economics
Book: Comprehensive Indian Economy
Investment in R&D fosters technological advancement, higher productivity, and global competitiveness. India’s R&D spend remains modest compared to developed nations, concentrated in defense and space. Private sector involvement is growing in pharmaceuticals, IT, and automotive sectors. Government initiatives like Make in India, Atal Innovation Mission, and dedicated innovation labs encourage startups, but bridging lab-to-market gaps remains a challenge. Exam queries might revolve around IPR regimes, venture capital ecosystems, and the link between university research and commercial products. Strengthening patent enforcement and building a robust knowledge economy is a strategic imperative for higher-value exports.
Which of the following is NOT an example of an indirect tax?
View QuestionWhat does “Laissez-faire” policy advocate?
View QuestionWhat is the meaning of “supply-side economics”?
View QuestionWhat is the primary function of the International Monetary Fund (IMF)?
View QuestionWhich of the following best describes “capital formation”?
View QuestionWhat is meant by “liquidity trap”?
View QuestionWhat is the purpose of the "Minimum Support Price" (MSP) in India?
View QuestionWhat is “fiscal stimulus”?
View QuestionWhich of the following is an example of a renewable resource?
View QuestionWhat is “currency devaluation”?
View Question