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.
What is the meaning of “supply-side economics”?
View QuestionWhich of the following is an example of a public sector undertaking (PSU) in India?
View QuestionWhat does “primary sector” of the economy include?
View QuestionWhat is the meaning of “dumping” in international trade?
View QuestionWhich of the following is an example of fiscal policy?
View QuestionWhich of the following is NOT an example of an indirect tax?
View QuestionWhat is “fiscal stimulus”?
View QuestionWhich of the following is an example of a capital receipt for the government?
View QuestionWhich of the following sectors contributes the most to India’s GDP?
View QuestionWhat is “inclusive growth”?
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