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 organization publishes the Human Development Index (HDI)?
View QuestionWhat is “inclusive growth”?
View QuestionWhich economic concept is described as “the next best alternative foregone”?
View QuestionWhat is the primary function of the International Monetary Fund (IMF)?
View QuestionWhat is the main function of the Reserve Bank of India (RBI)?
View QuestionWhich of the following is NOT a function of the World Trade Organization (WTO)?
View QuestionWhich of the following is NOT part of the World Bank Group?
View QuestionWhat is meant by “monetary policy”?
View QuestionWhat does the term “national income” refer to?
View QuestionWhat is meant by “liquidity trap”?
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