Topic Details (Notes format)

Semiconductor Manufacturing Initiative

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

Semiconductor demand underpins electronics, automobiles, and telecom. India’s push to build fabs faces high capital costs and advanced technology needs. Incentives aim to attract multinational chipmakers, create jobs, and reduce import dependence. Key exam insights include the complexity of global chip supply chains, the potential synergy with domestic design talent, and the crucial role of consistent power, water, and skilled labor for fabrication plants.

Practice Questions

What is meant by “marginal propensity to consume”?

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Which term refers to the decrease in the value of a currency relative to foreign currencies?

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What does the “Phillips Curve” show?

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

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

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What is the main aim of Public Distribution System (PDS) in India?

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What is the meaning of "fiscal deficit"?

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