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

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What is “open market operations” (OMO)?

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Which of the following best describes “capital formation”?

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

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What is the meaning of “dumping” in international trade?

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Which is the largest source of tax revenue for the Government of India?

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What does the term “elasticity of demand” measure?

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What is meant by “liquidity trap”?

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Which of the following is an example of a public sector undertaking (PSU) in India?

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Which organization publishes the Human Development Index (HDI)?

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