Topic Details (Notes format)

Social Impact Bonds and Innovative Financing

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

Social impact bonds bring private investments into social programs (education, health), where returns depend on measured outcomes. If targets (e.g., higher literacy rates) are met, the government repays principal plus interest. This approach fosters result-oriented spending, but measuring outcomes can be complex. Exam focus: real case studies (Rajasthan SDG bond or municipal bonds for water supply) and how such instruments demand robust data analytics and collaboration among government, NGOs, and investors.

Practice Questions

What is “inclusive growth”?

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Which of the following statements best defines Gross Domestic Product (GDP)?

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What is the main objective of disinvestment in public sector undertakings (PSUs)?

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What does the term “capital account” refer to in the balance of payments?

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What does “primary sector” of the economy include?

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What does the term “elasticity of demand” measure?

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What is a “repo rate”?

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What is the objective of the Pradhan Mantri Jan Dhan Yojana?

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Which of the following is a characteristic of “perfect competition”?

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What does the Gini Coefficient measure?

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