Civil Services Prep

Prelims 2017 · Economy · Question 52

The term 'Domestic Content Requirement' is sometimes seen in the news with reference to

  1. Developing solar power production in our country
  2. Granting licenses to foreign T.V. channels in our country
  3. Exporting our food products to other countries
  4. Permitting foreign educational institutions to set up their campuses in our country

Answer

Developing solar power production in our country

  • (a) Developing solar power production in our countryCorrect. Domestic Content Requirement (DCR) was widely discussed in India’s solar energy policy, where certain solar projects required use of locally manufactured solar cells/modules.
  • (b) Granting licenses to foreign T.V. channels in our countryIncorrect. DCR is not a term used for TV channel licensing; that area is governed by broadcasting and FDI rules.
  • (c) Exporting our food products to other countriesIncorrect. DCR relates to local sourcing/manufacturing requirements, not export of food products.
  • (d) Permitting foreign educational institutions to set up their campuses in our countryIncorrect. This issue concerns education regulation and FDI/entry norms, not Domestic Content Requirement.

Answer: (a)

  1. The artificially fixed rupee-sterling exchange rate prescribed by the Hilton-Young Commission (1926) was…
  2. In what way(s) does the Vizhinjam International Seaport represent a structural shift in India's maritime trade…
  3. Which of the following is/are the most significant implication(s) of obtaining Oeko-Tex certification for Eri…
  4. Consider the following statements with reference to the Sagarmala Programme of the Government of India : I.…
  5. An e-commerce revenue model where the seller has control over pricing but doesn't keep products in stock and…
  6. Which one of the following correctly represents the three key sub-indices of the Financial Inclusion Index…