The term 'Domestic Content Requirement' is sometimes seen in the news with reference to
A
Developing solar power production in our country
Correct Answer
B
Granting licences to foreign T.V. channels in our country
C
Exporting our food products to other countries
D
Permitting foreign educational institutions to set up their campuses in our country
Explanation
The 'Domestic Content Requirement' (DCR) was a policy under India’s Jawaharlal Nehru National Solar Mission that mandated solar power developers to use locally manufactured solar cells and modules to promote indigenous industry. The core concept tested here is import substitution and its intersection with World Trade Organization (WTO) rules, as the WTO famously ruled against India’s DCR for violating "national treatment" obligations. While the term "content" might tempt one to choose Option (b) regarding media or T.V. channels, in this regulatory context, it specifically refers to physical hardware components in the renewable energy sector.
Trade Policy & Industrial PolicyDomestic Content Requirement (DCR)Domestic Content RequirementDCRsolar power productionforeign T.V. channelsfood products exportforeign educational institutionslocal manufacturing