Which of the following is a feature of the 'Data Economy' or 'Attention Economy'?
A. Only traditional manufacturing matters
B. Only physical goods generate value
C. Data has no economic value
D. Economic value is increasingly derived from the collection, analysis and monetisation of data and user attention
Answer: Option D
Solution (By JKSSB Mock Tests)
In the data and attention economy, the ability to collect, process and monetise large volumes of personal and behavioural data, as well as to capture user attention, has become a central source of economic value.
Explanation:
Repo rate is the interest rate at which the RBI lends short-term funds to commercial banks against the collateral of government securities under the Liquidity Adjustment Facility.
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