Q. Consider the following statements about the Orange Economy:
1.It is also known as the creative economy.
2.It is the knowledge-based economic activities upon which the ‘creative industries’ are based.
3.WAVES 2025 is the first World Audio Visual & Entertainment Summit hosted by the Government of India.
Which of the statements given above are correct?
Explanation: All Statements are correct
Statement 1 is correct: Orange Economy is also known as the creative economy.
Statement 2 is correct: The United Nations Conference on Trade and Development (UNCTAD) defines it as an evolving concept which builds on the interplay between human creativity and ideas and intellectual property, knowledge and technology. Essentially it is the knowledge-based economic activities upon which the ‘creative industries’ are based.
Statement 3 is correct: WAVES 2025 is the first World Audio Visual & Entertainment Summit, held at the Jio World Convention Centre, Mumbai, and hosted by the Government of India. It aims to position India as a global hub for Media & Entertainment (M&E), intellectual property, and technological innovation.
Source: BT
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