28 March 2014
Answer ALL the questions in about 200 words
1. What are Basel-III norms? Why should Indian banks adhere to them? Explain.
2. It is said that tax policies over recent decades have played an extremely significant role in promoting inequality in India. How? Suggest measures to reform taxation structure to reduce this inequality.
3. With two decades of high economic growth, India should have been on its way to controlling tuberculosis. Yet it remains an urgent public health problem. Why? What is the solution to this problem? Explain.
4. Why does IMF need reforms? Critically discuss.
5. Discuss trade relations between India and Sri Lanka. Explain why the Comprehensive Economic Partnership Agreement (CEPA) between two countries has not yet materialized.
