Economics-2014: Answer Writing Challenge – 41

ARCHIVES 30 October 2014 Q1) Make out a case for subsidies contributing to achievement of growth with social justice in India? (10 Marks ) Q2) What is the role played by basics (wage goods) and non basic goods (luxury goods ) in a model of development for a mixed economy (10 Marks)

Economics-2014: Answer Writing Challenge – 40

ARCHIVES 29 October 2014 Q1) Discuss the nature and incidence of the problem of rural poverty in India. What suggestion do you offer to solve it? (200 Words) Q2) Examine the role of land reforms on agriculture development in India. What policy measures can quicken the pace in land reforms (60 Marks)

Economics-2014: Answer Writing Challenge – 39

ARCHIVES 28 October 2014 Q1) Discuss the importance of the small scale sector in the Industrial structure? (200 Words) Q2) Discuss briefly the form of colonial exploitation during British rule in India and comment on its consequences (200 Words)

Economics-2014: Answer Writing Challenge – 37

ARCHIVES 21 October 2014 Q) Discuss the possibilities of capital formation through use of surplus manpower in developing countries and mention problems involved in it . (60 Marks) Q) Explain briefly the problem of “knife edge equilibrium” that arises in Harrod Domar Model and show how Solow tries to eliminate it (60 Marks)

Labour Issues and Need For Labour Reforms in India

http://insightsonindia.com Background Democratic developing countries always have challenge of development which should benefit impoverished masses by way of providing employment and decent standard of living .Universal adult Franchise which is landmark of democracy gives voice to labor which is strong in numbers. These countries can’t ignore interest of labor in favor of industry and capital. …

Economics-2014: Answer Writing Challenge – 36

ARCHIVES 17 October 2014 Q1) Examine the role played by IMF in the settlement of the balance of payment problems of the member countries? (20 Marks) Q2)  Which would you prefer “growth led exports” or “export led growth” and why? Give reasons (20 Marks)

Economics-2014: Answer Writing Challenge – 35

ARCHIVES 16 October 2014 Q1) In the contemporary world of perfect capital mobility and fixed exchange rates why is the monetary policy ineffective to maintain equilibrium ? (20 Marks) Q2) Elaborate upon Gandhian versus Nehruvian visions of India’s development. Do you think Gandhian approach is again attracting scholars and the people? Give Reasons. ( 30 …

Economics – 2014: Answer Writing Challenge – 33

ARCHIVES 10 October 2014 Q1)Marginal Productivity theory of income distribution is analytically sound but in real life equally inapplicable. Discuss this statement (200 Words) Q2) Examine the role of indirect taxes in India’s Economic Development. (200 Words)

Economics – 2014: Answer Writing Challenge – 32

ARCHIVES 09 October 2014 Q1) New classical macro-economics not only rejects the demand management policies of Keynes but also the propositions of mainstream monetarist such as Friedman”. Do you agree ?( 200 Words) Q2) Bring out the role of State Finance Commission in India with particular reference to rural economy. (150 Words)

Economics-2015: Answer Writing Challenge – 31

ARCHIVES 08 October 2014 Q1) Explain the IS-LM approach of interest rate determination. Why this approach is considered superior? (200 Words) Q2) “Basically it is British colonialism that has led to economic backwardness and vicious circle of poverty in India”. Critically comment upon the statement by giving factual rationale in the light of state of …

Economics – 2014: Answer Writing Challenge – 30

ARCHIVES 07 October 2014 Q1) What are the salient differences between Fisher’s equation and Cambridge Equation of money ? Which of these do you prefer and why? (300 Words) Q2) Is the economic planning relevant in the context of globalized economy of India?Elucidate (200 Words)

Economics-2014: Answer Writing Challenge – 28

ARCHIVES 04 October 2014 Q1) Do you agree with the view that Keynes General Theory is a special case of the classical theory, obtained by imposing certain restrictive impositions on the latter? Elaborate (300 Words) Q2) Is Gandhi’s economic thought reconcilable with the economic thinking underlying India’s economic development? (200 Words)

Economics-2014: Answer Writing Challenge – 27

ARCHIVES 03 October 2014 Q1) Bring out the broad changes in the level of composition and direction of Indian exports and imports since liberalization in India? (200 Words) Q2) How do the Keynesians, monetarist and rational expectations advocate differ in their views with regard to trade-off between inflation and unemployment ? (200 Words)

Economics – 2014: Answer Writing Challenge – 26

ARCHIVES 02 October 2014 Q1) “New Classical Macroeconomics not only rejects the demand management policies of Keynes, but also the proposition of mainstream monetarist such as Friedman” Do you agree ? (200 Words) Q2) Outline Keynesian theory of income, output and employment. Do you subscribe to the view that the principle of effective demand is …