ECONOMICS – Daily Answer Writing Challenge, 09 July 2014 1) If workers supply labour on the basis of an expected real wage, how is the aggregate supply of output determined in the economy? Suppose aggregate demand and supply are below the natural rate of employment and output. Would the new classical economist advocate any particular …
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ECONOMICS – Daily Answer Writing Challenge, July 08, 2014 1) Under Bertrand price competition with homogenous products in an oligopoly demonstrate how is the equilibrium price that will prevail arrive at ? (300 words) 2) What relationship do you see between the problems many countries have experienced with money supply targeting and the move to …
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ECONOMICS – Answer Writing Challenge, July 7, 2014 1) Explain the determination of output and employment in a macroeconomy under the conditions when individual are subject to i) no money illusion ii) money illusion (200 words) 2) An individual finds that all his receipts (including income) and payment transactions are in the form of …
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ECONOMICS – Daily Answer Writing Challenge, 05 July 2014 1) Account for the changes in employment pattern in India after liberalization. What are your suggestions for employment security in the “informal” sector of the economy? Discuss. (300 words) 2) “Speculators may do no harm as bubbles on a steady state of enterprise, but the position …
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Non-performing Assets (NPAs) INTRODUCTION In the last article on “Understanding the banking system“, we had discussed the Basel norms. We learnt what Basel norms are and why they hold such importance for the Indian banking system. Then we understood the challenges the banks will have to face in implementing them. Further, we suggested a …
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ECONOMICS – Daily Answer Writing Challenge, 04 July 2014 1) Accelerated growth of tertiary sector during the past two decades in Indian Economy has posed multiple challenges. Discuss (300 Words) 2) Explain what it means to say that we have perfect capital mobility. Why the Balance of Payment schedule is horizontal in the case of …
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ECONOMICS – Daily Answer Writing Challenge, 03 July 2014 1) Indian planning structure and system still remains largely in favor of a centralized system of planning. The 73rd and 74th Constitutional Amendments have hardly brought about any change in reality in the nature of Indian planning process”. Critically evaluate this statement .(300 words) 2) Analyze …
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ECONOMICS – Daily Answer Writing Challenge, July 2, 2014 1.What is the present policy of disinvestment of the Government of India? What modification can be introduced in order to make it fruit bearing? (200 Words) 2.What are the major objectives of the Direct Tax Code Bill, 2010 ? Will it be effective in generating enhanced …
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ECONOMICS – Daily Answer Writing Challenge, July 1, 2014 1.Write on “dichotomy of development” and “urban bias” in Indian Economy. (150 words) 2.What is “crony capitalism”? How it compromises economic and social justice issues? Explain. (150 words) 3.Explain the concept of rational expectations. How does this view of how expectations are formed differ from the …
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ECONOMICS – Daily Answer Writing Challenge, June 30, 2014 1.What are the key initiatives proposed in foreign trade policy. 2009-14 for market diversification and technological upgradation to give a boost to export? (150 words) 2.Compare Keynesian and Monetarist views on how the velocity of money is determined. How do their differing views on velocity …
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[toc] Introduction Banking system is the backbone of any nation’s economy. For an economy to remain healthy and going, it is important that the banking system grows fast and yet be stable. This catches the biggest dilemma of policymakers. How to achieve both the objectives simultaneously? Over a period of time, several indicators have been …
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ECONOMICS: Daily Answer Writing Challenge, June 28, 2014 1.”Partial Capital Account Convertibility cannot serve the purpose of integrating Indian Economy with global economy” analyse critically . (150 words) 2.” Money is more important in the Keynesian system than in the classical system”. Do you agree? Or would you maintain that the opposite is true? (150 …
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ECONOMICS: Daily Answer Writing Challenge, June 27, 2014 1.Do you agree that focused and target oriented technological interventions under National Food Security Mission (NFSM) have made significant impact since its inception? Justify? (150 words) 2.Why are we so assured that when the money and product market are in equilibrium, the bond market will also …
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ECONOMICS – Daily Answer Writing Challenge, June 26, 2014 1.Inflation is not purely a monetary phenomenon in India and hence scope of monetary policy of RBI to contain it is limited. Discuss (300 words) 2. Explain the relationship between the effectiveness of monetary policy and the interest elasticity of investment. Will the monetary policy …
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ECONOMICS – Daily Answer Writing Challenge, June 25, 2014 Transformation of rural sector is key to economic development as it sustains two-thirds of Indian population. How physical connectivity, electronic connectivity and knowledge connectivity may be helpful in this transformation? Explain the linkages.(300 words) What variables will shift the position of LM schedule? Explain how …
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ECONOMICS – Daily Answer Writing Challenge, June 24, 2014 How are the absolute and relative poverty measured? What modification in it has been suggested by Amartya Sen? What are the recent advances in the area of poverty measurement? Discuss. (300 words) Explain the Keynesian theory of interest rate determination. What differences do you see …
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ECONOMICS – Daily Answer Writing Challenge, June 23, 2014 ” A close connection between the finances on the one hand, and politics and administration on the other hand, and the influence of the latter on former cannot be avoided. This is all the more true in India”. Do you agree with this statement of C. …
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ECONOMICS – Daily Answer Writing Challenge, June 21, 2014 An underdeveloped money and capital market has been a major cause of slow economic growth in India.” In the light of this statement, give relative importance of financial sector vis-a-vis real sector in Indian Economy? (300 words) Explain how the origin of Keynesian revolution can be …
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ECONOMICS – Daily Answer Writing Challenge, June 20, 2014 What are the components of Land Reform in India? Has it been completed? If not, then what are the obstacles? (150 words) What are the differences between Fisherian and Cambridge version of the quantity theory of money? (250 words)
ECONOMICS – Daily Answer Writing Challenge, June 19, 2014 How is the development looked upon by A.K. Sen in terms of freedom and poverty as unfreedoms? Point out his narration of five dimensions of poverty. (150 words) State the basic features of Mahalanobis model. (150 words)
