Distinguish between GDP at factor cost and GDP at market prices. Examine their relevance for fiscal policymaking in India.

Topic: National Income Accounting Q6. Distinguish between GDP at factor cost and GDP at market prices. Examine their relevance for fiscal policymaking in India. (10 M) Difficulty Level: Medium Reference: InsightsIAS Why the question National income indicators form the basis of fiscal planning, deficit targeting, and tax policy in India, especially after the shift to …

The union budget has outlined our commitment to a net-zero future but a roadmap for seamless energy transition without compromising our energy security is the need of the hour. Discuss. (250 words)

Topic: Government Budgeting. 5. The union budget has outlined our commitment to a net-zero future but a roadmap for seamless energy transition without compromising our energy security is the need of the hour. Discuss. (250 words) Difficulty level: Moderate Reference: Live Mint   Why the question: Two-and-a-half months after Prime Minister Narendra Modi announced India’s …