UPSC CURRENT AFFAIRS – 2 October 2024 covers important current affairs of the day, their backward linkages, their relevance for Prelims exam and MCQs on main articles InstaLinks : Insta Links help you think beyond the current affairs issue and help you think multidimensionally to develop depth in your understanding of these issues. These …
Syllabus: Economics & Diamond industry Source: TH Context: The Indian diamond industry, particularly in Surat, is facing a significant downturn due to global geopolitical tensions, especially the Russia-Ukraine war and the Gaza conflict. This has severely affected raw diamond supply and global demand, leading to widespread job losses and economic challenges in India’s diamond sector. …
ARCHIVES 12 September 2014 Q) How does portfolio balance approach differ from monetary approach in determining the exchange rate? (200 Words) Q) If all assumptions hold true how does the trade between nations tend to bring about equalization of factor prices (250 Words)
ARCHIVES 09 September 2014 1) Would a flexible exchange rate regime serve India better than a fixed exchange rate regime in the current international scenario? (150 words) 2) Elucidate how does Kalecki’s theory of distribution share the value of output between labour and capital? (200 words)
ARCHIVES 08 September 2014 1) Distinguish between fiscal federalism and political federalism. How has fiscal federalism been evolving in relation to special category states in particular and other states in general? (250 words) 2) Is rent a surplus? Give reasons in support of your assertion and point out the difference between “rent” and “quasi rent”? …
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ARCHIVES 06 September 2014 Q1) Why are trading blocks formed? Explain the welfare impact of such trading blocks for non member countries? (250 words) Q2) “Industrial development and environmental degradation are highly correlated”. If it is true what should be in your opinion the policy options for industrialization process vis–a-vis pollution control? (250 words)
ARCHIVES 05 September 2014 1) Explain the salient features of the Fiscal Responsibility and Budget Management Act. Explain to what extent has the government of India been able to adhere to the provisions of this act? (350 words) 2) Why is capital inflow through multinationals corporations preferred over foreign debt? (300 words)
ARCHIVES 04 September 2014 1) What are the factors which determine the size and composition of national income ? In this respect contrast the scenarios between pre and post liberalization periods. (300 Words) 2) Show different stage of production life cycle. How do the shortcomings of diffusion lag of new technologies in recent years cause …
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ARCHIVES 03 September 2014 1) A number of production lines were reserved for the small scale sector in the pre-liberalization period. Did such reservation achieve its objectives? Explain in detail (300 words) 2) Distinguish between Currency Board Arrangement and dollarization. Why would a nation adopt one or the other? (150 words) 3) What is prisoner’s …
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ARCHIVES 02 September 2014 1) Distinguish between backwash and spread effects of Myrdal. How do they operate in backward economies? (250 words) 2) “The solution to long term development needs of India lies in promoting public private partnership”. Discuss (250 words)
ARCHIVES 01 September 2014 1) How was the Jute industry affected after partition? What remedial measures were taken to arrest its decline? (250 words) 2) Discuss the various measures of poverty with policy implications for removal of poverty. (250 words)
ECONOMICS – Daily Answer Writing Challenge, 28 July 2014 1) Compare the strategies of trickle down growth with inclusive growth. Why should the strategy of inclusive growth be preferred? (250 words)
ECONOMICS – Daily Answer Writing Challenge, 25 July 2014 1) Distinguish between cooperative, contractual and corporate farming. Which of these is best suited for India and why? (250 words)
ECONOMICS – Daily Answer Writing Challenge, 24 July 2014 1) Population is not just a denominator to deflate aggregates. It is determined by the level and pattern of economic development” Comment. (250 words) 2) Why are trading blocks formed? Explain the welfare impact of such trading blocks for non-member countries? (200 words)
ECONOMICS – Daily Answer Writing Challenge, 23 July 2014 1) Explain why in spite of economic planning income-distribution has turned more unequal through time? (200 Words) 2) “Transaction demand for money is interest rate elastic”. Explain in reference to the post Keynesian theories of demand for money? (200 words)
ECONOMICS – Daily Answer Writing Challenge, 22 July 2014 1) Trace the growth of real per capita income in India in the pre liberalisation period, keeping in view the interplay of increasing population and increasing real national income ( 300 words) 2) What do you mean by money multiplier? What are the factors that determine …
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ECONOMICS – Daily Answer Writing Challenge, 21 July 2014 1) What do you mean by Hindu rate of growth? Why has it been argued that poverty cannot be eradicated under Hindu rate of Growth? (200 words) 2) Examine Kalecki’s model of distribution. Do you consider it a correct explanation of distribution? (300 words)
ECONOMICS – Daily Answer Writing Challenge, 19 July 2014 1) How is GST different from VAT? What is the grand bargain suggested by the Thirteenth Finance Commission for implementation of GST? (300 words) 2) What are the fiscal and monetary implications of vertical IS and vertical LM curves? (250 words)
ECONOMICS – Daily Answer Writing Challenge, 18 July 2014 1) During the British rule, commercialization of agriculture was forced on the farmers, while now it is the need of the hour. Discuss (150 words) 2) “Pareto criterion does not give us sufficient basis of ordering states. The Kaldor-Hicks-Scitovsky criteria do not carry us much further.” …
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ECONOMICS: Daily Answer Writing Challenge, 17 July 2014 1) Discuss in detail the views of VKRV Rao on deficit financing? (150 words) 2) How would a supply shock such as an exogenous increase in the price of oil, affect the aggregate price level and the level of real output in the new classical model? (200 …
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