ECONOMICS – Daily Answer Writing Challenge

Question 1 Describe the terms Capability poverty and human poverty? Bring out the similarities and differences. What are their various forms in the Indian economy since independence? (250 words) Question 2 Bring out the distinction between Marshallian and Walrasian approaches to Price determination.(250 words)

ECONOMICS – Daily Answer Writing Challenge

Question 1  Give short notes on a) A.K Sen’s Poverty Alleviation Strategy (100 words). b) A.K Sen’s Capability approach (100 words).  Also elaborate the relationship between the two (100 words). Question 2 Examine the importance of ‘Cost of Service approach’ in Taxation in India. (200 words)  

ECONOMICS – Daily Answer Writing Challenge

Question 1 What do you think constitutes Globalisation? How far have we moved in the process of Globalisation? What are the short run and long run benefits of Globalisation? (200 words) Question 2 What is Capital Account Convertibility? What are the major challenges for India to move towards it?  (200 words) Question 3 A) Distinguish Portfolio management …

ECONOMICS – Daily Answer Writing Challenge

Question 1. Enumerate the role of deficit financing as a mode either of productive mobilisation of domestic factor endowments or of generating effective demand for domestic goods and services in Indian Economic context since 1970s. (200 words) Question 2. Write an account of the problem of increasing unemployment and under-employment in the Indian Economy. Are the …

ECONOMICS – Daily Answer Writing Challenge

Question 1. Bring out the relationship between price and wage policy. (200 words) Question 2. Describe the fiscal and monetary policies of economics stabilisation. Make a comparative analysis of their effectiveness in developed and developing nations. (200 words)

ECONOMICS – Daily Answer Writing Challenge

Question 1. “The distinction between micro and macro economics is getting narrower and narrower day by day. Recent developments in economic theory suggest that there are micro foundations of macro-economics just as there are macro foundations of micro-economics.” Elucidate with adequate and appropriate references to economic analyses. Question 2. What is fiscal deficit? Comment on India’s …

ECONOMICS – Daily Answer Writing Challenge

Question 1. Satisfying the conditions of Pareto- optimality is necessary but not sufficient for maximising social welfare. Comment. (200 words) Question 2. “Supply creates its own demand”. Compare and contrast the traditional versus the modern interpretation of the statement. (200 words)

ECONOMICS – Daily Answer Writing Challenge

Question 1 a)State and explain Coase theorem.  (150 words) b) What is money multiplier? What are its determinants? (150 words) Question 2 What is liquidity trap? Explain the trap from the standpoint of both Demand for money and supply of money considered separately. Examine the policy implications of existence of trap. (200 words)

ECONOMICS – Daily Answer Writing Challenge

1. State the two fundamental theorems of Welfare Economics and comment on their contemporary relevance. (200 words) 2.         a) What is Moral Hazard? Discuss with an example. (150 words)              b) Explain ‘Free- rider’ problem. Suggest possible solutions. (150 words)

Insights Daily Current Events November 15, 2013

ARCHIVES DOWNLOAD OUR FREE MAGAZINE November 15, 2013  NATIONAL Northeast a major hub for trafficking in gecko The northeast has emerged as a major hub for trafficking in gecko in the last one year. This came to light following the recent arrest of several persons, including a former militant leader. Rhinos, tigers and elephants have …

Economics – Daily Answer Writing Challenge Day – 1

QUESTIONS: 21/10/2013 (Paper – II) Compare and contrast the ‘Swadeshi’ of 1905 and the ‘Swadeshi’ promoted later by Mahatma Gandhi. (200 Words) What were the shortages faced by the manufacturing sector at the dawn of Independence? (100 Words) Critically assess the Tendulkar committee’s approach to measuring poverty in India. (150 Words)  

Aftershocks Of ‘Policy Paralysis’

People at the helm still blame Eurozone crisis for India’s economic problems. The same people were jubilant two years ago when India somehow managed decent growth despite severe global economic crisis. The reason for their jubilation was that  they believed that Indian economy was decoupled from the crisis-hit economies of the West. Now, this reasoning seems to …