Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Q5. Discuss the economic significance of foreign exchange reserves for a developing economy like India. Examine the factors responsible for pressure on India’s forex reserves in recent years. Evaluate the limitations of reserve depletion as a strategy to defend the …
Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment Q6. Dollar dominance in global trade and finance constrains the monetary autonomy of emerging economies. Analyse the factors sustaining dollar hegemony. Evaluate its impact on India’s external economic policy. (10 M) Difficulty Level: Medium Reference: NIE Why the question The …
Source: BS Context: India’s foreign exchange reserves surged by $4.5 billion, crossing the $702 billion mark for the first time, mainly due to a sharp rise in gold reserves valued at over $108.5 billion. The rise was driven by RBI’s gold purchases and an increase in global gold prices, while foreign currency assets slightly declined …
Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment Q5. What are the macroeconomic consequences of sustained Foreign Portfolio Investors (FPIs) outflows? Suggest measures to mitigate their impact on the Rupee. (10 M) Difficulty Level: Medium Reference: TH Why the question Recent reports of sustained FPI outflows in July–Sept …
Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment Q5. What role can monetary and fiscal policies play in safeguarding tariff-affected sectors? Analyse the limitations of RBI interventions. Suggest long-term institutional reforms for external sector stability. (15 M) Difficulty Level: Medium Reference: NIE Why the question RBI Governor assures …
Syllabus: Economy Source: IE Context: The RBI’s 2023-24 Remittances Survey reveals a historic shift: Advanced Economies (AEs) now contribute over 50% of India’s remittances, surpassing the Gulf (37.9%) for the first time. This reflects changing migration patterns and economic priorities. Key Findings of RBI’s Remittances Survey (2023-24) Dominance of Advanced Economies: USA (27.7%), UK (10.8%), Singapore (6.6%), Canada (3.8%), and Australia (3.1%) lead …
Syllabus: Economics Source: IE Context: The Economic Survey 2024-25, tabled by Union Finance Minister Nirmala Sitharaman, provides a comprehensive analysis of India’s economic performance and outlines key challenges and opportunities for sustainable growth. Summary and Key Takeaways from Economic Survey 2025: Global Economic Context: Global growth slowed to 3.3% in 2023, with IMF projecting an …
Continue reading “Economic Survey 2024-25 Summary: Key Highlights, Growth Trends & Insights”
GS Paper 3: Topics Covered: Indian Economy and issues related to planning. Context: India’s forex reserves have dropped below $600 billion, plunging by about $45 billion since September 3, 2021, when forex reserves stood at an all-time high of $642 billion. Reasons behind drop in India’s forex reserves: The drop is because of …
Continue reading “Why is there a fall in India’s foreign exchange reserves?”
