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.

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 …

Evaluate the limitations of nominal GDP as an indicator of economic strength. Highlight the distortions arising from exchange rate volatility. Propose alternative indicators for a holistic assessment of economic performance.

Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment Q4.  Evaluate the limitations of nominal GDP as an indicator of economic strength. Highlight the distortions arising from exchange rate volatility. Propose alternative indicators for a holistic assessment of economic performance. (15 M) Difficulty Level: Medium Reference: IE Why the …