[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 25 March 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …

Inflation further exacerbates inequalities and affects poor the most. Discuss the policy measures that are needed to ensure that inequalities do not deepen amidst rising inflation.

Topic: Inclusive growth and issues arising from it 5. Inflation further exacerbates inequalities and affects poor the most. Discuss the policy measures that are needed to ensure that inequalities do not deepen amidst rising inflation. (250 words) Difficulty level: Moderate Reference: Indian Express Why the question: The Wholesale Price Index (WPI) and the Consumer Price …

Distinguish between demand pull and cost push inflation. Examine the factors that are causing inflation in India. What measures are needed to keep inflation under check?

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 4. Distinguish between demand pull and cost push inflation. Examine the factors that are causing inflation in India. What measures are needed to keep inflation under check? (250 words) Difficulty level: Moderate Reference: The Hindu Why the question: The recent …

What is inflation? How does inflation impact various macroeconomic parameters? Suggest measures that should be taken to keep the rate of inflation under accepted limits.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 3. What is inflation? How does inflation impact various macroeconomic parameters? Suggest measures that should be taken to keep the rate of inflation under accepted limits. (250 words) Difficulty level: Easy Reference: Insights on India Why the question: The question …

The monetary policy needs to maintain a balance between economic growth and high inflation. Why has the central bank kept the interest rates low? What is its impact? Examine the factors for the increasing rate of inflation in the economy and suggest steps that are needed to balance it.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 5. The monetary policy needs to maintain a balance between economic growth and high inflation. Why has the central bank kept the interest rates low? What is its impact? Examine the factors for the increasing rate of inflation in the …

What is the inflation? Differentiate between demand pull and cost push inflation? Highlight the supply-side factors behind recent inflationary trends in India.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.; 5. What is the inflation? Differentiate between demand pull and cost push inflation? Highlight the supply-side factors behind recent inflationary trends in India.  (250 words) Difficulty level: Moderate Reference: The Hindu Why the question: With the Union Budget 10 days …

The challenge of policymakers is to delicately balance the Inflation rate such that it is neither too high nor too low for a steady economy with optimum growth while creating demand. Analyse.

Topic: Inclusive growth and issues arising from it. 4. The challenge of policymakers is to delicately balance the Inflation rate such that it is neither too high nor too low for a steady economy with optimum growth while creating demand. Analyse. (250 words) Difficulty level: Moderate Reference: The Hindu Why the question: The latest data …

Ensuring price stability by monetary authorities is a necessary condition for the economy to sustain high growth. Analyse

Topic: Inclusive growth and issues arising from it. 5. Ensuring price stability by monetary authorities is a necessary condition for the economy to sustain high growth. Analyse (250 words) Difficulty level: Easy Reference: The Hindu Why the question: Key Demand of the question: To understand the dynamics between Inflation and economic growth and the role …

The Monetary Policy Committee (MPC) has to tread a tightrope between stimulating a economic growth and managing inflation in the country. Examine.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 4. The Monetary Policy Committee (MPC) has to tread a tightrope between stimulating a economic growth and managing inflation in the country. Examine. (250 words) Difficulty level: Easy Reference: Live Mint Why the question: The monetary policy committee (MPC) kept …

Examine the factors for the high rate of inflation in the Indian economy in the recent months. Suggest measures to keep the inflation within the Reserve Bank of India (RBI)’s tolerance band.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. 4. Examine the factors for the high rate of inflation in the Indian economy in the recent months. Suggest measures to keep the inflation within the Reserve Bank of India (RBI)’s tolerance band. (250 words) Difficulty level: Moderate Reference: The …

To contain food prices, Sri Lanka declares economic emergency

GS Paper 2: Topics covered: International relations   Context: President of Sri Lanka declared an economic emergency on account to contain inflation which saw a huge spike after a steep fall in valuation of its currency caused a spike in food prices What precipitated this unprecedented move? Since November 2019, the value of Sri Lankan …