(Topic-Wise Mains Papers) Paper-V: Economics of India (भारत की अर्थव्यवस्था)

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Paper–V (General Studies- III: Economics and Geography) (200 Marks)

Part 01: Economics of India & Chhattisgarh (75 Marks)

Syllabus|| National and per capita income

2018

  1. Which services includes in tertiary sector for the calculation of National Income in India? (2 marks)

2017

  1. What is meant by whole sale price index? (2 marks)
  2. How does NSSO measure national income in India? (4 marks)

2016

  1. What do you mean by National Income? (2 marks)
  2. What is the basis of determination of poverty line in India? (2 marks)

2015

  1. What do you understand by Disposable Income? (2 marks)

2014

  1. How does Tendulkar Committee define poverty line in India? (2 marks)
  2. Differentiate between Gross Domestic Product (at factor cost) and Gross Domestic Product (at market price). (2 marks)
  3. In constant price of 2004-05, what per capita income and its growth rate are estimated in the year 2014-15 in Chhattisgarh? (2 marks)

2013

  1. How is poverty line fixed in India? (2 marks)
  2. Discuss the inter-relationship between Gross Domestic Product and work force. (40/3 marks)

2012

  1. What is Gross Domestic Product at factor cost? (2 marks)

Syllabus|| Structural changes in the Indian Economy (GDP and work force), Changes in the role of Public and Private Sectors and their shares in the total plan outlay of the latest plan, Economic Reforms

2018

  1. What do you understand by liberalization? (2 marks)
  2. Write a short note on NITI Aayog? (2 marks)

2017

  1. What do you mean by economic growth? (2 marks)
  2. What is the role of planning in India’s liberalized economy? (2 marks)
  3. What is the rationale for planning in India? (4 marks)
  4. Discuss Govt policy towards public sector in period of economic reforms. (40/3 marks)

2016

  1. What are the objectives of establishment of NITI Aayog? (2 marks)
  2. What is meant by inclusive growth? (2 marks)
  3. What is Bharat Nirman Yojana? (2 marks)
  4. What is plan expenditure? (2 marks)
  5. Explain the trends of recent changes in Indian economy. (4 marks)

2015

  1. What is the meaning of ‘indicative planning’? (2 marks)
  2. What is meant by LPG strategy? (2 marks)
  3. Differentiate between physical planning and financial planning. (4 marks)
  4. ‘The failure of Govt Enterprises can be solved through privatization.’ Give your views on the statement. (4 marks)
  5. After 1991, explain the impact of liberalization in India. (40/3 marks)

2014

  1. What is the concept of Public-Private Partnership (PPP)? (2 marks)
  2. Mention the objectives of ‘Sinking Fund’. (2 marks)
  3. What is Gandhian strategy of planning? (2 marks)

2013

  1. Differentiate between Indicative Planning and Imperative Planning. (2 marks)

2012

  1. What is the difference between infrastructure and core industry? (2 marks)
  2. What is largest source of capital formation in Indian economy? Which sectors contribute in that? (4 marks)
  3. Explain briefly the changing composition of Gross Domestic Product and trends of economic growth in India. (4 marks)
  4. What is inclusive growth? (2 marks)
  5. What is the difference between rapid growth and sustainable growth? (2 marks)
  6. Why was the need of economic reforms in India in the year 1991? Explain. (8 marks)

Syllabus|| Problems of poverty and unemployment, magnitude and measures initiative to ameliorate them

2018

  1. How the unemployment rate is calculated? What is the present unemployment rate of India? (4 marks)
  2. Evaluate the poverty alleviation programs of Govt of India. (15 marks)

2017

  1. Point out importance of demographic dividend for India. (2 marks)
  2. What do you understand by absolute measure? (2 marks)
  3. Explain disguised unemployment. (4 marks)
  4. What is the concept of rural development? Explain it. (10 marks)

2016

  1. What is demographic dividend? Explain. (2 marks)
  2. Explain the meaning of structural unemployment. (2 marks)
  3. Explain the salient features and the achievements of Mahatma Gandhi National Rural Employment Guarantee Act. Also mention the challenges of implementation of this Act. What is the concept of rural development? Explain it. (40 marks)

2015

  1. How is unemployment measured in India? (2 marks)
  2. What are the main objectives of Deen Dayal Upadhyay Gramin Kaushal Yojana? (2 marks)
  3. What are the main objectives of National Rural Livelihood Mission? Explain. (4 marks)
  4. Give your opinion on the income inequality in Chhattisgarh. (4 marks)
  5. What are the recent trends of employment in India? Briefly discuss. (8 marks)
  6.  

2014

  1. What is frictional unemployment? (2 marks)
  2. What is right to work? How does MNREGA scheme have been successful in achieving its objectives in Chhattisgarh? Explain. (8 marks)
  3. Discuss the policy of poverty alleviation and employment generation in India. (40/3 marks)

2013

  1. What is demographic dividend?  Why it is important for India? (2 marks)
  2. What are the parameters of poverty in India? (4 marks)

2012

  1. According to Bhagwati Committee (1973), what are the methods for measuring unemployment? (4 marks)

Syllabus|| Monetary Policy– structure of Indian Banking and non-banking financial institutions and reforms in them since 1990s. Regulation of Credit by RBI

2018

  1. What do you understand by Cheap Money Policy? (2 marks)
  2. Differentiate between Repo Rate and Reverse Repo Rate. (4 marks)

2017

  1. Explain the various measurements adopted for supply of money in India. (40/3 marks)

2016

  1. Explain Repo Rate and Reverse Repo Rate. (2 marks)
  2. Explain the new policy of the year 2017-18 of RBI. (4 marks)
  3. Explain the rationale of Prime Minister Jan Dhan Yojana. (4 marks)

2015

  1. How does RBI control inflation in the country? What steps have been taken in the last few years in this regard while maintaining a reasonable growth? Discuss. (40/3 marks)

2014

  1. Why is inflation being increasingly linked with Consumer Price Index in India? (4 marks)

2013

  1. What do you mean by non-banking financial institutions? (2 marks)
  2. What is Lead Bank Scheme? (2 marks)
  3. Discuss the components of Monetary Policy in India. (8 marks)

2012

  1. What do you mean by Reverse Repo Rate? (2 marks)
  2. What is the difference between Cash Reserve Ratio and Statutory Liquidity Ratio? (2 marks)
  3. What do you understand by convertibility of Rupee? Clarify in the context of current and capital accounts. (20 marks)

Syllabus|| Pattern of Revenue, Expenditure, Public Debt, fiscal deficit and effects on the Economy.

2018

  1. What are the non-tax resources of central Govt? (8 marks)
  2. Discuss the main reasons of growth in public expenditure. (8 marks)

2017

  1. What do you mean by public finance? (2 marks)
  2. Explain strategic sales. (2 marks)
  3. What is tax? (2 marks)
  4. How can public expenditure be used for influencing the level of economic activity? (8 marks)
  5. What are the financial provisions of Indian Constitution? (8 marks)
  6. Discuss the effects of public debt on consumption, investment and employment. (40/3 marks)

2016

  1. What is fiscal deficit? Explain its impact on the economic development of nation. (8 marks)

2015

  1. What is Green Accounting? (2 marks)
  2. Explain the duties and powers of Comptroller and Auditor General of India. (8 marks)
  3. Describe fiscal deficit and its effects on Indian economy. (40/3 marks)

2014

  1. Whether income generation is the only objective of imposing tax by the Govt? (2 marks)
  2. What is value added tax (VAT)? (2 marks)
  3. Define Capital Account. (2 marks)
  4. Discuss the various sources of Public Revenue in India. (4 marks)
  5. In what respect does a Central Plan differ from a State Plan in India? (4 marks)
  6. What are the levels of imposition of taxes in India and why are taxes imposed at various levels? (4 marks)
  7. Discuss the main features of fiscal policy in India. (40/3 marks)

2013

  1. What is the difference between Indian money market and capital market? (4 marks)
  2. What are the benefits and burdens of public debt? How does public debt effect inflation of a country? (40/3 marks)
  3. What are the relations between public debt and monetary policy? (40/3 marks)

2012

  1. What is Primary Deficit? Why there is need for its measurement? (4 marks)
  2. What measures can be suggested to improve fiscal deficit in India? (8 marks)

further reading

All subjects Topic-wise Mains Papers


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