Approach • Introduce with the need for export competitiveness • List shortcomings in export infrastructure • What steps were taken to improve export infrastructure • Conclude appropriately Model Answer : Over the last 25 years since India’s liberalisation, its foreign trade has expanded multifold. But India’s share in World Merchandise Exports over the last few years remained at around 1.7%. India’s poor export infrastructure remains … Continue reading India’s poor export infrastructure remains a major limitation on its export competitiveness. Discuss. Enumerate some of the steps the government of India is taking to improve our export infrastructure.
Approach: • Introduce with India’s potential for port-led development • Explain Sagarmala initiative with its components • Explain how it will help in port led development • Conclude appropriately Model Answer : India is richly endowed with natural maritime advantages, a strategic location for key international trade routes, and navigable and potentially navigable waterways. There is great potential for port-led development in India, but to … Continue reading The concept of “port led development” is central to the Sagarmala vision.” What is Sagarmala initiative and how can it help in achieving the aim of port led development.
Approach • Introduce with Greenfield and Brownfield investments • Briefly discuss how the policy differs slightly • Then discuss steps taken to promote foreign investment • Conclude appropriately Model Answer : Greenfield investment is the investment in new plants or investment in which a parent company or government begins a new venture by constructing new facilities, while Brownfield investment is the investment in an existing … Continue reading The FDI policy is being continuously revised to promote both the Greenfield and Brownfield investments but they are treated differently. Discuss along with the recent steps taken by government to boost foreign investment in India.
The distinction between plan and non-plan expenditure in budget had created schools without teachers and hospitals without doctors. In the light of this statement, discuss major issues pertaining to plan and non-plan distinction. Approach Introduce with the abolition of the plan and non-plan classification Highlight the major issues like focus on plan expenditure, excessive union control etc. Conclude appropriately Model Answer : The Union budget … Continue reading The distinction between plan and non-plan expenditure in budget had created schools without teachers and hospitals without doctors. In the light of this statement, discuss major issues pertaining to plan and non-plan distinction. Approach
Discuss the advantages and risks of crypto-currencies like the Bitcoin. Approach Introduce with the concept of cryptocurrency Discuss its advantages Highlight the risks Conclude with the government’s position that they have been outlawed Cryptocurrency is an electronic or digital currency that works on a peer-to-peer basis without the need for a trusted third party such as a governmental agency, bank etc. Cryptocurrencies have gotten impressive … Continue reading Discuss the advantages and risks of crypto-currencies like the Bitcoin.
Q31. With reference to the features of a perfectly competitive market, consider the following statements: 1. All firms in the market produce certain heterogeneous goods/services. 2. In such a market buyers must accept the prevailing prices but the sellers have the freedom to influence the prices. Which of the statements given above is/are correct? A. 1 only B. 2 only C. Both 1 and 2 … Continue reading Quiz-Q31. With reference to the features of a perfectly competitive market, consider the following statements:
Q20. Which of the following is/are part of the foreign exchange reserves of India? 1. Foreign Currency Assets (FCAs) 2. Gold 3. Special Drawing Rights (SDRs) Select the correct answer using the code given below: A. 1 only B. 1 and 2 only C. 2 and 3 only D. 1, 2 and 3 Answer: D Exp: Foreign exchange reserve is the foreign assets held by … Continue reading Quiz- Q20. Which of the following is/are part of the foreign exchange reserves of India?