Previous Year Paper Solution | Indian Economic Service Exam - 2009 | Indian Economics

Section - I

1. Attempt any FIVE parts of the following question. Answer to each part shold be of approximately 50 words.

Marks: 7 × 5 = 35

(a) Revenue Deficit and the FRBM Act

(Comment for solution.)


(b) Present structural ratios as regards Balance of Payments in India

(Comment for solution.)


(c) Narrow Banking vis-a-vis Universal Banking

(Comment for solution.)


(d) Foreign direct investment us Portfolio investment : trends in India

(Comment for solution.)


(e) Tarapore Committee recommendations

(Comment for solution.)


(f) Commponents of Gender Empowerment Measure (GEM)

(Comment for solution.)


(g) Weightage of major representative items in the Wholesale Price Index

(Comment for solution.)


Section - II

Attempt any seven of the following questions. Each answer is to be in about 150 words.

Marks: 15 × 7 = 105

2. Examine the areas in agriculture that have been accorded high priority in the 11th Five Year Plan.

(Comment for solution.)


3. Analyse the relative merits and demerits of institution-based and market-based financial systems.

(Comment for solution.)


4. Examine the social and international issues pertaining to child labour and bonded labour in India.

(Comment for solution.)


5. Bring out the trends in inequality and poverty in India Since 1991. Illustrate your answer with relevant data.

(Comment for solution.)


6. Giving the structure of the money market in India, explain how it helps the R.B.I. to manage liquidity.

(Comment for solution.)


7. Evaluate India's human development record in the global perspective.

(Comment for solution.)


8. Giving the background of the Constitutional provisions relating to fiscal and financial powers of the States, bring out the changing trends(s) in the relative shares of the Centre and the States as per the recommendations of successive Finance Commission.

(Comment for solution.)


9. Explain the major changes in India's tariff policy. Do you agree that quantitative restrictions have no role to play ?

(Comment for solution.)


10. Critically examine the goal of self-reliance in the context of planning in India.

(Comment for solution.)


Section - III

Attempt any two of the followig questions, in about 500 words each.

Marks: 30 × 2 = 60

11. "Though population pressure in often envisaged to act as the constraining factor on the process of economic growth in developing economies, India is credited to have realized a great 'demographic dividend'"
Explaining the statement above, bring out the major steps that need to be taken under economic policy to reap the advantage of this demographic dividend.

(Comment for solution.)


12. Analyse the working of the rural credit market in India. Discuss the cost-versus-availability of credit issue and bring out the lacunae in the delivery system. What role do you think micro-finance institutions have in this context ?

(Comment for solution.)


13. Discuss the functional objectives of SEBI, and critically examine the steps taken by it to regulate the functioning of the capital market in India.

(Comment for solution.)


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