Previous Year Paper Solution | Indian Economic Service Exam - 2013 | Indian Economics

Section - A

1. Answer all nine parts of the following. Answer to each part should be about 50 words:

Marks: 5 × 9 = 45

(a) Differentiate between self-sufficiency and self-reliance as an objective of Indian planning.

(Comment for solution.)


(b) Mention five issues of conflict between Centre and States financial relations.

(Comment for solution.)


(c) Malthus made a case for delayed marriages to control population but he was silent on different age specifications for male and female. Why, in India, we have different minimum ages for marriage for boys and girls?

(Comment for solution.)


(d) Define and distinguish between primaary poverty and secondary poverty in Inidan context.

(Comment for solution.)


(e) Give arguments against subsidies in India.

(Comment for solution.)


(f) Mention economic and non-economic factors affecting migration from rural areas to urban areas in India.

(Comment for solution.)


(g) Conceptualise medium enterprises as per MSMED Act, 2006.

(Comment for solution.)


(h) Differentiate between narrow banking and universal banking in Indian context.

(Comment for solution.)


(i) Explain the difficulties in implementa-tion of Ban on Child Labour in India.

(Comment for solution.)


Section - B

Answer any seven of the following questions. Each answer should be in about 150 words:

Marks: 15 × 7 = 105

2. Examine Wage Goods Development Strategy as an alternative to Mahalanobis Develop-ment Model at the time of Second Five-Year Plan.

(Comment for solution.)


3. Critically examine the State financiers and suggest altenative sources of financing a State Government other than grants and loans from the Central Government.

(Comment for solution.)


4. Comment on Swarna Jayanti Shahari Rozgar Yojana (SJSRY) for removing urban poverty and unemployment in India.

(Comment for solution.)


5. Discuss the major weaknesses in Agricultural Price Policy of India. Suggest suitable remedial measurs.

(Comment for solution.)


6. Justify level-playing-field for various categories of Indian industries for coexistence.

(Comment for solution.)


7. Examine the changing role of Reserve Bank of India (RBI) since 1991.

(Comment for solution.)


8. Examine critically the recommendations of Second National Commission on Labour.

(Comment for solution.)


9. Discuss the major problems in implemen-tation of Fiscal Responsibility and Budget Management (FRBM) Act in India.

(Comment for solution.)


Section - C

Answer any two of the following questions in about 250 words each:

Marks: 25 × 2 = 50

10. Distinguish between various concepts of Consumer Price Index (CPI) in India. Which of them is used for compensating the employees for inflation and why?

(Comment for solution.)


11. Why is the value of Indian rupee depreciating in recent times? Discuss its implications on Current Account Deficit (CAD) and Fiscal Deficit (FD). Are the measures taken by the Government and the RBI sufficient? If not, what should be done?

(Comment for solution.)


12. Comment on the various sources of industrial financing in India for conducive industrial climate. Suggest suitable alter-native sources for strengthening industrial financing.

(Comment for solution.)


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