Section - A

1. Answer all the following six parts in about 100 words each:

Marks: 5 × 6 = 30

(a) Enumerate constitutional provisions relating to financial relations between the Centre and the States.

(Comment for solution.)

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(b) Distinguish between revenue deficit, effective revenue deficit, fiscal deficit and primary deficit.

(Comment for solution.)

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(c) Why is India's human development record still poor in spite of higher GDP growth rate?

(Comment for solution.)

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(d) "Bonded labour continues to exist in India despit Government's efforts to regulate it." Comment.

(Comment for solution.)

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(e) Is increasing urbanization in India the result of push factors rather than pull factors? Discuss.

(Comment for solution.)

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(f) Disinvestment policy of the Government has failed to deliver desired results. Do you agree? Give reasons.

(Comment for solution.)

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Section - B

Answer any six out of the following seven questions in about 200 words each:

Marks: 5 × 6 = 30

2. Do you think that the recommendations of the Fourteenth Finance Commission will help in promoting cooperative federalism in the country?

(Comment for solution.)

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3. Despite increased collections from taxes, tax-GDP ratio in the case of Central Government Continues to be stagnant. Give reasons.

(Comment for solution.)

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4. Comment on the present poverty line and poverty ratio debate in India.

(Comment for solution.)

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5. Discuss recent initiatives undertaken by the Government to boost industrial growth in India.

(Comment for solution.)

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6. India is presently facing dual challenges of developing skills and using skills. Discuss.

(Comment for solution.)

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7. Enumerate reasons for decline in growth rate of India's exports.

(Comment for solution.)

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8. What are the factors responsible for deterioration in the asset quality of banks in India?

(Comment for solution.)

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Section - C

Answer any four out of the following six questions in about 300 words each:

Marks: 20 × 4 = 80

9. Do you think that the Union Budget (2016-17) is pro-poor? Give reasons in support of your answer.

(Comment for solution.)

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10. Analyze the extent to which the composition and direction of India's foreign trade have undergone changes during last ten years.

(Comment for solution.)

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11. Point out the problems of Indian capital market. In this context, evaluate the role of SEBI in strengthening capital market.

(Comment for solution.)

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12. MSMEs have a critical role in boosting industrial growth in India and ensuring the success of the 'Make in India' programme. Explain.

(Comment for solution.)

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13. "Green Revolution in India has improved Indian farming but has failed to address challenges." Do you agree? Give reasons in support of your answer.

(Comment for solution.)

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14. Do you agree with the view that the process of globalization in India has led to 'unequal competition'?

(Comment for solution.)

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