Previous Year Paper Solution | Indian Economic Service Exam - 2022 | Indian Economics

Section - A

1. Answer all six parts from this section. Answr to each should be in about 100 words.

Marks: 5 × 6 = 30

(a) Write down the key recommendations of the 15th Finance Commission of India.

(Comment for solution.)


(b) What are the basic approaches of financial sector reforms in India ?

(Comment for solution.)


(c) Discuss how e-NAM and derivatives market linkages can benefit farmers in India.

(Comment for solution.)


(d) Discuss the role of Monetary Policy Committee (MPC) in India in the context of inflation targeting.

(Comment for solution.)


(e) Write down the main features of foreign trade policy (2015-20) of India.

(Comment for solution.)


(f) Analyse the trends in 'Fuel and Power' inflation in India based on WPI.

(Comment for solution.)


Section - B

Answer any six questions from this section. Answer to each should be in about 200 words.

Marks: 15 × 6 = 90

2. "India has a worse underemployment problem than unemployment." Do you agree? Give reasons.

(Comment for solution.)


3. Analyse the performance of commodity futures markets in India. Critically evaluate the working of Forward Markets Commission (FMC) in India.

(Comment for solution.)


4. Describe the measures taken by the Government of India to tackle the problem of black money. To what extent these measures are successful in addressing the problem ?

(Comment for solution.)


5. What is competition policy ? Why do we need a national competition policy (NCP) ? How does NCP affect economic growth in India ?

(Comment for solution.)


6. Discuss the opportunities and challenges of India's insurance sector. How the insurance sector reforms can resolve these challenges ?

(Comment for solution.)


7. Analyse the effects of tariff protections on domestic industries in India. Evaluate India's trade openness and tariff policy since the 1991 reforms.

(Comment for solution.)


8. Explain the rationale for various monetary policy measures undertaken by the RBI during COVID-19 Pandemic in India.

(Comment for solution.)


9. How is core inflation different from CPI headline inflation ? What is the rationale in measuring core inflation ? Explain.

(Comment for solution.)


10. What is the Aspirational Districts Programme of the Government of India ? Discuss how it is a manifestation of the inclusive development agenda.

(Comment for solution.)


Section - C

Answer any four questions from this section. Answer to each should be in about 300 words.

Marks: 20 × 4 = 80

11. (a) Differentiate between the strategies for self-reliance through protection and self-reliance through globalisation.

(Comment for solution.)


(b) Evaluate Public Expenditure Management Policy as an instrument of fiscal reforms in India.

(Comment for solution.)


12. What are the basic principles of fiscal management in India ? Discuss the role of FRBM rules (2004) to improve the fiscal health at sub-national level.

(Comment for solution.)


13. (a) Critically examine whether growing population is the cause of poverty or poverty is the main cause of population growth in India.

(Comment for solution.)


(b) Analyse the trend in consumption inequality in India since the early 1990s.

(Comment for solution.)


14. Examine the complementarity between technological change and institutional change in enhancing agricultural growth in India. Suggest some measures for adoption of technologies for sustainable farming system in India.

(Comment for solution.)


15. Discuss the characteristic features of internal migration in India. Explain how urbanisation is linked with migration. What are the major determinants of rural to urban migration in large agglomerations in India ?

(Comment for solution.)


16. Analyse the complementarity, difference and integration between Foreign Direct Investment (FDI) an Foreign Portfolio Investment (FPI). "FDI is necessary but not sufficient condition for economic growth in India". Critically examine.

(Comment for solution.)


No comments:

Post a Comment