UPSC

IAS MAINS - 2016

EXPECTED QUESTIONS ECONOMICS TEST

1. “Inclusion of Chinese Yuan (CRY) in the Special Drawing Rights would

diversify the basket and make it more representative of the world’s major
currencies”, Discuss the possible impact of inclusion of Yuan in the SDR
and on Indian Economy.
2. “The Marginal Cost of funds based lending rate methodology for
computing interest rates will make Indian Banks more Competitive and
enhance their long run value and contribution to the economy”. Discuss
3. “A Strong Corporate Governance reforms is essential for the country in
order to provide for an orderly and transparent business environment and
increase the confidence of domestic and international investors.” Examine
the reforms carried out in Indian Economy in the light of the above
statement.
4. The establishment of New Development Bank by the BRICS consortium
would act not only as an economic instrument but as an initiative that
symbolised an assertion of political sovereignty of the emerging
economies - Discuss.
5. “Independent India has averted famines but chronic malnutrition is still a
great challenge”. Explain and outline the measures required to curb
malnutrition?
6. ‘Smart cities require smart public finance and sound property taxation
regime is vital to India’s urban future”. Discuss
7. There is an urgent need to phase out tax exemption and introduce property
taxation in India. Examine the recommendations of Tax Administration
Reforms Commission.
8. The repeated devaluation of Chinese currency and the Asian tigers has
dampened the global growth expectations. What is the impact to Indian
Economy.
9. Will the outcome of the Nairobi WTO conference reaffirm the Doha
Mandate? Discuss the outcome of the Nairobi Ministerial conference
especially issues in agriculture and trade in services.

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10. The recent reforms in the financial sector in India will go a long way in
strengthening the monetary framework. Discuss.
11. Multilateral trade agreements are the first best solution for deepening
global trade and development. In the light of this statement Discuss the
Trans Pacific Partnership Agreement and its possible implications on
Indian Economy.
12. India’s Intended Nationally Determined contributions is a set of
comprehensive policy covering all elements of combating climate change.
Explain.
13. Explain how the Paris agreement will succeed Kyoto protocol and goes one
step forward in bringing together all nations to combat climate change.
14. The farmer’s e-market platform National Agricultural Market with the
mission of one Nation one market will provide for one stop solution to the
inefficiencies created by APMCs in the market for farm produce? Discuss
15. There is an enabling environment created for industrial growth in India in
order to make the industrial sector the key driver of economic growth in
the country. Discuss the measures taken by the government in this regard.
16. The Indian Banking sector exhibited several weak spots. Examine the
recent problems of Indian Banking and the regulatory steps taken to
reform the Banking sector.
17. Ease of doing business index reflects the nature of regulatory systems and
business governance and the efficacy of bureaucracy. Discuss the
parameters determining the ease of doing business in an economy in the
light of Indian Economy and the progress made in the economy.
18. Indian agriculture is in a way a victim of its own past success especially the
green resolution. Explain the above statement and Examine the Indian
agriculture scenario and the measures taken to boost the productivity.
19. Mines and Minerals (Development and Regulation) Act 2015 and Coal
Mines special provisions act 2015 aimed to being back the mining sector
and coal sector from the legal issues in court, environment, regulatory and
land acquisition. Discuss

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20. Failure of Public Private Partnership to deliver large infrastructure
projects is mainly due to inappropriate structuring of the agreements.
Examine the problems in the existing models of PPP.
21. Doubling of Governments’ investment in infrastructure in 2016 will
address the problem of overcapacity in steel industry. Examine the
problems in the steel industry and recent measures of the Government to
tackle them?
22. “The Unified Payment Interface has the potential to transform the
payment mechanism in our country and is yet another.
23. Will introduction of Direct Benefit Transfer of food subsidy by replacing
the minimum Support Price and procurement based PDS effectively curb
the distortions in food subsidy Discuss.
24. “Instead of relying on fiscal and monetary stimulus to perk up slackening
growth India should go in for Job creating Reforms” Examine this
statement in the light of Indian Economy.
25. Indian states responded effectively to floods and tsunamis but finds water
and power metering more challenging. Discuss
26. Introduction of Masala Bonds is yet another reform in Indian capital
market Explain the statement and analyse the implication of these bonds
to Indian corporate sector.
27. The peculiarities of Indian agriculture combined with the twin objectives
of economic development and social justice resorted in land reforms in
India. Did they serve the purpose? Analyse the effectiveness of land
reforms in India.
28. The GST will be a game changing reform for the Indian economy by
creating a common Indian market and reducing the cascading effect of tax.
Discuss.
29. With a rich agricultural resource base Indian food processing industry has
huge potential. Explain the prospects of this industry.

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