c s Main ECONOMICS Paper II

Answer the following questions in about 150 words each 10x5=50

1 How did railways contribute to India’s economic development in
the pre-independence era

1 What was the impact of policy reservation in favour of small scale
industries in India during the post-independence but pre-liberalisation
era

1 What specific trade policies during the British period led to the decline
of Indian industry Explain.

1 Do you think that full convertibility of rupee on capital account will help
in accelerating India’s economic growth Give reasons.

1 Why did the socialist order fail and the country had to resort to the
market economy system Give reasons.

Q2. Do you think that pursuit of wage-goods model could have been more
appropriate for post-independence strategy of development Give
reasons.

Explain the major factors that affected the growth rate of the economy
in post-independence India till 1991.

During the British Rule, India was rooted with seeds of modernisation,
but the country remained underdeveloped. Discuss.

Q3. How does population growth affect economic development of a country
Can the age structure of population alter the pattern of development in
a country 9 Examine in the light of the Indian experience.

b What are the different types of agricultural subsidies that are given to
the farmers in India How can these be rationalised

The ‘dichotomy of development’ in India emerged owing to ‘governance
deficit’ and ‘crony capitalism’. Examine.

Q4. It is often said that the prime generator of economic growth in India in
the post-liberalisation period has been the service sector. Do you agree
with this view What has been its implication on the balance of
payments in India

High Minimum Support Prices induce distortions, some of which
ultimately hurt the poor. Examine its merits and demerits.

Market economy excludes poor from the consumer as well as
employment market. Discuss how one can safeguard the interests o f .
population below poverty line.


Q5. Answer the following questions in about 150 words each 10x5=50

Highlight the basic features of National Food Security Act 2013.
Can it solve the problem of malnutrition in the country Discuss.

Discuss the recent initiatives for augmenting power generation in India.

What are the broad features of the proposed GST Model

What are the major factors behind accumulation of non-performing
assets in the Indian banking sector in recent years Discuss.

‘Financial inclusion is one of the most essential components of inclusive
growth/ Comment.

Q6. What is your opinion oh the view that the economic reform process has
largely bypassed agriculture

b Non-banking financial institutions need to be effectively regulated and
monitored in India. Can you suggest some measures in this direction

In the context of the information technology revolution, Digital India
Programme, is a significant instrument of administrative reforms. Do
you agree?

Q7. Rural poverty continues to be a chronic problem in India, which cannot
be taken care of by anti-poverty programmes but by creation of
permanent productive assets. Discuss:

There is a need for an ‘apex agency* to monitor and to regulate the entry
and functioning of transnational corporations in the context of India’s
broader national interest. Give arguments in support of your answer.

Agro-based industries, especially food-processing uiiits, can alter the .
fate of rural India. Discuss.

Q8. Explain the recent policy initiatives for enhancing crude oil and natural
gas production in India.

What are the main components of the National Manufacturing Policy, ..
2014 Discuss.

What are the major recommendations of the Fourteenth Finance
Commission?