Exam Details
| Subject | general economics | |
| Paper | paper 3 | |
| Exam / Course | indian economic service and indian statistical service examination (ies/iss) | |
| Department | ||
| Organization | union public service commission | |
| Position | ||
| Exam Date | 2015 | |
| City, State | central government, |
Question Paper
1. Write short notes on the following The laffer curve Merit goods Hedonic valuation method Race to the bottom Tax interaction effect Shadow price of investment Incomplete markets.
2. What are the major recommendations of 14th Finance Commission Discuss the implications of tied and. untied giants from Union to States and local bodies.
3. What is the significance of the choice of discount rate in the cost-benefit analysis? How a specific discount rate is determined for appraising a project?
4. Define the concept of sustainable development. Discuss the indicators of sustainable development.
5. Compare and contrast between command and control and economic incentives instruments. Which one is superior?
6. Assume that the Government decides to impose a unit tax on the producers of the medicine insulin. Which are the plausible effects of the tax incidence on producers and consumers
7. Two pharmaceutical firms approached the Competition Commission of India fer their merger. What consideration CCI should take into account to approve or reject their request?
8. Indian Software industry has done well in the world market in the last two decades; why other industries are not able to emulate it
9. Suppose the price of electricity is less than the marginal cost of production.
Is electricity production effiCient? If not, explain how to move to a Pareto preferred allocation. Will the market economy produce electricity if the price is less than the marginal cost Explain.
10. Discuss how the saving is taxed under an Income Tax and a Consumption Tax. Which tax is more efficient and equitable and why
11. Explain the role of futures markets in agricultural commodity trading in India. Suggest measures to strengthen these markets.
12. Which policy instrument is likely to encourage greater diffusion of pollution abatement technologies technology standards or emission charges? Why?
2. What are the major recommendations of 14th Finance Commission Discuss the implications of tied and. untied giants from Union to States and local bodies.
3. What is the significance of the choice of discount rate in the cost-benefit analysis? How a specific discount rate is determined for appraising a project?
4. Define the concept of sustainable development. Discuss the indicators of sustainable development.
5. Compare and contrast between command and control and economic incentives instruments. Which one is superior?
6. Assume that the Government decides to impose a unit tax on the producers of the medicine insulin. Which are the plausible effects of the tax incidence on producers and consumers
7. Two pharmaceutical firms approached the Competition Commission of India fer their merger. What consideration CCI should take into account to approve or reject their request?
8. Indian Software industry has done well in the world market in the last two decades; why other industries are not able to emulate it
9. Suppose the price of electricity is less than the marginal cost of production.
Is electricity production effiCient? If not, explain how to move to a Pareto preferred allocation. Will the market economy produce electricity if the price is less than the marginal cost Explain.
10. Discuss how the saving is taxed under an Income Tax and a Consumption Tax. Which tax is more efficient and equitable and why
11. Explain the role of futures markets in agricultural commodity trading in India. Suggest measures to strengthen these markets.
12. Which policy instrument is likely to encourage greater diffusion of pollution abatement technologies technology standards or emission charges? Why?