IES/ISS ｅｘａｾＬｦＲＰＱＵ＠

• Sl. No. (J Q052 31 A-KG U-0- HFD

INDI AN ECO NOM ICS

\ Time Allowed : Three Hours I I Maxim um Marks 200

INSTR UCTI ONS

Please read each of the follow ing instru ctions
carefu lly before attem pting questi ons.

There are THIRT EEN questi ons divide d under THRE E

Sectio ns.
The ONLY questi on in Sectio n-A is compu lsory.
In Sectio n-B, SIX out of SEVEN questi ons
are to be attem pted.
In Sectio n-C, FOUR out of FIVE questi ons
are to be attem pted.
Candi dates should attem pt quest ions/p arts as per
the instru ctions given in the Sectio ns.
The numb er of marks carrie d by a quest ion/pa rt
is indica ted again st it.
All parts and sub-p arts of a questi on are to be
attem pted togeth er in the answe r-book .
Attem pts of questi ons shall be count ed in
chron ologic al order. Unles s struck off, attem pt of a
questi on shall be count ed even if attem pted partly .
Any page or portio n of the page left blank in the
answe r-book must be clearl y struck off.
Candi dates are requir ed to write clear, legible and
concis e answe rs and to adher e to word limits
where ver indica ted. Failur e to adher e to word
limits may be penali zed.
Answe rs must be writte n in ENGLISH only.
/55 [ P.T.O.

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 Section-A

1. Answer all of the following six parts in about

•
150 words each : 5x6=30

(a) Manufacturing sector needs to be

strengthened and developed but the nle
of the service sector can_!ot be ignored.
Discuss. 5

(b) State the major recommendations of the

Fourteenth Finance Commissi::m. 5

(c) Antipoverty programmes need to b=

reoriented for assets creation rathe.:-
than providing employ-ment in rura.
areas. Comment. 5

{d) Child labour continues to be a

permanent problem in Inc.ia. Suggest
pragmatic ways to control it. 5

(e) Do you think that Fiscal Re3ponsibilicy

and Budget Management Act, 2003
should be modified? Give reasons. 5

(f) Bring out the importance of micro, small

and medium enterprises in the context
of the Indian economy. 5

A-KGU-0-HFD/55 2

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• Section -B

Answer any six out of the followin g seven

question s in about 200 words each : 15x6=90

2. "In the changin g econom ic environ ment, the

goal of self-reli ance is a myth." Do you agree? 15

3. Comme nt on the maJor federal fiscal

problem s between the Centre and States in
India. 15

4. India's human develop ment record continu es

to be gloomy. Can you suggest measur es to
improve it? 15

5. Skill develop ment and increase in labour

producti vity will impact India's growth rate.
In this context, would you suggest changes
in India's educatio n policy? 15

6. Financia l inclusio n is a must for healthy

growth of the Indian economy . In this
context, what measur es would you suggest to
promote househo ld savings in India? :_ 5

7. In the context of purchas ing power parity,

Indian rupee is underva lued in dollar terms.
How far is it true? 15

8. Nonban king financia l instituti ons need to be

effective ly regulate d and monitor ed in India.
Can you suggest some measur es in this
directio n? 15
A-KGU -0-HFD /55 3 [ P.T.O.

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 Section-C •
Answer any four out of the following five questions
in about 300 words each : 20x4=80

9. "Second generation economic reforms should

be accompanied with human capital
formation for sustained development m
India." Discuss. 20

10. Do you think that fiscal reforms should

supplement financial se:::tor reforms to
achieve the objective of stabilization and
employment generation in the Indian
economy? Explain. 20

11. Subsidies are a source of ineff:ciency and

corruption. They should be rationalized and
ultimately ph,ased out. Illus-rate your answer
in the Indian context. 20

12. Industrial development end agricultural

development are the two s:des of the same
coin. What policy prescrip:ions would you
advocate m the context . of the Indian
economy? 20

13. It is not the population but the poverty and

unemployment are the two most chronic
problems of the Indian economy. What policy
measures would you suggest to solve these
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A-KGU-0-HFD/55 4 SBS-5600

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