Current Affairs

GK MCQs Section

Page-24 of GS-III: Economy & Economic Development

The need of the hour is to do away with traditional accounting methods like GDP calculation and move towards more comprehensive methods that accounts for Natural Capital and Ecosystem Services as well to establish link between economy and environment. In this context, discuss the initiatives taken by India.

Natural capital and Ecosystem services (NC&EC) refers to value stored in land, water, forest, and other natural resources, e.g. Forest – provisioning food, shelter, disaster resilience, etc. Accounting...

December 10, 2023

The Green Term Ahead Market (GTAM) can be a game changer for the renewable energy sector in India. Evaluate.

Renewable energy is the production of energy from sources which do not pollute the environment and which in theory are not at risk of depletion e.g., solar and...

December 9, 2023

Asset monetization is imperative to achieve the goal of $5 trillion economy and fund India’s massive infrastructure needs. In the light of above statement, critically discuss the need of national monetization pipeline. Also discuss the issues that need to be addressed for its success.

Government of India has announced National monetization pipeline for asset monetization. Asset monetization refers to deriving value from public assets through means such as leasing (TOT model), selling...

December 8, 2023

Economic policies focused only on quantitative aspect of growth have not shown trickle-down effect. Inclusive growth only can ensure equitable distribution of fruits of progress. Elaborate.

Earlier economic policies were focused on growth, a quantitative approach. It was believed that ultimately prosperity would ‘trickle-down’ to the masses. However, rising inequality, hunger, disease, low-wages, poor...

December 8, 2023

Highlight the fundamental reasons behind the employment problem that India is facing currently. Also, suggest a way forward.

Unemployment is defined as a situation when a person actively searching for employment is unable to find work. It is often used as a measure of the health...

December 7, 2023

While focusing on the importance of agriculture extension services in India, highlight the challenges faced in implementing it. Discuss the role of National Mission on Agricultural Extension and Technology (NMAET) in this context.

Agriculture extension services refer to information and education, as well as other supporting services to farmers, to help enhance agricultural productivity and efficiency, e.g. M-Kisan (mobile based information)....

December 7, 2023

Discuss the challenges faced by jute industry in India. What are the steps taken by the government to address these challenges?

Jute is a biodegradable natural fibre that is used for variety of purpose like making ropes, gunny bags for packaging, etc. Challenges faced by Jute industry: The small...

December 5, 2023

India’s per capita GDP has grown five times in last two decades, however the income distribution is highly uneven. In this context, discuss the issue of rising inequality in India.

Certainly, India has witnessed many changes and a rapid GDP growth in last two decades. However, the income is concentrated in few hands. India’s Gini coefficient value hovers...

December 3, 2023

Pradhanmantri Jan Dhan Yojna has played a significant role in increasing financial inclusion. Analyze its performance in achieving its objectives.

Pradhanmantri Jan Dhan Yojana (PMJDY) was launched in 2014 to achieve the financial inclusion of unbanked sections of the society, with an aim of at least one bank...

December 2, 2023

Farm loan waivers are neither adequate nor recommended for promoting sustained agricultural growth. Analyze.

Farm loan waiver refers to the payment of agricultural loans by the government and exemption of farmers from doing the same. Farm loans waivers are inadequate: Only 60%...

December 2, 2023

Archives

E-Books

States PSC General Studies

Latest in Hindi