Current Affairs

GK MCQs Section

Page-53 of GS-III: Economy & Economic Development

Examine the provisions of Public Procurement (Preference to Make in India), Order 2017. How it encourages manufacturing and 'Make in India'?

Government of India issued a Public Procurement (Preference to Make in India), order in June 2017 with an aim to encourage the Make in India project.The Make in...

May 2, 2023

What are the challenges India is facing due to inefficient tax assessment? How it can be addressed?

Economic Survey 2017-18 highlights the issue of ever-increasing pile of tax litigation. The tax litigations amount to approximately Rs7.58 trillion which is equivalent to 4.7% of the gross...

May 1, 2023

One of the objectives of the government's FAME scheme is that the country's public transport should be 100 per cent electric. What are challenges to achieve this over-ambitious goal? Discuss.

FAME India scheme which aims for Faster Adoption and Manufacturing of hybrid and Electric vehicles is an initiative of the current government which was introduced in 2015. It...

April 29, 2023

Urban Transport should be to "move people instead of vehicles". However, most big cities in India have failed to realize this goal in their public transport system. Discuss the reasons while suggesting how can India improve its public transport system?

Owning a vehicle has been perceived as a prestige symbol across the globe. The better the car or a bike one owns the better is one’s status. This...

April 27, 2023

While establishing "access to food" as a crucial link between food security and climate change, provide contours of India's stand on food security in WTO.

India’s strong stand on food security at the World Trade Organization (WTO) has threatened to derail the first multilateral trade agreement reached in the last two decades. Developed...

April 25, 2023

Contrast the role of private corporate sector vis-à-vis public sector in their respective share of investment in Indian Agriculture.

Agriculture sector has been nurtured and fostered by the Government of India throughout the ages. The innovations and development in the agricultural sector such as green revolution have...

April 25, 2023

What are the salient features of "inclusive growth"? Has India been experiencing such a growth process? Analyze and suggest measures for inclusive growth.

Inclusive growth is referred to as a concept that enables equitable opportunities for the economic participants during the time of economic growth with the benefits enjoyed by every...

April 23, 2023

“Despite large number of reforms by the current government, the massive potential of our manufacturing hub still remains untapped.” Examine the reasons behind the same. What steps can be taken to boost the sector?

In furtherance of the ‘Make in India’ programme objective, the Government of India is planning to increase the pace of manufacturing hub from current 16 percent of the...

April 23, 2023

What are the flaws in the Agricultural Produce Market Committee (APMC) Act that are adversely affecting both the producer and consumers? Discuss the control measures formulated by the agriculture ministry under the Model APMC Act, 2017 to combat the problem.

Agricultural marketing is a state subject and the centre can only advise states to free up agricultural trade. Currently, agricultural marketing in states is governed by their respective...

April 23, 2023

Industrial growth rate has lagged-behind in the overall growth of Gross-Domestic-Product (GDP) in the port-reform period. Give reasons. How far the recent changes in Industrial Policy are capable of increasing industrial growth rate?

The industrial policy of 1991, which is considered to be a process rather than a policy, had introduced some liberalization policies like compulsory licensing for 5 industries, the...

April 22, 2023

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