Current Affairs

GK MCQs Section

Page-63 of GS-III: Economy & Economic Development

What are the main shortcomings of using GDP as a measure of economic growth? Discuss while suggesting alternative measures for the same.

GDP is the annual value of goods and services produced. It is felt that GDP as a measure of economic growth has several shortcomings. For one, GDP does...

February 14, 2023

What is market cap-to-GDP ratio? What does it indicate? Discuss with focus on India's market cap-to-GDP ratio.

The market cap-to-GDP ratio is primarily used to determine if the market as a whole is over or undervalued. It basically represents the percentage of GDP which represents...

February 13, 2023

Critically examine the key problems of India's manufacturing sector while keeping in focus the recently released ease of doing business report.

As per recent Ease Of Doing Business report by NITI Aayog and the IDFC Institute(based on an enterprise survey carried out in 2016) enterprises in the manufacturing sector...

February 13, 2023

While elucidating the objectives and achievements of the policy of disinvestment in India, critically examine why year after year, the government fails to achieve the disinvestment targets.

The disinvestment policy of India introduced in July 1991 named as the New Economic Policy had the following objectives in mind: To reduce burden of development from the...

February 12, 2023

Differentiate between Offshore Derivative Instruments (ODI) and Participatory Notes (PN). Why SEBI has a cautious approach towards these instruments? Discuss highlighting recent SEBI order towards these instruments.

Offshore Derivative Instruments ODIs are vehicles of investment used by overseas investors to get exposure to Indian equities and other equity derivatives. These investors do not get registered...

February 12, 2023

There is a strong regional bias in corporate investment in India that leads to regional inequalities. Critically discuss while suggesting policy measures towards this.

India is a nation of great diversity. Regionalism is one prominent aspect of this diversity, which not only extends to cultural & linguistic preferences but also to economic...

February 12, 2023

Examine the structure, strengths and weakness of India's steel industry. Given that the Indian steel sector is poised to be the world's second largest, what opportunities and threats you perceive for this industry. Discuss.

The Irons and steel industry of India can be divided into three categories of players’ viz. Main producers, major producers and secondary producers. SAIL, RINL, TISCO etc. are...

February 11, 2023

What are the various products and their applications in silicon wafer manufacturing industry in India? Discuss the status of this industry, challenges and government policy incentives towards silicon wafers manufacturers.

The silicon wafer manufacturing industry produces goods like chips and microchips which are used in electronic devices. These products are then used in making integrated circuits due to...

February 10, 2023

In India, most part of saving is generated by the households but bulk of those savings is locked into unproductive physical assets. What are the major implications of this on resource mobilization? While elucidating the government action, put forward your policy suggestions.

In India, around 70% of all the domestic savings is generated by the households. Ironically, most of these savings are locked in unproductive physical assets such as gold, real estate...

February 10, 2023

In India, the capital market reforms have been much easier in comparison to banking or insurance. Justify the statement giving appropriate reasons.

There is a definite positive outlook of the capital market. The reasons which justify it are- Establishment of SEBI- SEBI which got a legal status in 1992 is...

February 8, 2023

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