IAS Exam Papers-Main - Economics (Paper -II) 2005

PAPER - II - 2005  Time Allowed: Three Hours Maximum Marks: 300
Candidates should attempt Questions 1 and 5 which are compulsory, and any THREE of the remaining questions selecting at least ONE question from each Section. SECTION-A
1. Answer any three of the following questions in about 200 words each: 20 x 3 = 60
(a) What was the impact of the Great Depression in 18731896 on India?
(b) Write a detailed note on the structure & determinants of rural poverty in India.
(c) Critically appraise the National Rural Employment Guarantee Scheme that has recently been proposed by the Government of India.
(d) What is the role played by basics (wage goods) and non-basics (luxury goods) in a model of development for a mixed economy?

2. Write an essay on the 'drain of wealth' controversy in India in the nineteenth century. 60
3. What are the determinants of the distribution of income in India? 60
4. What would be the constituents of an optimal agricultural exports strategy for India? 60


5. Answer any three of the following questions in about 200 words each: 20 x 3 = 60
(a) Write a detailed note on endogenous money and India
(b) Comment on the proposition that inflation in India is a monetary phenomenon.
(c) What has been the impact of import liberalisation on Indian Manufacturing Industries since July 1991?
(d) What are the major characteristics of Value Added Tax (VAT) in India?
6. Justify the relevance of Banking liberalisation in India. 60
7. Weigh the pros and cons of inflation targeting as the objective of the Reserve Bank of India (RBI). 60
8. Critically evaluate the process of 'trickle down' as a policy stance for Indian economy. 60

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