Archit Nigam

AIR 270 · CSE 2019

4 answer copies indexed — part of the free, searchable Topper's Copy by Hashin index.

Sample questions answered

• Explaining the need and objectives of land reforms in India, assess the steps taken by the government in this regard. GS1
• Explain how Fiscal Policy can be used to control inflation, accelerate the rate of economic growth and achieve economic stability. GS1
• What do you understand by devaluation of a currency? How is it different from currency depreciation? Explain how an economy benefits or suffers because of depreciation. GS1
• What were the key components of the economic reforms undertaken in the Indian economy in 1991? What objectives were sought to be achieved through them? Examine how successful have they been in meeting them. GS1
• Explain the process of credit creation by the banking system in an economy. Also, highlight the factors which limit the power of commercial banks to create credit. GS1
• What is Outcome Budgeting? Explaining its relevance for management of public finance, highlight the challenges in implementing it. GS1
• Explain the concept of GDP Deflator. Can it be argued that it is a more accurate indicator of inflation, as compared to CPI and WPI? GS1
• The central bank adopts quantitative and qualitative methods to control credit creation by commercial banks. What is the difference between quantitative and qualitative methods? Also, explain the concepts of Repo Rate, Cash Reserve Ratio and Statutory Liquidity Ratio. GS1

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