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IAS Main 2013:Model Questions on Economy

Nov 1, 2013 12:48 IST

    IAS Main is one of the toughest nut to crack and it requires a thorough understanding of all the sectors and their interdependence. The repercussions of the downturn in one sector on other sectors and the remedies needed will be the focus of the upcoming IAS Main General Studies Paper III .The recent downturn in the world economy and the falling value of Indian Rupee and its effect on Indian Economy are some of the most important events this year.

    The Other important events are the mitigation mechanism employed by our Government and the Reserve Bank of India. The candidates are required to know the aftereffects of the Policy decision taken by the Government and the Central Bank of the Country.

    Following are some of the important Topics related to the Economy.

    Falling Value of Rupee and Measures employed by the Reserve Bank of India and the Government of India

    Indian Manufacturing Sector and its competitiveness

    Stagnation of Service Sector and the means to overcome this stagnation.

    The Methodology of estimating poverty.

    Concept of Digital Currency and Bitcoin.

    Low Cost Housing Policy in India

    Concept of Cost Audit.

    Relation between Current Account Deficit and Foreign Reserves.

    Foreign Direct Investment and its effects on different sectors in India.

    Second Generation Reforms and their relevance.

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