The UPSC mains exam is written (subjective) in nature.
Here We Provide Indian economy subject Questions Yearwise.
1. Explain the difference between the computing methodology of Inda’s Gross Domestic Product(GDP) before the year 2015 and after the year 2015.
2. Distinguish between Capital Budget and Revenue Budget. Explain the components of both these Budgets.
3. How did land reforms in some parts of the country help to improve the socio-economic conditions of marginal and small farmers?
4. How and to what extent would micro-irrigation help in solving India’s water crisis?
5. Discuss how emerging technologies and globalisation contribute to money laundering. Elaborate measures to tackle the problem of money laundering both at national and international levels.
6. Do you agree that the Indian economy has recently experienced a V-shaped recovery? Give reasons in support of your answer.
7. Investment in infrastructure is essential for more rapid and inclusive economic growth”. Discuss in the light of India’s experience.
8. What are the salient features of the National Food Security Act, of 2013? How has the Food Security Bill helped in eliminating hunger and malnutrition in India?
9. What are the present challenges before crop diversification? How do emerging technologies provide an opportunity for crop diversification?
10. Explain intra-generational and inter-generational issues of equity from the perspective of inclusive growth and sustainable development.
11. Define potential GDP and explain its determinants. What are the factors that have been inhibiting India from realizing its potential GDP?
12. What are the main constraints in the transport and marketing of agricultural produce in India?
13. What are the challenges and opportunities in the food processing sector in the country? How can the income of the farmers be substantially increased by encouraging food processing?
14. What are the salient features of the Jal Shakti Abhiyan launched by the Government of India for water conservation and water security?
15. Explain the meaning of investment in an economy in terms of capital formation. Discuss the factors to be considered while designing a concession agreement between a public entity and a private entity.
16. Explain the rationale behind the Goods and Services Tax (Compensation to states) act of 2017. How has COVID-19 impacted the GST compensation fund and created new federal tensions?
17. What are the major factors responsible for making the rice-wheat system a success? In spite of this success how has this system become bane in India?
18. Describe the benefits of deriving electric energy from sunlight in contrast to conventional energy generation. What are the initiatives offered by our government for this purpose?
19. It is argued that the strategy of inclusive growth is intended to meet the objectives of inclusiveness and sustainability together. Comment on this statement
20. public expenditure management is a challenge to the Government of India in the context of budget-making during the post-liberalization period. Clarify it.
21. What are the reformative steps taken by the Government to make the food grain distribution system more effective?
22. Elaborate on the policy taken by the Government of India to meet the challenges of the food processing sector.
23. Enumerate the indirect taxes which have been subsumed in the goods and services tax (GST) in India. Also, comment on the revenue implications of the GST introduced in India in July 2017.
24. Do you agree with the view that steady GDP growth and low inflation have left the Indian economy in good shape? Give reasons in support of your arguments.
23. How would the recent phenomena of protectionism and currency manipulations in world trade affect the macroeconomic stability of India?
24. “Access to affordable, reliable, sustainable and modern energy is the sine qua non to achieve Sustainable Development Goals (SDGs).” Comment on the progress made in India in this regard.
25. How are principles followed by the NITI Aayog different from those followed by the erstwhile Planning Commission in India?
26. Comment on the important changes introduced in respect of the Long Term Capital Gains Tax (LTCGT) and Dividend Distribution Tax (DDT) in the Union Budget for 2018-2019.
27. Account for the failure of the manufacturing sector in achieving the goal of labour-intensive exports. Suggest measures for more labour-intensive rather than capital-intensive exports.
28. “Industrial growth rate has lagged behind in the overall growth of Gross-Domestic-Product (GDP) in the post-reform period” Give reasons. How far the recent changes in Industrial Policy are capable of increasing the industrial growth rate?
29. What are the salient features of ‘inclusive growth’? Has India been experiencing such a growth process? Analyse and suggest measures for inclusive growth.
30. Among several factors for India’s potential growth, the savings rate is the most effective one. Do you agree? What are the other factors available for growth potential?
31. Examine the development of Airports in India through joint ventures under Public – the Private Partnership (PPP) model. What are the challenges faced by the authorities in this regard.
32. What are the reasons for poor acceptance of cost-effective small processing units? How the food processing unit will be helpful to uplift the socioeconomic status of poor farmers?
33. One of the intended objectives of Union-Budget 2017-18 is to ‘transform, energize and clean India’. Analyze the measures proposed in the Budget 2017-18 to achieve the objective.
34. Pradhan Mantri Jan Dhan Yojana (PMJDY) is necessary for bringing the unbanked to the institutional finance fold. Do you agree with this for the financial inclusion of the poor section of Indian society? Give arguments to justify your opinion.
35. Justify the need for FDI for the development of the Indian economy. Why there is a gap between MoUs signed and actual FDIs? Suggest remedial steps to be taken for increasing actual FDIs in India.
36. Comment on the challenges for inclusive growth which include careless and useless manpower in the Indian context. Suggest measures to be taken for facing these challenges.
37. Give an account of the current status and the targets to be achieved pertaining to renewable energy sources in the country. Discuss in brief the importance of the National Programme on Light Emitting Diodes (LEDs).
38. How globalization has led to the reduction of employment in the formal sector of the Indian economy? Is increased in formalization detrimental to the development of the country?
39. Women empowerment in India needs gender budgeting. What are the requirements and status of gender budgeting in the Indian context?
40. What are ‘Smart Cities’? Examine their relevance for urban development in India. Will it increase rural-urban differences? Give arguments for ’Smart Villages’ in the light of PURA and RURBAN Mission.
41. How can the ‘Digital India’ programme help farmers to improve farm productivity and income? What steps has the Government taken in this regard?
42. “Success of ‘Make in India’ programme depends on the success of ‘Skill India’ programme and radical labour reforms.” Discuss with logical arguments.
43. To what factors can the recent dramatic fall in equipment costs and tariff of solar energy be attributed? What implications does the trend have for thermal power producers and the related industry?
44. There is a clear acknowledgement that Special Economic Zones (SEZs) are a tool of industrial development, manufacturing and exports. Recognising this potential, the whole instrumentality of SEZs requires augmentation. Discuss the issues plaguing the success of SEZs with respect to taxation, governing laws and administration.
45. The nature of economic growth in India in recent times is often described as jobless growth. Do you agree with this view? Give arguments in favour of your answer
46. In what way could the replacement of price subsidy with Direct Benefit Transfer (DBT) change the scenario of subsidies in India? Discuss
47. What are the impediments in marketing and supply chain management in developing the food processing industry in India? Can e-commerce help in overcoming these bottlenecks?
48. Craze for gold in Indians has led to a surge in the import of gold in recent years and put pressure on the balance of payments and the external value of the rupee. In view of this, examine the merits of the Gold Monetization Scheme.
49. The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 has come into effect on 1st January 2014. What are the key issues which would get addressed with the Act in place? What implications would it have on industrialization and agriculture in India?
50. National Urban Transport Policy emphasises on ‘moving people’ instead of ‘moving vehicles’. Discuss critically the success of the various strategies of the Government in this regard.
51. Foreign Direct Investment (FDI) in the defence sector is now set to be liberalized. What influence this is expected to have on Indian defence and economy in the short and long run?
52. Should the pursuit of carbon credits and clean development mechanisms set up under UNFCCC be maintained even though there has been a massive slide in the value of a carbon credit? Discuss with respect to India’s energy needs for economic growth.
53. Normally countries shift from agriculture to industry and then later to services, but India shifted directly from agriculture to services. What are the reasons for the huge growth of services vis-à-vis industry in the country? Can India become a developed country without a strong industrial base?
54. “While we flaunt India’s demographic dividend, we ignore the dropping rates of employability.” What are we missing while doing so? Where will the jobs that India desperately needs come from? Explain.
55. Capitalism has guided the world economy to unprecedented prosperity. However, it often encourages short-sightedness and contributes to wide disparities between the rich and the poor. In this light, would it be correct to believe and adopt capitalism for bringing inclusive growth in India? Discuss.
56. Explain how Private Public Partnership arrangements, in long gestation infrastructure projects, can transfer unsustainable liabilities to the future. What arrangements need to be put in place to ensure that successive generations’ capacities are not compromised?
57. (a) Discuss the impact of FDI entry into the Multi-trade retail sector on supply chain management in the commodity trade pattern of the economy.
(b) Though India allowed Foreign Direct Investment (FDI) in what is called multi-brand retail through the joint venture route in September 2012, the FDI, even after a year, has not picked up. Discuss the reasons.
58. With consideration towards the strategy of inclusive growth, the new Companies Bill, 2013 has indirectly made CSR a mandatory obligation. Discuss the challenges expected in its implementation in right earnest. Also, discuss other provisions in the Bill and their implications.
59. What were the reasons for the introduction of the Fiscal Responsibility and Budget Management (FRBM) Act, 2003? Discuss critically its salient features and their effectiveness.
60. Food Security Bill is expected to eliminate hunger and malnutrition in India. Critically discuss various apprehensions in its effective implementation along with the concerns it has generated in WTO
61. Examine the impact of liberalization on companies owned by Indians. Are they competing with theMNCs satisfactorily? Discuss.
62. Discuss the rationale for introducing Goods and Services Tax (GST) in India. Bring out critically the reasons for the delay in roll out for its regime