What are the challenges before the Indian economy when the world is moving away from free trade and multilateralism to protectionism and bilateralism? How can these challenges be met?
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17 questions on Indian Economy & Planning from GS-III. Practice answer writing organized by UPSC syllabus subtopics.
17
Questions
3
Subtopics
12
Years
Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.
Number of questions asked each year
What are the challenges before the Indian economy when the world is moving away from free trade and multilateralism to protectionism and bilateralism? How can these challenges be met?
What are the causes of persistent high food inflation in India? Comment on the effectiveness of the monetary policy of the RBI to control this type of inflation.
What is the status of digitalization in the Indian economy? Examine the problems faced in this regard and suggest improvements.
Most of the unemployment in India is structural in nature. Examine the methodology adopted to compute unemployment in the country and suggest improvements.
Distinguish between ‘care economy’ and ‘monetized economy’. How can care economy be brought into monetized economy through women empowerment?
"Economic growth in the recent past has been led by increase in labour productivity." Explain this statement. Suggest the growth pattern that will lead to creation of more jobs without compromising labour productivity.
Do you agree that the Indian economy has recently experienced V-shaped recovery? Give reasons in support of your answer.
Explain the difference between computing methodology of India’s Gross Domestic Product (GDP) before the year 2015 and after the year 2015.
Define potential GDP and explain its determinants. What are the factors that have been inhibiting India from realizing its potential GDP?
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.
How are the principles followed by the NITI Aayog different from those followed by the erstwhile Planning Commission in India?
How would the recent phenomena of protectionism and currency manipulations in world trade affect macroeconomic stability of India?
Among several factors for India’s potential growth, savings rate is the most effective one. Do you agree? What are the other factors available for growth potential?
How globalization has led to the reduction of employment in the formal sector of the Indian economy? Is increased informalization detrimental to the development of the country?
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.
Craze for gold in Indians has led to a surge in import of gold in recent years and put pressure on balance of payments and external value of rupee. In view of this, examine the merits of the Gold Monetization Scheme.
“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.
17 questions on Indian Economy & Planning have appeared in GS-III from 2014 to 2025.
The UPSC syllabus subtopics under Indian Economy & Planning include: Planning and mobilization of resources (3 questions); Growth and development (9 questions); Employment (5 questions).
In the most recent years: 2025 (1 questions), 2024 (1 questions), 2023 (3 questions). This shows Indian Economy & Planning remains a consistently important topic for GS-III.
Focus on high-frequency subtopics: Planning and mobilization of resources, Growth and development, Employment. Practice answer writing with previous year questions.