Practice Questions - Economy

  1. How are development projects in underdeveloped nations financed by multilateral institutions like the World Bank and ADB? Explain.
  2. India’s current port infrastructure has to be expanded for strategic reasons. Do you concur? Substantiate.
  3. Analyze the importance of roads and rivers for India’s agricultural supply chains. Do you believe that this potential of India’s current road network has been fully realised? critically assess
  4. Do you believe that for India’s economy to grow, a more free trade policy is required? Analyze critically.
  5. Economic expansion cannot come at the expense of inclusion. Inclusion is necessary to maintain high rates of economic progress, though. Elucidate.
  6. Despite the global economic slowdown, India has grown its economy rather successfully. How? Analyse.
  7. What impact do global crises have on the stock market? Examine in light of the ongoing crisis in Ukraine.
  8. What are the most important issues facing India’s MSME sector? What recent government actions have been made to support MSMEs? Discuss.
  9. In what ways has the RBI been able to keep a strong foreign exchange reserve? What advantages does it have for the economy? Explain.
  10. What role do fisheries have in India’s coastal economy? What opportunity is there for commercial fishing to grow in the context of food processing and related trade? Discuss.