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10. Previous Years GS Mains Questions
1. "Public debates in India often reflect either an uncritical faith in market (market mania) or a blind opposition to it (market phobia). However, there is a deep complementarity between market efficiency and state action.” Comment on the
Answer:
2. How has the process of liberalization, which has otherwise led to high economic growth, affected the employment rate and the nature of employment in India?
Answer:
3. Dismantling of administered price mechanism for fuels is being deemed as a significant piece of economic reform. Analyse. Also, discuss how the recently introduced dynamic fuel pricing can prove to be beneficial for both the OMCs as well as consumers.
Answer:
Its benefits for consumers
4. While India has taken a number of steps in order to substantially improve its ranking in the World Bank's 'Ease of Doing Business' Index, it needs to take further action in this regard. Elaborate. Also analyse the utility of these rankings vis-a-vis India's objective of facilitating a sound entrepreneurial environment.
Answer:
Steps taken by India to improve its EODB Index ranking on the 10 parameters:
Utility of EODB ranking and entrepreneurial environment in India
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