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4. Previous Years GS Mains Questions

 

1. Indian manufacturing is lagging in the face of stiff competition from other developing economies in Asia and elsewhere, both in domestic as well as global markets. What are the main reasons that can be attributed for this scenario? Suggest few remedies for the same.Answer:2. “There is a myth that small firms create the most jobs in an economy. The fact is that small firms that grow big create the jobs". In context of the Indian economy what are the factors that prevent firms that start small from growing bigger. What progress has India made in this respect and what other measures are required?Answer:3. While India has made great strides in removing the barriers to the entry of firms, talent and technology, less progress has been made in relation to exit. In this context, discuss the causes of and costs associated with impeded exit in India.Answer:Causes of impeded exit in India:4. What is the significance of start-ups for Indian economy? Critically analyse the provisions of “Start-up India” program and the challenges that lie ahead in its effective implementation.Answer:5. Highlight the reasons for the importance attached to the MSME sector. In this context, enumerating the government schemes to promote this sector explain the role that the MSME sector can play in the success of the Make in India initiative.Answer:MSME related schemes and impact on Make in India: ♤ Providing more credit to MSME sector, especially in the rural areaso Credit Guarantee Trust Fund for Micro and Small Enterprises (CGTMSE) – ♤ Promoting entrepreneurship ♤ Quality upgradation for world class competitiveness and leveraging technology ♤ Ensuring Ease of Doing Businesso Reform in labor laws.6. Successive governments have resorted to disinvestment of sick and loss-making PSUs. What, according to you, are the targets which the government seek to meet from this exercise? Also explain why the disinvestment targets have not been met in the past.Answer:

  

 

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