UKPSC 2016 Paper V

Keywords: Monetary policy, India, RBI (Reserve Bank of India), implementation, concerns. Required Approach: Primarily factual and analytical, with some elements of opinion woven into the policy recommendations. Points to Remember: Inflation control as the primary goal. Growth vs. stability trade-off. Transmission mechanism effectiveness. RBI’s tools and their limitations. Financial inclusion and stability. Introduction: Monetary policy, … Read more What are the broad concerns of monetary policy in India? How does the RBI implement its monetary policy?

Points to Remember: The World Bank’s original objectives and the evolution of its role. The key principles guiding its lending policies, including conditionalities. Criticisms and challenges faced by the World Bank. Introduction: The World Bank, officially the International Bank for Reconstruction and Development (IBRD), is a global financial institution that provides loans and grants to … Read more What were the objectives in creating the World Bank? State the main principles underlying the lending policy of the bank.

Points to Remember: Pre-independence land ownership patterns in India. Major land reform legislations post-independence. Implementation challenges and successes of land reforms. Impact of land reforms on agricultural productivity and social equity. Ongoing debates and future directions for land reforms in India. Introduction: Land reforms in India represent a crucial aspect of its post-independence socio-economic development … Read more Critically examine the Land Reforms Programmes since independence in India.

Points to Remember: Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI) Positive impacts: technology transfer, job creation, economic growth Negative impacts: exploitation of resources, environmental concerns, dependence on foreign capital Introduction: Foreign capital, encompassing Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI), has played a significant role in shaping India’s industrial development since … Read more Discuss the impact of foreign capital on India’s industrial development.

Points to Remember: Key allocations in different sectors (agriculture, infrastructure, education, health). Focus areas of the budget. Revenue and expenditure projections. Any significant policy changes or initiatives announced. Introduction: The Uttarakhand Budget for 2016-17, presented amidst the state’s ongoing developmental challenges and aspirations, aimed to balance economic growth with social welfare. While precise figures may … Read more Give the highlights of the Budget of Uttarakhand for the year 2016-17.

Points to Remember: Increased income for farmers. Reduced post-harvest losses. Improved market access and price realization. Enhanced value addition and diversification. Employment generation. Sustainable agricultural practices. Introduction: Uttarakhand, a state known for its diverse agro-climatic conditions, possesses significant potential for fruit production. However, a major challenge faced by Uttarakhand’s fruit farmers is the high post-harvest … Read more How is the development of fruit storage and processing facilities beneficial for the farmers of Uttarakhand? Suggest suitable measures to be taken by the Government in this respect.

Points to Remember: Price Stability: Maintaining stable and remunerative prices for agricultural products. Producer Welfare: Ensuring fair returns to farmers for their produce. Consumer Welfare: Providing affordable and accessible food to consumers. Production Efficiency: Encouraging efficient production and resource allocation in agriculture. Import/Export Balance: Managing the balance between domestic production and import/export needs. Introduction: Agricultural … Read more What are the basic objectives of the Agricultural Price Policy? Discuss briefly the Agricultural Price Policy of India.

Points to Remember: TRIPS Agreement’s core principles: national treatment, most-favored-nation treatment, and adequate protection of intellectual property rights. TRIPS’ impact on developing countries: both benefits (access to technology) and challenges (high costs, limited capacity). TRIPS flexibilities: provisions allowing countries to adapt the agreement to their specific needs. Ongoing debates: balance between protecting intellectual property and … Read more Write a note about Trade-Related Intellectual Property Rights (TRIPS).

Points to Remember: MNC impact on Indian GDP growth. Job creation and skill development by MNCs. Technology transfer and infrastructure development. Concerns regarding exploitation of resources and labor. Impact on domestic industries and competition. Regulatory framework and government policies. Introduction: Multi-National Corporations (MNCs) have become integral to the globalized economy, and their role in India’s … Read more Examine the role of Multi-National Corporations (MNCs) in the Indian economy.

Points to Remember: Fragile Ecosystem: Uttarakhand’s unique geography makes it highly vulnerable to environmental degradation. Human Impact: Population growth, unsustainable tourism, and developmental activities exert immense pressure. Climate Change: Increased frequency and intensity of extreme weather events pose significant threats. Conservation Efforts: Existing conservation initiatives and their effectiveness. Sustainable Development: Balancing development with environmental protection … Read more Why is the environment a major issue in Uttarakhand? Explain.