UKPSC 2023 Paper Eco

Points to Remember: RBI’s mandate: Price stability alongside economic growth. Tools used by RBI: Repo rate, reverse repo rate, CRR, SLR, MSF, etc. Inflation targets: RBI’s inflation targeting framework. Success measurement: Analyzing inflation rates and economic growth during the period. Challenges faced: Global factors, supply chain disruptions, geopolitical events. Introduction: The Reserve Bank of India … Read more

Points to Remember: Definition and classification of Micro, Small, and Medium Enterprises (MSMEs). Current status of MSMEs in Uttarakhand (number, contribution to GDP, employment). Problems faced by MSMEs in Uttarakhand (access to finance, infrastructure, technology, market access, regulatory hurdles). Policy recommendations and best practices for improving the MSME sector in Uttarakhand. Introduction: Micro, Small, and … Read more

Points to Remember: MNREGA’s core objective: Guaranteed wage employment for rural poor. Key differences from earlier policies: Legal entitlement, focus on rural development, transparency mechanisms. Uttarakhand’s context: Geographical challenges, diverse socio-economic conditions. Evaluation criteria: Employment generation, wage satisfaction, impact on poverty and rural development. Introduction: The Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA), enacted … Read more

Points to Remember: India’s current account balance and trade deficit. Major trading partners and export/import composition. Impact of global events (e.g., war in Ukraine, inflation) on Indian trade. Strategies for improving India’s trade performance (e.g., diversification, FTA negotiations, infrastructure development). Role of government policies and initiatives. Introduction: India’s foreign trade plays a crucial role in … Read more

Points to Remember: Increased capital expenditure Focus on infrastructure development Emphasis on agriculture and rural development Tax proposals and their impact Fiscal deficit and its implications Introduction: The Indian Union Budget 2023-24, presented by the Finance Minister Nirmala Sitharaman on 1st February 2023, aimed to consolidate the economic recovery post-pandemic and lay the groundwork for … Read more

Points to Remember: Direct and indirect economic contributions of forests. Uttarakhand’s forest policy: its strengths, weaknesses, and impact. Sustainable forest management practices. Balancing economic development with environmental conservation. Introduction: Forests are vital for a nation’s economic development, contributing both directly and indirectly to its GDP. Direct contributions include timber production, non-timber forest products (NTFPs), and … Read more

Points to Remember: Increasing regional disparities in India. Growing income inequality. Government initiatives to address these imbalances. Effectiveness of government policies. Suggestions for future action. Introduction: India’s economic growth over the last two decades has been remarkable, yet it has been accompanied by a widening gap in regional development and income distribution. While overall GDP … Read more

Points to Remember: MSP is a government-guaranteed price for certain agricultural products. It aims to protect farmers from price volatility and ensure a minimum income. Several methods exist for calculating MSP, each with strengths and weaknesses. The effectiveness of MSP is a subject of ongoing debate. Introduction: The Minimum Support Price (MSP) is a crucial … Read more

Points to Remember: Key initiatives in Uttarakhand’s health sector over the last five years; focus on accessibility, affordability, and quality of healthcare; mention of specific schemes and their impact. Subscribe on YouTube Introduction: Uttarakhand, a state characterized by its mountainous terrain and diverse population, faces unique challenges in providing accessible and quality healthcare. Over the … Read more

Points to Remember: Main features of Uttarakhand’s current agricultural policy. Assessment of its impact on farmers’ conditions – both positive and negative aspects. Suggestions for improvement. Introduction: Subscribe on YouTube Uttarakhand, a predominantly hilly state in India, faces unique challenges in agriculture due to its terrain and climate. The state’s agricultural policy aims to address … Read more