UKPSC 2023 Paper Eco

Points to Remember: Uttarakhand’s revenue generation relies heavily on a few key taxes. The relative contribution of each tax can fluctuate yearly depending on economic activity and government policies. Understanding these major taxes is crucial for analyzing the state’s fiscal health and policy decisions. Introduction: Uttarakhand, a state in northern India, generates its revenue primarily … Read more Name three major taxes in Uttarakhand with respect to revenue.

Points to Remember: The repo rate is the rate at which the Reserve Bank of India (RBI) lends money to commercial banks. Increases in the repo rate aim to control inflation. Tracking the repo rate changes over the past year requires reviewing RBI’s monetary policy announcements. Introduction: The repo rate is a crucial monetary policy … Read more By how much has RBI increased the repo rate during the last year?

Points to Remember: Foreign Direct Investment (FDI) Foreign Portfolio Investment (FPI) Differences between FDI and FPI Importance of both for economic growth Introduction: Foreign capital plays a crucial role in a nation’s economic development. It supplements domestic savings, facilitates technology transfer, and fosters competition. The two major forms of foreign capital inflow are Foreign Direct … Read more Which are the two major forms of foreign capital?

Points to Remember: Different measures of income inequality exist, each with strengths and weaknesses. Data quality significantly impacts the accuracy of inequality measurements. Policy implications depend heavily on the chosen measure and its interpretation. Addressing income inequality requires a multi-faceted approach. Introduction: Income inequality, the uneven distribution of income across a population, is a significant … Read more How do we measure income inequality?

Points to Remember: NITI Aayog’s Multidimensional Poverty Index (MPI) Three poorest states in India Identification of states based on MPI data Introduction: The NITI Aayog, a policy think tank of the Government of India, released its Multidimensional Poverty Index (MPI) report, providing a comprehensive assessment of poverty beyond income levels. The MPI considers various deprivations … Read more Name the three states that emerged poorest in India according to NITI Aayog’s Multidimensional Poverty Index report.

Points to Remember: Definition of Population Growth Rate (PGR) Data on India’s PGR (1980-2011) Factors influencing India’s PGR during this period Comparison with global trends (optional) Implications of India’s PGR Introduction: Population growth rate (PGR) refers to the annual rate of increase in a population’s size. It’s calculated as the difference between the birth rate … Read more Define population growth rate in India between 1980–2011.

Points to Remember: India’s National Income is the aggregate monetary value of all goods and services produced within the country’s borders in a specific period. Different sectors contribute varying proportions to the National Income. Data on sector-wise contribution fluctuates yearly but reveals broad trends. Understanding sectoral contribution is crucial for policymaking and economic planning. Introduction: … Read more How much is the contribution by different sectors in India’s National Income?

Points to Remember: Inclusive growth prioritizes equitable distribution of benefits. It focuses on reducing inequalities across various dimensions. It requires targeted policies and interventions. Measurement of inclusive growth is complex and multifaceted. Sustainability is crucial for long-term inclusive growth. Introduction: Inclusive growth is a development strategy that aims to improve the well-being of all members … Read more What do you understand by Inclusive Growth?

Points to Remember: Sustainable development balances economic growth, social equity, and environmental protection. It considers the needs of the present without compromising the ability of future generations to meet their own needs. It requires integrated approaches involving governments, businesses, and individuals. Measuring and monitoring progress towards sustainability is crucial. Introduction: Sustainable development is a concept … Read more What is sustainable development?