Economy Archives

DMPQ-India recently ratified Kigali Amendment to the Montreal Protocol on Substances that Deplete the Ozone Layer for phase down of Hydroflurocarbons (HFCs). Explain the significance of the decision. Also mention it’s probable impacts on India’s economy including employment generation.

The Union Cabinet, had given its approval for ratification of the Kigali Amendment to the Montreal Protocol on Substances that Deplete the Ozone Layer for phase down of Hydroflurocarbons (HFCs) by India, adopted by the Parties to the Montreal Protocol on October, 2016 at 28 th Meeting of the Parties to the Montreal Protocol held … Read more

DMPQ-Write a short note Indian government’s efforts of Poverty Estimation in India.

Poverty is a state or condition in which a person lacks the resources for a minimum standard of living. Traditionally, the term poverty refers to lacking enough resources to provide the basic necessities of life – food, clean water, shelter and clothing. But modern economists extend the term to include access to health care, education … Read more

DMPQ-What are ‘Smart Cities’? Examine their relevance for urban development in India. Will it increase rural-urban differences? Give arguments for ’Smart Villages’ in the light of PURA and RURBAN Mission.

A ‘smart city’ is an urban region that is highly advanced in terms of overall infrastructure, sustainable real estate, communications and market viability. It is a city where information technology is the principle infrastructure and the basis for providing essential services to residents. In recent times, the increasing burden on urban settlements raises concern related … Read more

DMPQ-. Explain how Reserve Bank of India conducts monetary policy?

The Reserve Bank of India (RBI) is vested with the responsibility of conducting monetary policy. This responsibility is explicitly mandated under the Reserve Bank of India Act, 1934. Recently there were many changes in the way Monetary Policy of India is formed – with the introduction of Monetary Policy Framework (MPF), Monetary Policy Committee (MPC), … Read more

dmpq-What is Unified Payment Interface (UPI) ? Mention the importance and challenges associated with UPI.

Unified Payment Interface (UPI) is recently in news. UPI is believed to revolutionize the way Indians do banking. In this post we will see what UPI is and how safe is using UPI. Unified Payment Interface (UPI) is a newly introduced platform to transfer money between any two bank accounts in India, by avoiding the … Read more

dmpq-Discuss the direct and indirect instruments of used for implementing Monetary policy.

There are several direct and indirect instruments that are used for implementing monetary policy. Repo Rate The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities under the liquidity adjustment facility (LAF). Reverse Repo Rate The (fixed) interest rate at which the … Read more

dmpq-. Explain how Depreciation and Appreciation of Indian Rupee effects India’s export and import .

. A devaluation means that more local currency is needed to purchase imports and exporters get more local currency when they convert the export proceeds (the foreign exchange that they get for their exports). In other words: imports become more expensive; importers lose money while exporters earn more money. This is supposed to discourage imports … Read more

dmpq-. Explain the reasons for India’s high NPA’s. Also discuss how does it impacts India’s Economy.

Possible reasons for NPAs Diversification of funds to unrelated business/fraud. Lapses due to diligence. Busines losses due to changes in business/regulatory environment. Lack of morale, particularly after government schemes which had written off loans. Global, regional or national financial crisis which results in erosion of margins and profits of companies, therefore, stressing their balance sheet … Read more

dmpq-What are small Finance Banks (SFB’s). What are the Criteria to set up the SFB’s.

The concept of differentiated banks is not entirely new. In fact, and in a sense, the Urban Co Operative Banks (UCBs), the Primary Agricultural Credit Societies (PACS), the Regional Rural Banks (RRBs) and Local Area Banks (LABs) could be considered as differentiated banks as they operate in localized areas. SFB’s are niche banks that focus … Read more

dmpq-. Discuss how rainfed farming is related with Agro-Economy. Also mention the challenges of rainfed Agricuture.

Rain-fed areas produce nearly 90% of millets, 80% of oilseeds and pulses, 60% of cotton and support nearly 40% of our population and 60% of our livestock. These facts present an existing vulnerability to ensuing climate change. The only option we have is being prepared, adapt, and mitigate climate change. Rain-fed areas are ecologically fragile … Read more