Q1) Examine the impact of Disruptive Agricultural Technologies on agricultural sector in India and mention the support mechanisms needed to foster the growth of agtech start-ups in this space.(150 Words/10 Marks) Answer: Disruptive technology is an innovation that dramatically changes how consumers, industries, or businesses function. Disruptive Agricultural Technologies (DATs) have had a profound impact…
Q1) ‘Wider MSP guarantee can nudge farmers to diversify beyond paddy and wheat, bolster incomes and consumption’. Do you agree? Justify with suitable arguments. (150 Words/10 Marks) Answer: Minimum Support Price (MSP) is the rate at which the government purchases certain crops from farmers. MSP is decided based on the recommendations of the Commission for…
Q1) Examine the potential of the food processing sector in doubling farmer’s income, boosting agricultural development and increasing consumer choices.(150Words/10 Marks) Answer: The food processing sector converts raw food materials from d materials of agriculture, animal husbandry or fisheries into edible products with higher commercial value. Potential of food processing sector in doubling farmer’s…
Q1) The cropping pattern in India is skewed in favor of water-intensive crops. Analyse the reason for the trend and the need to move towards sustainable farming practices. (150 Words/10 Marks) Answer: Cropping Pattern means the proportion of area under different crops at a point of time, changes in this distribution over time and factors…
Q1) What are the key challenges with government subsidies on Agriculture? Argue for and against the case. (150 Words/10 Marks) Answer: Government subsidies are a tool used to support farmers, stabilize food prices, and ensure food security. However, they come with a set of challenges and benefits. Key challenges with government subsidies on agriculture: Market…
Q1) While the MSMEs play a pivotal role in the Indian economic landscape, they suffer from a variety of obstacles that have prevented the sector from realizing its true potential. Elucidate. (150 Words/10 Marks) Answer: MSMEs (Micro, Small, and Medium Enterprises), are a significant segment of India’s economic fabric, contributing to industrial employment, value addition,…
Q1) What do you understand by ‘off budget borrowings? Discuss its implications on the fiscal health of the government. (150 Words/10 Marks) Answer: ● Off-budget borrowing refers to loans acquired by government agencies, such as public sector undertakings (PSUs), which are not accounted for in the government’s budget and fiscal deficits. they are obtained under…
Q1) What are the various factors that influence the inflation trends in the country? Highlighting the role played by the Monetary Policy Committee (MPC) to check inflation and promote the economic stability and growth prospects in the country. (150 Words/10 Marks) Answer: Inflation refers to a broad rise in the prices of goods and services…
Q1) Why is it said that India does not have an unemployment problem, it has wage problem? (150 Words/10 Marks) Answer: While a significant portion of the Indian population is employed, many are engaged in low-paying, informal sector jobs that lack job security and adequate working conditions. This phenomenon is characterized by underemployment, low wage…
Q1) Analyze the need for gender-responsive budgets and its impact in eliminating systemic gender inequality. (150 Words/10 Marks) Answer: Gender-responsive budgeting is an approach that ensures budgets are inclusive and equitable towards women. By examining and addressing the distinct and varied needs of women, these budgets aim to distribute resources fairly. Need for Gender-Responsive Budgets:…
