Here is the 3rd Economics Mains Marathon Optional Test.
Economics Mains Marathon : Test-3
- Mention the different components of supply of money as specified by the Reserve Bank of India. In what sense is the narrow money `narrow’?
- Explain H-theory of money supply.
- Compare the various instruments of monetary policy with respect to influencing the cost and availability of credit.
- Explain Milton Friedman’s reformulation of the Quantity Theory of Money.
- Derive money multiplier when a part of money supply is exogenous and the other part is endogenous.
- What is the difference between private and social cost-benefit? Which one of the two is more relevant to government investment decision and why?
- State five reasons that support government intervention in agricultural markets.
- What do you understand by shifting of a tax? How does a monopolist succeed in shifting the burden of a tax under increasing marginal cost?
- What is the difference between horizontal equity and vertical equity while considering ability to pay? How should the problem be resolved? Illustrate graphically.
- The objective of fiscal stabilisation has become difficult to be achieved in most of the developing countries due to economic compulsions and political pressures.” Comment upon the statement.
- Analyse the recent trend of gross capital formation in agriculture. Has it, do you think, been responsible for the sluggish growth rate in agriculture?
- Critically examine the arguments usually put forward in favour of disinvestment of public enterprises.
- Compare the strategies of trickle down growth with inclusive growth. Why should the strategy of inclusive growth be preferred?
- Explain why in spite of poverty alleviation schemes number of the poor has not fallen very much.
- During the British rule, commercialisation of agriculture was forced on the farmers, while now it is the need of the hour. Discuss
- Discuss the impact of the World Trade Organization (WTO) on Indian Agriculture.
- Vitalisation of rural economy is key to inclusive growth which is possible through strategic management and technological upgradation. Explain
- Examine the labour policy of India and its impact on employment (labour) market in Indian economy.
- “India has of late been over-tertiarised”. Do you agree? Substantiate your answer.
- Second generation economic reforms are crucial for raising the growth rate of economy. Throw light on these dimensions.
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