Paper-V
INDIAN ECONOMY, GLOBALIZATION AND SUSTAINABLE DEVELOPMENT
Total Marks : 200
Time : 3 hours
The question paper on Indian Economy, Globalization and Sustainable Development shall consist of five sections.
- Section 1 shall be compulsory. This section shall contain twenty objective questions each of two marks (201,2=40 marks). The twenty objective questions of this section shall be drawn from the entire syllabus of the paper; of which 6 questions will be drawn from Group A, 6 from Group B, 4 from Group C and 4 from Group D of the syllabus.
- Section II, Ill, IV & V of the question paper shall have two optional questions each; drawn respectively from Groups A. B. C & D of the syllabus, of which the Candidates will be required to answer one question from each group, each question carrying 40 marks. Thus, altogether the candidates will he required to answer one objective type compulsory question, carrying 40 marks, and 4 optional questions, each carrying 40 marks. The optional questions shall he answered in the traditional, descriptive form; requiring long answers.
Group (A) – Basic Features of Indian Economy
- (I) National Income : Elementary concepts of national Income and methods of Its calculation e.g. GDP, GNP, NDP, NNP. CSDP, NSDP, DDP at constant and current prices, at factor cost etc;
- (II) Inflation : Concept, control of inflation . monetary, fiscal and direct Measures.
- (III) Demographic features: Work force composition demographic dividend with special reference to census of 2011; National Population Policy.
- (IV) Agriculture and Rural Economy : Importance of agriculture in national economy; agricultural growth In Indla production & productivity: causes of low productivity and measures taken by government to improve agricultural production; Green Revolution. Ever Green Revolution and Rainbow revolution; WTO and agriculture. Marketing and pricing of agricultural inputs and outputs.
- (V) Industrial Economy : Policy Initiative & charges.
- (VI) Public Finance : nature importance and scope of public finance; Public Revenue-Principles and types of taxation; direct, indirect, progressive and proportional, concept of VAT
- (VII) Public Expenditure ; Theories of public expenditure; causes of growth of public expenditure and its impact on economy; Internal and external borrowings.
- (VIII) Budget : Principles of budgeting; types of budgeting- Performance based, Zero-based; FRMD.
- (IX) fiscal Policy : Concept and role of fiscal policy in achieving employment stability and economic development.
- (X) Centre-State fiscal relationship, role of Finance Commission; Financial aspects of 73rd and 74th Constitutional amendments.
- (XI) Structure of Indian monetary and banking system in India.
- (XI) (A) Composition and direction of India’s trade; Balance of payment problem.
Group (B) – Sustainable Development. Economic Issues and Indian Development Strategy
- (XII) Meaning and Measurement of Economic Development: Characteristics of Under Development.
- (XIII) Indicators of development : HDI, GDI, GEM; India’s HDI progress.
- (XIV) Role of foreign capital & technology In growth of economy.
- (XV) Sustainable development : concept and indicators of sustainable development; economic, social and environmental sustainability; concept of Green GDP; Strategy and policy for sustainable development In India.
- (XVI) Meaning of inclusive growth and development policy and strategy during 11th and 12th Five Year Plans.
- (XVII) Development status and issues pertaining to socially and economically marginalised sections. like STs. SCs. religious minorities, backward Castes and women; schemes launched for their development by Central/State Governments, Including TSP, SCSP and minorities.
- (XVIII) Poverty and Un-employment : Measurements and trends; identification of BPL families, HPI, Multi Dimensional Indian poverty index.
- (XIX) Food and Nutritional Security : Trends In Food production and consumption in India; Problem of Fool Security : Problems and issues of storage, procurement, distribution. Import and export. Government policies. schemes and programmes such as, PDS, ICDS and Mid-day Meal etc.
- (XX) Governmental policies for food and nutritional security.
- (XXI) Planning Strategy Objectives and strategy of Indian Five Year Plans. Functions and Role of NDC, Planning Commission.
- (XXII) Decentralised Planning : Meaning and Importance; PRIS and decentralised planning; mayor initiatives In India.
Group (C) – Economic Reforms, Nature and Impact on Indian Economy
- (XXIII) New economic Reforms-Liberalization. Privatization and Globalization, rationale and need for reforms, International financial institutions IMF, World Bank. WTO, their role and Impact an Indian economy.
- (XXIV) Financial and Banking sector reforms. economic reforms and rural banking impact on rural credit . sources and problems of rural credit, institutional credit, SHG, micro finance, NABARD, RRBs, Scheduled’ Commercial Banks. rural co-operatives. financial inclusion.
- (XXV) Globalization of Indian economy: its positive and negative Impacts on different sectors, issues of FDI and FII in India.
- (XXVi) Agricultural sector reforms and its impact on growth; issues of subsidies and public investment on agriculture, reforms and agrarian crisis.
- (XXVII) Industrial development and Economic reforms in India : Major changes in Industrial policy. its Impact on Industrial growth and problems of SMEs; role of Public Sector enterprises In India’s Industrialisation in post reforms period; Disinvestment and Privatisation of Public Enterprises.
Group (D) – Economy of Jharkhand : Features, Issues, Challenges and Strategies
- (XXVIII) Economic growth and structure of Jharkhand’s economy. sectoral composition, growth in SDP and per capita NSDP In last decade, Agricultural and industrial growth In Jharkhand.
- (XXIX) Demographic features of Jharkhand : population growth, sex ratio, density, literacy, composition of work force. rural-urban composition etc. with special reference to Census of 2001 and 2011, inter district variations.
- (XXX) Status of poverty, unemployment, food security, malnutrition, education and health indicators in Jharkhand, major Initiatives, Issues of agricultural and rural development. major programs and schemes; poverty alleviation programs: PURA, Bharat Nirman, MCNREGA, PMGSY, SGSY, !AY. NRLM etc.. Food security schemes.
- (XXXI) Land, forest and environmental issues in Jharkhand: land reforms and agrarian relations. tribal land alienation, development induced displacement of people; its impacts and policy Initiatives. Forest issues and implementation of FRA, Environmental degradation and State policy to deal with to.
- (XXXII) Five year plans in Jharkhand strategy and achievement in X and XIth plan, TSP and SCSP, Public finance trends in Jharkhand, Industrial policy in Jharkhand and industrial development
