Q. Explain the role of the Multi-purpose River Projects in the development of Bihar State. [44 BPSC/2002] ©crackingcivilservices.comAns: Multipurpose river projects refers to the building of large dams where the many uses of the impounded water are integrated with one another. e.g. for generating hydro-electricity and for supplying water for irrigation, industrial and domestic purposes. …
Q. “Physical diversity in India has lead to uneven economic development.”- Elucidate with suitable example. [48-52 BPSC/2009] ©crackingcivilservices.comAns: India is a land of diversity. Physical diversity is one among various diversities which influences the extent of development of various regions in India. The physical diversity presents different kinds of climatic conditions for the inhabitants. India …
Q. “Natural disasters are the main causes of poverty in Bihar”. Do you agree with this statement? Comment your views. [47 BPSC/2007] ©crackingcivilservices.comAns: Bihar faces multiple natural disasters, for example, floods, droughts, earthquakes, cyclones, heat waves, cold waves, landslides etc.Bihar has a long history of disaster. e.g. a very severe earthquake occured in Bihar in …
Q. Explain the role of WTO in the context of Indian economy. [64 BPSC/2019] ©crackingcivilservices.comAns: The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in …
Q. Explain the role of WTO in the context of Indian economy. [64 BPSC/2019] Read More »
Q. What is the Disinvestment Policy of Indian Government? Did it succeed to achieve its objectives? [45 BPSC/2002] ©crackingcivilservices.com Ans:The New Industrial Policy 1991, talked of disinvestment. Disinvestment means sale or liquidation of assets by the government, usually Central and state public sector enterprises, projects, or other fixed assets.In some cases, disinvestment may be done …
Q. What is the second phase of Economic Reforms? Explain its role in economic growth of India. [44 BPSC/2002] ©crackingcivilservices.comAns:Post 1991 reforms seen the economy benefits. Encouraged by the benefits, the second generation/phase reforms were initiated by the end of 1990’s.The reason for calling these set of reforms as the second generation/phase reforms is that …
Q. Critically explain the achievements of New Economic Reforms in India. [45 BPSC/2002]©crackingcivilservices.com Ans: New economic reforms in India refers to the neo-liberal polices introduced by the government in 1991 and in the later years. The central point of the reforms was liberalization of the economy, simplifying regulations, giving more role to the private sector …
Q. Critically explain the achievements of New Economic Reforms in India. [45 BPSC/2002] Read More »
Q. Examine the resource potentials, planning and development of industries in Bihar. [42 BPSC/1999] Ans: The resource potentials of Bihar: The resources that are available in a particular region and can be utilized in the future are known as resource potentials. e.g. availability of mineral, water, solar energy, fertile land etc. To make the best …
Q. What do you mean by district Planning? What are the conditions of its success? [40 BPSC/1995] ©crackingcivilservices.com Ans: District planning is a kind of area based sub-state planning and arises from the need to supplement the national and state plans with a more detailed examination of the resources, problems and potentials of local areas …
Q. What is demographic dividend’ ? Explain its impact on economic growth. (56-59 BPSC/2016) ©crackingcivilservices.comAns:According to United Nations Population Fund (UNFPA), demographic dividend means, “the economic growth potential that can result from shifts in a population’s age structure, mainly when the share of the working-age population (15 to 64) is larger than the non-working-age share …
