economics ii mains 12

7/25/2019 Economics II Mains 12

1/12

CS(M4) EXAM2012

Serial No.

E

F D T N M F D P B

ECONOMICS

PaperII

Maximum Marks 300

Time Allowed Three flours

INSTRUCTIONS

Each question is printed both in Hindi and in English.

Answers must be written in the medium specified in the

Admission Certificate issued to you. which must be stated

clearly on the cover of the answer-book in the space provided

for the purpose. No marks will be given for the answers

written in a medium other than that specified in the Admission

Certificate.

Candidates should attempt Question Nos. 1 and S which

are compulsory, and any three of the remaining questions

selecting at least one question from each Section.

The number of marks carried by each question is indicated

at the end of the question.

Important : Whenever a Question is being attempted, all

its parts/sub-parts must be attempted contiguously. This

means that before moving on to the next Question to be

attempted, candidates must finish attempting all parts/

sub-parts of the previous Question attempted. This is to

be strictly followed.

Pages left blank in the answer-book are to be clearly struck

out in ink. Any answers that follow pages left blank may

not he given credit.

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(b) Distinguish between cooperative, contractual and

corporate farming. Which of these is best suited

for India and why ?

(c)

Delineate the trends in the growth and industrial

composition of public sector in India during the

pre-liberalisation period.

3. Attempt the following in not more than 250 words

each : 0x3=60

(a)

Compare the strategies of trickle down growth

with inclusive growth. Why should the strategy

of inclusive growth be preferred ?

(b)

How was the Jute industry affected after partition ?

What remedial measures were taken to arrest its

decline ?

(c)

Discuss the various measures of poverty with policy

implications for removal of poverty.


each : 0x2=60

(a) A number of production lines were reserved for

the small scale sector in the pre-liberalisation

period. Did such reservation achieve its objectives ?

Explain in detail.

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6/12

(b) What are the factors which determine the size

and composition of national income ? In this

respect contrast the scenarios between pre and

post liberalisation periods.

SECTIONB

5. Attempt the following in not more than

15

words

each :

2x5=60

(a)

Characterise the inflationary process in the last

three years. What steps were taken by the RBI

and the Government to control it ?

(b)

Explain why in spite of poverty alleviation schemes

number of the poor has not fallen very much.

(c)

Discuss the factors responsible for slow growth

in agriculture in recent years. What steps ought

to be taken for sustained growth in this sector ?

(d)

Can disinvestment in public sector units be a

sustainable alternative for raising resources for

government expenditure ?

(e)

Would a flexible exchange rate regime serve India

better than a fixed exchange rate regime in the

current international scenario ?

6

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each :--

0x2=60

(a)

Discuss the salient features of TRIPS and Indian

position on (i) geographical indications and

(ii) plant breeders rights.

(b) Why is capital inflow through multinational

corporations preferred over foreign debt ?


each :

0x3=60

(a)

Discuss the major recommendations of the

Thirteenth Finance Commission with regard

to augmentation of resources of local governments.

(b)

Distinguish between fiscal federalism and political

federalism. How has fiscal federalism been

evolving in relation to special category States in

particular and other States in general ?

(c)

How is GST different from VAT ? What is the

grand bargain suggested by the Thirteenth

Finance Commission for implementation of

GST ?

8


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each :

0x2=60

(a) Examine the new EXIM policy. Given the tough

competition in international trade, what corrective

measures would you suggest to make it more

successful in boosting Indian exports ?

h) Explain the salient features of the Fiscal

Responsibility Act. Explain to what extent has

the Government of India been able to adhere to

the provisions of this Act 7

to


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Note : English version of the Instructions is printed on

the front cover of this question paper

1 2

economics ii mains 12

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