Answer all the questions. Section A to be answered in about 700 words each and Section B to be answered in about 500 words each.
Section A:
Question 1:
a) How is the inequality of income measured in the economy?
b) Examine the levels of inequality in India. Describe the policy implications of the prevailing levels of inequality in India.
Question 2:
a) Differentiate between foreign direct investment (FDI) and portfolio investment as sources of private foreign capital.
b) Assess the Government of India’s policy towards foreign capital. State the main reasons for slowing down in the inflow of foreign capital as experienced in current times.
Section B:
Question 3: Critically observe the effects of economic reforms on employment and poverty reduction in post-reforms period.
Question 4: Recognize the significant factors which have contributed to the growth rate of production in agriculture.
Question 5: Critically observe the total performance and contribution of small scale industry in terms of its growth, employment, production and exports.
Question 6: “The fiscal position of the state governments has been under stress as the mid-1980s”. Comment on it.
Question 7: Describe any three of the given below:
a) The effects of black economy.
b) Fiscal deficit in India.
c) Monetary transmission method.
d) Public private partnership.
e) Problems related with privatization.