5_6143400913869472245

An Institute for Civil Services
IAS MAINS
MENTORSHIP
REFLECTIVE
EXERCISE
30 Minutes Essential Exercise
For Mains
ECONOMIC
SURVEY
www.iasscore.in
IAS MAINS 2020
MENTORSHIP
30 Minutes Essential Exercise For Mains
Dear All,
GS SCORE Mains Mentorship initiative is exclusively designed for its students

only which will help to add value addition in your preparation without
consuming time and efforts. You can continue with your daily routine, and spare
just 30 minutes for brief exercise. This initiative is just a 30 minutes reflective
practice to make you more a thinking mind. It will improve your answer quality
without any discomfort.
Reflective practice highlights:
! 200+ Contemporary Issues of GS Paper 1,2, and 3
for reflective practice and very compact notes
! Ethics 100 words updation notes on key areas
including examples
! Essay philosophical topics brainstorming
Reflective practice is an assessment that encourages students to reflect on what
they have learned and to relate that learning to some specific context. Most of the
candidates are engaged in taking tests and writing more and more. Often, they
repeat mistakes and worry about constant low marks in tests.
We will post questions to cover maximum contemporary issues, Ethics and Essay.
You have to spare 20-30 minutes on a daily basis to just think about the questions
and some of the brief notes. This exercise will help you to revise a great portion
of syllabus without disturbing your original study plan for mains.
Reflective practice is, in its simplest form, thinking about or reflecting on some
questions or issues. It is closely linked to the concept of learning from thinking
and recollecting and developing correlation between different topics and
subjects. These practices help to deliver thought quickly and qualitatively a better
content.
GS SCORE
www.iasscore.in ECONOMY SURVEY 3
ECONOMIC SURVEY
2019-20
Chapter: 1. Wealth Creation: The Invisible Hand Supported by the Hand of Trust
(Q.1) The Economic Survey 2019-20 says that wealth creation through the ‘invisible
hand’ supported by the ‘hand of trust’ is sustainable for the Indian economy.
Analyze. Suggest some viable alternative mechanism to take off from the current
slowdown.
Thinking Line: 1.
2.
3.
(Q.2) It is said that the ‘pro-crony’ economy should be replaced by a ‘pro-business’ economy
for the realiza on of the $5 trillion economy goal. In this light, the statement brings out
a list of sugges ons for wealth crea on in the country amidst the new challenges.
Thinking Line: 1.
2.
3.
4 MAINS MENTORSHIP PROGRAMME 2020 | DAY 18 | www.iasscore.in
Chapter: 2. Entrepreneurship and Wealth Creation at the Grassroots

(Q.1) What are the Major Determinants of Entrepreneurial Activity which are limited to
district level conditions? Also, throw light on Social and physical infrastructure as
major Determinants of Entrepreneurial Activity.
Thinking Line: 1.
2.
3.
(Q.2) India faces Spatial Heterogeneity in Entrepreneurial Activity. Critically Examine.

Also, explain the relationship between Entrepreneurship and GDP.
Thinking Line: 1.
2.
3.
Chapter: 3. Pro-Business versus Pro-Crony

(Q.1) What do you understand by Wilful default? Give the criteria to declare a borrower
as a wilful defaulter in India? How does it affect the borrower after being termed
as wilful default?
Thinking Line: 1.
2.
3.
(Q.2) Pro-crony policies erode wealth in the economy as cronyism fosters inefficiencies
by inhibiting the process of creative destruction. Elucidate in the context of the
Indian economy.
Thinking Line: 1.
2.
3.
Chapter: 4. Undermining Markets: When Government Intervention Hurts More Than It Helps
(Q.1) “Excessive intervention by the government stifles economic freedom “. In the light
of this statement explains how the Essential Commodities Act, 1955 affects the
efficient development of the agricultural market in India.
Thinking Line: 1.
2.
3.
(Q.2) “Indian economy is replete with examples where Government intervenes even if
there is no risk of market failure”. Elaborate.
Thinking Line: 1.
2.
3.
Chapter: 5. Creating Jobs and Growth by Specializing to Exports in Network Products

(Q.1) With reference to Economic Survey which industries should India specialize in for
job creation? Also, examine whether free trade agreements are beneficial for India
or not?
Thinking Line: 1.
2.
3.
Chapter: 6. Targeting Ease of Doing Business in India

(Q.1) India’s economic growth has not been very encouraging. What are the reasons
for low economic growth? Up to what extent can improve the ‘Ease of Doing
Business’ help in reviving the Indian economy?
Thinking Line: 1.
2.
3.
(Q.2) Briefly discuss the performance of India in different parameters of ‘Ease of Doing
Business’. How has the implementation of Goods and Services Tax (GST) helped
India to improve upon the low performing parameters?
Thinking Line: 1.
2.
3.
Chapter: 7. Golden Jubilee Of Bank Nationalisation: Taking Stock

(Q.1) Analyse the creation of a Fintech hub in the quest of making Public Sector Banks
more efficient.
Thinking Line: 1.
2.
3.
(Q.2) Highlight the causes of the weakening of public sector banks. Also, suggest some
measures to improve their efficiency.
Thinking Line: 1.
2.
3.
Chapter: 8. Financial Fragility In The NBFC Sector

(Q.1) Briefly describe the challenges about the NBFC sector as illustrated by the
Economic Survey. Analyze if there is a need for re-orientation in their business
plan.
Thinking Line: 1.
2.
3.
(Q.2) While describing the Health Score/index as devised by Economic Survey for NBFC,
analyze its usefulness in arresting financial fragility.
Thinking Line: 1.
2.
3.
Chapter: 9. Privatization and Wealth Creation

(Q.1) The government’s plan of selling Bharat Petroleum Corporation (BPCL), Container
Corporation of India (Concorp), and Air India are unlikely to conclude by March
2020, which might result in missing the disinvestment target by a wide margin.
Critically Examine.
Thinking Line: 1.
2.
3.
(Q.2) Economic Survey of 2019-2020 has one chapter dedicated to Privatization and
wealth creation. In the context of the above statement, discuss in brief what will
be the impact of the Privatization of Central Public sector enterprises. How can it
improve the economic performance of the CPSEs?
Thinking Line: 1.
2.
3.
Chapter: 10. Is India’s GDP Growth Rate Overstated? No!

(Q.1) Investment catalyzes the economy into a virtuous cycle. Elaborate.
Thinking Line: 1.
2.
3.
(Q.2) Growth rate is a driver of investment. Discuss some recent initiatives taken to
foster investment in the economy.
Thinking Line: 1.
2.
3.
Chapter: 11. Thalinomics: The Economics Of A Plate Of Food In India

(Q.1) “As the food is a necessity, a rapid rise in the price of a Thali has the most direct
and conspicuous effect on the common man”. Comment.
Thinking Line: 1.
2.
3.
Chapter: 12. State of the Economy

(Q.1) In recent years, India has seen an increasing casualisation of work even in the so-
called ‘organised sector’. However, there is also brewing employment crisis in the
Indian economy. Discuss.
Thinking Line: 1.
2.
3.
Chapter: 13. Fiscal Developments

(Q.1) Analyze the creation of a Fintech hub in the quest of making Public Sector Banks
more efficient.
Thinking Line: 1.
2.
3.
(Q.2) Highlight the causes of the weakening of public sector banks. Also, suggest some
measures to improve their efficiency according to the recently released Economic
Survey of India.
Thinking Line: 1.
2.
3.
Chapter: 14. External Sector

(Q.1) The vibrant and dynamic external sector is the panacea to the current Sustainable
development processes taking place in the developing nations. Discuss, keeping
in view, the Indian development pace and path.
Thinking Line: 1.
2.
3.
Chapter: 15. Monetary Management and Financial Intermediation

(Q.1) During 2019-20, the monetary policy stance changed from neutral to
accommodative. Explain.
Thinking Line: 1.
2.
3.
(Q.2) The monetary management and financial intermediation will lead to an increase
in the economic growth and development of enterprises. Discuss, taking in view
the factor of Insolvency and Bankruptcy Code?
Thinking Line: 1.
2.
3.
Chapter: 16. Prices and Inflation

(Q.1) Inflation, especially in the emerging economies, is affected by global economic
growth and its trends. Discuss, considering the Indian context.
Thinking Line: 1.
2.
3.
(Q.2) The Indian states having higher GSDPs have higher inflationary trends as compared
to states having lower inflationary trends. Critically analyze and put suggestive
ways forward to curb the increase in inflation.
Thinking Line: 1.
2.
3.
Chapter: 17. Sustainable Development and Climate Change

(Q.1) Discuss the SDG Nexus approach, discussed in the Economic Survey 2019-20,
with suitable examples.
Thinking Line: 1.
2.
3.
(Q.2) Explain the reasons behind a high concentration of PM 2.5 in the National Capital
Region during the harvest season of the Kharif crop. Also, discuss the possible
measures.
Thinking Line: 1.
2.
3.
Chapter: 18. Agriculture & Food Management

(Q.1) Discuss how MSP can help bring more income stability to the farmers and what
are the challenges in ensuring that farmers receive the MSP on most crops?
TThinking Line: 1.
2.
3.
Examine the major challenges for FCI to ensure adequate stocks and supply of food grains for various PDS
schemes.
Thinking Line: 1.
2.
3.
Chapter: 19. Industry & Infrastructure

(Q.1) “Volatility of MSME sector and auto sector coupled with a decline in domestic
and external demands has led to a slump in India’s economic growth” Critically
Analyze.
Thinking Line: 1.
2.
3.
(Q.2) “Amid government’s intent to make India a $5 trillion economy, formation of

National Infrastructure Pipeline with $1.4 trillion investment is a path-breaking
step”. Analyze.
Thinking Line: 1.
2.
3.
Chapter: 20. Services Sector

(Q.1) Briefly discuss the trend of FDI inflow into the Services Sector?
Thinking Line: 1.
2.
3.
(Q.2) Discuss the global as well as national changes undergoing in the space sector in
recent years.
Thinking Line: 1.
2.
3.
Chapter: 21. Social Infrastructure, Employment, and Human Development

(Q.1) While women account for almost half of India’s population, their participation in
the labor market is almost one-third, as well as declining over several rounds of
the survey. Discuss
Thinking Line: 1.
2.
3.
(Q.2) Investment in social infrastructure is a pre-requisite for inclusive growth and

employment”. In this context, discuss the trends in social sector expenditure in
India.
Thinking Line: 1.
2.
3.
**********
ECONOMIC SURVEY
2018-19
Chapter: 1. CHAPTER-1 Shifting Gears: Private Investment
(Q.1) Why the traditional economics driven by the general equilibrium model are not
most adequate for rational decision-makers in the economy?
Thinking Line: 1.
2.
3.
(Q.2) What do you understand by the term Virtuous cycle and how does it support the
economic growth in the respective country?
Thinking Line: 1.
2.
3.
(Q.3) What does India need to do to achieve 8 percent growth in the coming years?
Thinking Line: 1.
2.
3.
Chapter: 2. Policy for Homo Sapiens, not Homo Economicus: Leveraging the Behavioural
Economics of “NUDGE”
(Q.1) Why Does India Need Nudging? How Should India Implement Nudge Theory?
Thinking Line: 1.
2.
3.
Chapter: 3. Nourishing Dwarfs to become Giants: Roerienting Policies for MSME Growth
(Q.1) MSMEs that grow not only create greater profits for their promoters but also
contribute to job creation and productivity in the economy. Comment. Also,
discuss the impact of labour regulation on MSMEs in India.
Thinking Line: 1.
2.
3.
Chapter: 4. Data “Of the People, By the People, For the People”
(Q.1) Data and information highway must be viewed as equally important infrastructure
as the physical highways. Critically examine.
Thinking Line: 1.
2.
3.
Chapter: 5. Ending Matsyanyaya: How to Ramp-up capacity in the Lower Judiciary

(Q.1) What suggestions according to you can help in enhancing the productivity of the
judiciary? Is there a need for a drastic change in the Judicial set up or there exist
any probable pragmatic corrective mechanism? Analyze.
Thinking Line: 1.
2.
3.
(Q.2) The single biggest constraint to ease of doing business in India is the weak ability
to enforce contracts and resolve disputes. What corrective measures have been
suggested by the Economic Survey? How far is it pragmatic? Examine
Thinking Line: 1.
2.
3.
Chapter: 6. How does Policy Uncertainty affect Investment?

(Q.1) According to Economic Survey 2018-19, Economic Policy Uncertainty has reduced
significantly in India over the last decade. Substantiate.
Thinking Line: 1.
2.
3.
(Q.2) What is the Economic Policy Uncertainty Index? Define the relationship of
Economic Policy uncertainty with Investment in India.
Thinking Line: 1.
2.
3.
Chapter: 7. ndia’s Demography at 2040: Planning Public Good Provision for the 21st Century
(Q.1) Explain how India can solve the problem of ageing and its impact on socio-
economic aspects of the country.
Thinking Line: 1.
2.
3.
(Q.2) Critically analyse the recent trends of India’s demography.

Thinking Line: 1.
2.
3.
Chapter: 8. From Swachh Bharat to Sundar Bharat via Swasth Bharat: An Analysis of the Swachh
Bharat Mission
(Q.1) Apart from financial resources, a mindset change is the other major ingredient
required for sustained progress in sanitation. Analyse in the light of Swachch
Bharat Abhiyan.
Thinking Line: 1.
2.
3.
(Q.2) Swachh Bharat has to be a mission of the people, by the people, facilitated by the
government. Comment.
Thinking Line: 1.
2.
3.
(Q.3) Eliminating open defecation is just one aspect of the Swachch Bharat Mission.
Discuss the holistic approach required to make SBM a success.
Thinking Line: 1.
2.
3.
Chapter: 9. Enabling Inclusive Growth through Affordable, Reliable & Sustainable Energy
(Q.1) “Renewable energy sources are a strategic national resource. Harnessing these
resources is a part of India’s vision to achieve social equity and energy transition
with energy security, a stronger economy, and climate change mitigation.”
Elucidate it with reference to India’s INDC commitments and steps taken by India
to achieve it.
Thinking Line: 1.
2.
3.
(Q.2) Discuss the role of energy in determining GDP growth of a nation. Examine it with
reference to energy poverty in India and its quest to enter the club of the upper-
middle-income group.
Thinking Line: 1.
2.
3.
Chapter: 10. Effective use of Technology for Welfare Schemes - Case of MGNREGS
(Q.1) The use of technology in streamlining MGNREGS has helped increase its efficacy.
Substantiate this Statement.
Thinking Line: 1.
2.
3.
(Q.2) DBT enabled MGNREGS has helped to alleviate the distress of workers. In light of
the above statement, highlight the benefits of careful and effective targeting of
government welfare programs.
Thinking Line: 1.
2.
3.
Chapter: 11. Redesigning a Minimum Wage System in India for Inclusive Growth
(Q.1) Despite India’s outstanding growth in the last two decades, low pay and wage
inequality remain serious obstacles towards achieving inclusive growth. Discuss.
Thinking Line: 1.
2.
3.
Chapter: 12. CHAPTER-1 State of the Economy in 2018-19: A Macro View

(Q.1) Does India’s liquidity framework need a revamp? Comment.
Thinking Line: 1.
2.
3.
Chapter: 13. Fiscal Developments

(Q.1) Discuss the significance of fiscal policy in India’s economic framework.
Thinking Line: 1.
2.
3.
Chapter: 14. Monetary Management & Financial Intermediation

(Q.1) The resilience and strong foundation of financial markets, nurtured over time,
presents an opportunity for India. Analyse.
Thinking Line: 1.
2.
3.
Chapter: 15. Prices & Inflation

(Q.1) Expanding the money supply is a cause of concern. This excess money is now
chasing goods and services in the economy causing rapid inflation. Comment.
Thinking Line: 1.
2.
3.
Chapter: 16. Sustainable Development & Climate Change

(Q.1) India considers the outcome of COP24 a positive one which addresses concerns
of all Parties and sets us on the path towards successful implementation of the
Paris Agreement. Elucidate.
Thinking Line: 1.
2.
3.
(Q.2) Air pollution is one of the biggest global environmental challenges of today and
a major issue in India. In this context, enumerate various steps taken by the Indian
government to tackle the issue of increasing air pollution.
Thinking Line: 1.
2.
3.
(Q.3) Resource Efficiency (RE) has emerged as one of the key strategies towards the
2030 Agenda of achieving the SDGs. Elaborate.
Thinking Line: 1.
2.
3.
Chapter: 17. External Sector

(Q.1) India’s Current Account Deficit (CAD) widens to 2.1% of GDP. In this context,
analyse how the variation in CAD impacts the economy.
Thinking Line: 1.
2.
3.
(Q.2) What is the difference between FDI and FPI? FDI is more desirable than FPI for
Indian Economy. Comment.
Thinking Line: 1.
2.
3.
Chapter: 18. Agriculture and Food Management

(Q.1) What are the key factors in bringing resource efficiency in small holders agriculture?
Also, suggest some policy changes required to bring resource efficiency.
Thinking Line: 1.
2.
3.
(Q.2) The Government has set a target of doubling of farmers’ income by the year 2022.
By listing major government initiatives, discuss the action plan to make the goal
achievable
Thinking Line: 1.
2.
3.
Chapter: 19. Industry & Infrastructure

(Q.1) “India’s Telecom sector has risen sharply with growth in the customer base of
about 27% and contribution of about 6.5% in India’s GDP”. Discuss the proactive
role played by the government in India’s telecom revolution.
Thinking Line: 1.
2.
3.
(Q.2) “India’s scheduled domestic air transportation for passengers and goods has
grown by 14 per cent and 12 per cent respectively along with domestic passenger
traffic in revenue passenger kilometre (RPK) recorded the fastest growth in the
world at about 20 per cent for over 50 consecutive months.” Discuss the different
factors which contributed to the rising of India’s domestic aviation sector.
Thinking Line: 1.
2.
3.
Chapter: 20. CHAPTER-9: Services Sector

(Q.1) Analyse the Indian services sector through examining its growth and contributions
in the economy. Discuss some policy initiatives to further develop this sector.
Thinking Line: 1.
2.
3.
Chapter: 21. Social Infrastructure, Employment & Human Development

(Q.1) The role of women is critical not only across agriculture and industrial sectors
but also in governance, education and health services. In this regard, analyze the
various steps taken by the Government of India to mainstream women and make
women active agents of change in society.
Thinking Line: 1.
2.
3.
(Q.2) The schooling system improves the educational level of the population. It is
skill training that equips the youth to enter the labour market and improves
their employability. But there is a disconnect in the skilling ecosystem. Suggest
measures to bridge this disconnect.
Thinking Line: 1.
2.
3.
(Q.3) Discuss how Pradhan Mantri Gram Sadak Yojana has contributed to rural
connectivity and in managing plastic waste.
Thinking Line: 1.
2.
3.
**********

5_6143400913869472245

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

5_6143400913869472245

Uploaded by

Copyright:

Available Formats

An Institute for Civil Services

GS SCORE Mains Mentorship initiative is exclusively designed for its students

Chapter: 2. Entrepreneurship and Wealth Creation at the Grassroots

(Q.2) India faces Spatial Heterogeneity in Entrepreneurial Activity. Critically Examine.

Chapter: 3. Pro-Business versus Pro-Crony

Chapter: 5. Creating Jobs and Growth by Specializing to Exports in Network Products

Chapter: 6. Targeting Ease of Doing Business in India

Chapter: 7. Golden Jubilee Of Bank Nationalisation: Taking Stock

Chapter: 8. Financial Fragility In The NBFC Sector

Chapter: 9. Privatization and Wealth Creation

Chapter: 10. Is India’s GDP Growth Rate Overstated? No!

Chapter: 11. Thalinomics: The Economics Of A Plate Of Food In India

Chapter: 12. State of the Economy

Chapter: 13. Fiscal Developments

Chapter: 14. External Sector

Chapter: 15. Monetary Management and Financial Intermediation

Chapter: 16. Prices and Inﬂation

Chapter: 17. Sustainable Development and Climate Change

Chapter: 18. Agriculture & Food Management

Chapter: 19. Industry & Infrastructure

(Q.2) “Amid government’s intent to make India a $5 trillion economy, formation of

Chapter: 20. Services Sector

Chapter: 21. Social Infrastructure, Employment, and Human Development

(Q.2) Investment in social infrastructure is a pre-requisite for inclusive growth and

Chapter: 1. CHAPTER-1 Shifting Gears: Private Investment

Chapter: 5. Ending Matsyanyaya: How to Ramp-up capacity in the Lower Judiciary

Chapter: 6. How does Policy Uncertainty aﬀect Investment?

(Q.2) Critically analyse the recent trends of India’s demography.

Chapter: 12. CHAPTER-1 State of the Economy in 2018-19: A Macro View

Chapter: 13. Fiscal Developments

Chapter: 14. Monetary Management & Financial Intermediation

Chapter: 15. Prices & Inﬂation

Chapter: 16. Sustainable Development & Climate Change

Chapter: 17. External Sector

Chapter: 18. Agriculture and Food Management

Chapter: 19. Industry & Infrastructure

Chapter: 20. CHAPTER-9: Services Sector

Chapter: 21. Social Infrastructure, Employment & Human Development

You might also like