Tag: economics

ARCHIVES 12 September 2014 Q) How does portfolio balance approach differ from monetary approach in determining the exchange rate? (200 Words) Q) If all assumptions hold true how does the trade between nations tend to bring about equalization of factor prices (250 Words)

ARCHIVES 09 September 2014 1) Would a flexible exchange rate regime serve India better than a fixed exchange rate regime in the current international scenario? (150 words) 2) Elucidate how does Kalecki’s theory of distribution share the value of output between labour and capital? (200 words)  

ARCHIVES 08 September 2014 1) 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? (250 words) 2) Is rent a surplus? Give reasons in support of your assertion and point out the difference between “rent” and “quasi rent”? …

Continue reading “Economics-2014: Answer Writing Challenge – 7”

ARCHIVES 06 September 2014 Q1) Why are trading blocks formed? Explain the welfare impact of such trading blocks for non member countries? (250 words) Q2) “Industrial development and environmental degradation are highly correlated”. If it is true what should be in your opinion the policy options for industrialization process vis–a-vis pollution control? (250 words)  

ARCHIVES 05 September 2014 1) Explain the salient features of the Fiscal Responsibility and Budget Management Act. Explain to what extent has the government of India been able to adhere to the provisions of this act? (350 words) 2) Why is capital inflow through multinationals corporations preferred over foreign debt? (300 words)