UGI USER, Author at Universal Group Of Institutions

07Oct 2023

UGI USER
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Q. What do you understand about capital account convertibility? State the merits and demerits of full capital account convertibility for India.

Approach Define Capital Account Convertibility (CAC). Substantiate the pros and cons for moving towards the path of fuller CAC in the context of India. Conclude accordingly. Answer Capital account convertibility (CAC) means the freedom to conduct investment transactions without any constraints. Typically, it would mean that there would be no restrictions on the number …

07Oct 2023

UGI USER
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Q. The economic reforms of 1991 were a comprehensive structural overhaul of the Indian economy. Discuss.

Approach Give a brief context about the 1991 economic reforms. Write about salient points of the economic reforms of 1991 to show their extent. Conclude accordingly. Answer The Balance of Payments crisis in 1991 and the subsequent rise in inflation forced India to adopt wide-ranging reforms, popularly known as Liberalization, Privatization, and Globalization (LPG). …

07Oct 2023

UGI USER
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Q. Elaborate on the demand-pull and cost-push factors of inflation in India.

Approach Define inflation in the introduction. Discuss the demand-pull and cost-push factors of inflation in India. Conclude accordingly with a way forward. Answer Inflation refers to a sustained rise in the general price level in the economy and a fall in the purchasing power of money over a period of time. It primarily occurs due …

07Oct 2023

UGI USER
19
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Q.What is gender budgeting? Discuss the challenges associated with it in the Indian context.

Approach Write a short note on the concept of gender budgeting. Highlight the challenges related to it. Briefly mention the steps that need to be taken to address these challenges. Conclude accordingly. Answer Gender budgeting means incorporating a gender perspective at all levels of the budgetary process and restructuring revenues and expenditures in order …

07Oct 2023

UGI USER
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Daily News Analysis

52nd GST Council meeting underway in New Delhi News: In New Delhi, the 52nd GST Council meeting is currently in session. The meeting is being chaired by Nirmala Sitharaman, the Union Finance Minister. Along with senior officials from the Centre and States, Finance Ministers of the States and Union Territories, and Union Minister of State …

07Oct 2023

UGI USER
23
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Governance

Relevance GS Paper 2 Important Aspects of Governance, Transparency and Accountability, E-governance- applications, models, successes, limitations, and potential; Citizens Charters, Transparency & Accountability and institutional and other measures. Tags: #Governance #GoodGovernance #PrincipleOfGovernance #AspectsOfGovernance #UPSC #GS2Governance. What is Governance? The World Bank Defines Governance as “the manner in which the power is exercised in the administration …

07Oct 2023

UGI USER
35
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IBC: Reviving Troubled Businesses and Economy

Relevance GS Paper 3 Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Tags: IBC #NPA #debt #Banking #UPSC #CurrentAffairs #InsolvencyandBankruptcyCode. Why in the News? The Ministry of Corporate Affairs emphasizes professionalism among insolvency professionals (IPs), urging compliance with IBC regulations and the avoidance of conflicts of interest, amid a low 29.5% …

07Oct 2023

UGI USER
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Aligning higher education with the United Nations SDGs

Relevance GS Paper – 2, Government Policies & Interventions, Issues Relating to Poverty & Hunger. Tags: #SDG4 #NEP2020 #upsc #competitive-exams. Why in the news? The recently released SDGs Report 2023 flagged slow progress and painted a grim picture due to the prolonged effects of COVID-19, the impacts of the climate crisis, the Russia-Ukraine conflict, and …

07Oct 2023

UGI USER
28
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The art of letting it be

Monetary Policy Committee is unlikely to cut rates any time soon as global and domestic risks loom large Relevance GS Paper 3 Indian Economy and issues relating to planning, mobilization, of resources, growth, development, and employment. Inclusive growth and issues arising from it. Tags: #monetorypolicy #MPC #RBI #currentaffairs #upsc. Why in the News? In the …

06Oct 2023

UGI USER
26
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Q. What is the significance of National Income Accounting? Discuss the various factors affecting GDP of a country.

Approach ● Start with a brief introduction about National Income Accounting. ● Mention its significance. ● Discuss various factors affecting the GDP of a country. ● Conclude accordingly. Answer National Income Accounting (NIA) refers to methods or techniques used to measure the economic activity in a national economy as a whole. National income of …

By UGI USER