IAS Mains Economics Subject Most Expected Questions

IAS Mains Economics Subject Most Expected Questions

IAS Mains Economics Subject: Millions of aspirants appear for the Civil Services Examination every year. Union Public Services Commission (UPSC) has recently released the UPSC IAS Mains admit card for the upcoming examination. The IAS mains examination is scheduled on 28th October 2017.

All the UPSC IAS aspirants are now preparing for IAS Mains. The problem is that no matter how good & knowledgeable we think we are or how good we feel we have written the paper there is always a certain level of uncertainty. This is especially true for optional subjects. In this article, we will be sharing the most expected questions for IAS Mains Economics subject.


IAS Mains Economics Subject Most Expected Questions

Over here, we are listing some important questions for IAS Mains Economics subject. Go through these questions to prepare for IAS Mains efficiently.

  1. Multilateral trade agreements are the first best solution for deepening global trade and development. In the light of this statement discuss the Trans-Pacific Partnership Agreement and its possible implications on Indian Economy.
  2. India’s Intended Nationally Determined contributions is a set of a comprehensive policy covering all elements of combating climate change. Explain.
  3. Explain how the Paris agreement will succeed Kyoto protocol and goes one step forward in bringing together all nations to combat climate change.
  4. The farmer’s e-market platform National Agricultural Market with the mission of one Nation one market will provide one-stop solution to the inefficiencies created by APMCs in the market for farm produce? Discuss
  5. There is an enabling environment created for industrial growth in India in order to make the industrial sector the key driver of economic growth in the country. Discuss the measures taken by the government in this regard.
  6. The Indian Banking sector exhibited several weak spots. Examine the recent problems of Indian Banking and the regulatory steps taken to reform the Banking sector.
  7. Ease of doing business index reflects the nature of regulatory systems and business governance and the efficacy of bureaucracy. Discuss the parameters determining the ease of doing business in an economy in the light of Indian Economy and the progress made in the economy.
  8. Indian agriculture is in a way a victim of its own past success especially the green resolution. Explain the above statement and Examine the Indian agriculture scenario and the measures taken to boost the productivity.
  9. Mines and Minerals (Development and Regulation) Act 2015 and Coal Mines special provisions act 2015 aimed to be back the mining sector and coal sector from the legal issues in court, environment, regulatory and land acquisition. Discuss
  10. “A Strong Corporate Governance reforms are essential for the country in order to provide an orderly and transparent business environment and increase the confidence of domestic and international investors.” Examine the reforms carried out in Indian Economy in the light of the above statement.
  11. The establishment of New Development Bank by the BRICS consortium would act not only as an economic instrument but as an initiative that symbolized an assertion of political sovereignty of the emerging economies – Discuss.
  12. “Independent India has averted famines but chronic malnutrition is still a great challenge”.  Explain and outline the measures required to curb malnutrition?
  13. ‘Smart cities require smart public finance and sound property taxation regime is vital to India’s urban future”. Discuss
  14. There is an urgent need to phase out tax exemption and introduce property taxation in India. Examine the recommendations of Tax Administration Reforms Commission.
  15. The repeated devaluation of Chinese currency and the Asian tigers have dampened the global growth expectations. What is the impact to Indian Economy?
  16. Will the outcome of the Nairobi WTO conference reaffirm the Doha Mandate? Discuss the outcome of the Nairobi Ministerial conference especially issues in agriculture and trade in services.
  17. The recent reforms in the financial sector in India will go a long way in strengthening the monetary framework. Discuss.
  18. Failure of Public-Private Partnership to deliver large infrastructure projects is mainly due to an inappropriate structuring of the agreements. Examine the problems in the existing models of PPP.
  19. Doubling of Governments’ investment in infrastructure in 2016 will address the problem of overcapacity in the steel industry. Examine the problems in the steel industry and recent measures of the Government to tackle them?
  20. “The Unified Payment Interface has the potential to transform the payment mechanism in our country and is yet another.
  21. Will the introduction of Direct Benefit Transfer of food subsidy by replacing the Minimum Support Price and procurement based PDS effectively curb the distortions in food subsidy Discuss.
  22. “Instead of relying on fiscal and monetary stimulus to perk up slackening growth India should go in for Job creating Reforms” Examine this statement in the light of Indian Economy.
  23. Indian states responded effectively to floods and tsunamis but find water and power metering more challenging. Discuss
  24. Introduction of Masala Bonds is yet another reform in Indian capital market Explain the statement and analyse the implication of these bonds to Indian corporate sector.
  25. The peculiarities of Indian agriculture combined with the twin objectives of economic development and social justice resorted in land reforms in India. Did they serve the purpose? Analyse the effectiveness of land reforms in India.
  26. The GST will be a game-changing reform for the Indian economy by creating a common Indian market and reducing the cascading effect of the tax. Discuss.
  27. With a rich agricultural resource base, Indian food processing industry has huge potential. Explain the prospects of this industry.
  28. “Inclusion of Chinese Yuan (CRY) in the Special Drawing Rights would diversify the basket and make it more representative of the world’s major currencies”, Discuss the possible impact of the inclusion of Yuan in the SDR and on Indian Economy.
  29. “The Marginal Cost of funds based lending rate methodology for computing interest rates will make Indian Banks more Competitive and enhance their long-run value and contribution to the economy”. Discuss

Candidates are advised to go through these questions to prepare efficiently for the upcoming IAS Mains Economics examination.

Help yourself to prepare for IAS Mains Economics optional subject by going through these important questions.Stay connected for more information regarding UPSC Civil Services Exam Recruitment 2017. To excel in Civil Services Examination, download the Best IAS Exam Preparation App for free.


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