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11th February 2022 (7 Topics)

11th February 2022

QUIZ - 11th February 2022

5 Questions

5 Minutes

Mains Question:

Q1. In a flexible inflation targeting framework, a delicate balance needs to be maintained between inflation and growth objectives. Examine. (150 words)

 Approach

  • Introduction- define inflation and its current status in the country
  • Brief about monetary policy and its objectives
  • Inflation targeting as a framework for Monetary Policy
  • Discuss RBI’s role as a balance maker
  • Required policy measures
  • Conclusion

 

Q2. Examine India’s progress in restoring the ecological balance of the planet and ensuring sustainable development.  (150 words)

 Approach

  • Introduction-brief about the current situation in India
  • India’s substantial commitments to restoration (Bonn Challenge Conference of Parties (CoP), UNCCD), Nationally Determined Contributions (NDCs), creation of a carbon sink )
  • Gaps/Challenges
  • Recent government measures
  • Conclusion

 

Q3. The global automotive industry is undergoing a paradigm shift at present in trying to switch to alternative/less energy intensive options. India, too, is investing in this electric mobility shift. Comment. (250 words)

 Approach

  • Electric vehicle industry in India
  • Potential and significance of the revolution
  • Recent policy measures (Production-linked incentive schemes, e-AMRIT portal)
  • Challenges
  • Required policy measures
  • Way forward

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