Mains Question:
Q1. Over recent decades, there has been a steady increase in cross-border financial flows around the world. In this regard, discuss the benefits and risks associated with the globalisation of financial markets. (250 words)
Approach
- Introduction- brief about globalisation of financial markets
- Positive and negative side of interconnected banking system
- Discuss how interconnectedness impact and control policy formulations
- Challenges/Issues
- Conclusion
Q2. Cyberattacks are increasingly being used by nations as a precursor to war. Comment. (150 words)
Approach
- Introduction- brief about increasing cyberattacks around the world
- Give example of recent Russian cyberattack on Ukraine (hermetic-wiper-malware)
- Discuss how nations are using it as war techniques
- Required collaborative measures (at international level)
- Way forward
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