Previous Year Questions : Economic Development [2020]


1. Explain intra-generational and inter-generational issues of equity from the perspective of inclusive growth and sustainable development.

2. Define potential GDP and explain its determinants. What are the factors that have been inhibiting India from realizing its potential GDP?

3. Explain the rationale behind the Goods and Services Tax (Compensation to states) act of 2017. How has COVID-19 impacted the GST compensation fund and created new federal tensions?

4. Explain the meaning of investment in an economy in terms of capital formation. Discuss the factors to be considered while designing a concession agreement between a public entity and a private entity.

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