DMPQ- “While globalization has brought means of betterment for Indian economy but it has presented set of challenges for the same.” Critically evaluate the statement.

While globalization does provide for means of betterment for economies, it has some  inherent challenges which will have to be addressed: While decisive thrust on exports is required, there would be pressures for liberal imports which could create issues in the domestic sector by making imported goods  cheaper threatening domestic goods. Already, the Indian market … Read more

DMPQ- “Pradhan Mantri Jan Dhan Yojana (PMJDY) has been important milestone in the journey of financial inclusion in India.” Give the arguments in favour of the statement.

Financial inclusion involves the availability of sustainable, useful financial products and services for all business and individuals, regardless of company size or individual net worth. It makes financial services such as banking, insurance, equity, etc. available equally to all, without discrimination. Universal access to banking facilities for all households across the country through a bank … Read more

DMPQ- . “In 1991 India went through many liberal economic policies which changed India’s economic scenario” Elucidate.

End of license raj On 24 July 1991, Prime Minister Narasimha Rao announced the end of the license-permit Raj and Finance Minister Manmohan Singh presented a historic budget that rolled out economic liberalisation in India. It proposed getting rid of the Monopolies and Restrictive Trade Practices asset limit totally. Industrial licensing would be abolished for … Read more

DMPQ- What is Build Operate Transfer (BOT)? Explain in detail.

A Build Operate Transfer (BOT) Project is typically used to develop a discrete asset rather than a whole network and is generally entirely new or greenfield in nature (although refurbishment may be involved). In a BOT Project the project company or operator generally obtains its revenues through a fee charged to the utility/ government rather … Read more

DMPQ- Critically analyse the Indian performance in Global Multidimensional Poverty Index.

Global MPI is an international measure of multidimensional poverty covering 107 developing countries and was first developed in 2010 by Oxford Poverty and Human Development Initiative (OPHI) and United Nations Development Programme (UNDP) for UNDP’s Human Development Reports. The Global MPI is released at the High-Level Political Forum (HLPF) on Sustainable Development of the United … Read more

DMPQ- Write a short note on the differentiated banking.

Differentiated banks are banking institutions licensed by the RBI to provide specific banking services and products.It is a system refers to the system of different licenses for different sub components of the banking sector such as Limited Banking License, Commercial Banking License etc. A differentiated license will allow a bank to offer products only in … Read more

DMPQ- What are the causes of the YES bank crisis?

Causes of Yes Bank crisis: Loan spree In the last five years, Yes Bank went on a loaning spree. Its total advances rose by 334% between FY14 and FY19, the highest rise among comparable banks in the period. Bad loans multiply Many borrowers started defaulting. The bank’s Gross NPA% (loans overdue for >90 days) zoomed … Read more

DMPQ- Explain the following: a) NABH b) UDAN

NABH NIRMAN: The government is augmenting the airport capacity of various airports as part of NABH (NextGen Airports for BHarat) Nirman initiative.The government in February announced a new initiative — NABH Nirman— under which it proposes to expand airport capacity in the country by more than five times to handle a billion trips a year.The … Read more

Subscribe to WBPSC Notes

Never Miss any WBPSC important update!

Join 888 other subscribers