Indian Economy and Issues-Inclusive Growth and Issues Arising from It [IAS (Admin.) IAS Mains GS Paper 3 (Science-Tech, Economy, Environment, & Disaster Management)]: Questions 14 - 15 of 15

Access detailed explanations (illustrated with images and videos) to 223 questions. Access all new questions- tracking exam pattern and syllabus. View the complete topic-wise distribution of questions. Unlimited Access, Unlimited Time, on Unlimited Devices!

View Sample Explanation or View Features.

Rs. 700.00 -OR-

How to register? Already Subscribed?

Question 14

Inclusive Growth and Issues Arising from It
Edit

Describe in Detail

Essay▾

What do you understand by moral hazard? It is said that recapitalisation of banks adds to the risk of moral hazard. Elaborate. (150 Words)

Explanation

Introduction:

In pure economic terms Moral hazard is a situation in which one party gets involved in a risky event knowing that it is protected against the risk and the other party will incur the cost. With recapitalization of banks the debtor enjoys a situation of semi write off of loans which is hazardous to their disciplined behavior and also to …

… (259 more words) …

Question 15

Inclusive Growth and Issues Arising from It
Edit

Describe in Detail

Essay▾

Examine the mandate of GST՚s National Anti-profiteering Authority and the concerns expressed against its mandate and powers. (150 Words)

Explanation

Introduction:

  • GST՚s National Anti-profiteering Authority is set up to ensure that the profit arising out of change in tax structure due to GST is completely passed onto consumer and is not pocketed by the seller.
  • The experiences of some countries that have adopted GST such as Singapore, Malaysia and Australia suggests that they had witnessed a spurt …

… (388 more words) …

Developed by: