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What is meant by Goods and Services Tax (GST)? Explain the steps taken by the Indian Government to facilitate trade and ease of doing business under the GST regime.

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Goods and Services Tax (GST) in India: Facilitating Trade and Ease of Doing Business Introduction: The Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based consumption tax levied on the supply of goods and services. It replaced a plethora of indirect taxes levied by the central and state governments in India, including excise duty, … Read more

Briefly discuss the impact of bifurcation on the economy of Andhra Pradesh with respect to sectoral changes and resource gap. Provide a brief note on the steps taken by the Government of Andhra Pradesh to mobilize resources.

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The Economic Impact of Andhra Pradesh’s Bifurcation: Sectoral Shifts and Resource Mobilization Introduction: The bifurcation of Andhra Pradesh in 2014, resulting in the creation of Telangana, significantly impacted the economy of the residual Andhra Pradesh. The division led to a loss of Hyderabad, the erstwhile state capital, which housed a significant portion of the state’s … Read more

What are Externally Aided Projects? Discuss the principles, funding, and objectives of the Andhra Pradesh Irrigation and Agriculture Transformation Project (APIIATP). Provide a brief note on the types of beneficiaries under APIIATP.

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Externally Aided Projects and the Andhra Pradesh Irrigation and Agriculture Transformation Project (APIIATP) Introduction: Externally Aided Projects (EAPs) are development initiatives funded and implemented with significant assistance from foreign governments, international organizations (like the World Bank, Asian Development Bank, etc.), or other external agencies. These projects typically address critical development challenges in recipient countries, focusing … Read more

What are the different fiscal policy tools used in India? Can Customs and Excise Duties be used as flexible fiscal policy tools in order to increase revenue and control inflation? Discuss.

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Fiscal Policy Tools in India and the Role of Customs and Excise Duties Introduction: Fiscal policy, a key component of macroeconomic management, involves the government’s use of spending and taxation to influence the economy. India’s fiscal policy is primarily managed by the Ministry of Finance, aiming to achieve objectives like economic growth, price stability, employment … Read more

What is meant by Monetary Policy Transmission? Explain the issues experienced during the process of monetary policy and suggest steps to overcome these issues.

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Monetary Policy Transmission: Challenges and Solutions Introduction: Monetary policy, the actions undertaken by a central bank to manipulate the money supply and credit conditions to stimulate or restrain economic activity, relies on a mechanism called “monetary policy transmission.” This refers to the process by which changes in policy instruments (like interest rates or reserve requirements) … Read more

Is the exchange rate of the Indian Rupee fully determined by the market? Explain the effects of Rupee Depreciation on the Indian economy. Discuss the role of the RBI in defending the falling rupee.

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Is the Indian Rupee’s Exchange Rate Fully Determined by the Market? Introduction: The exchange rate of a currency, like the Indian Rupee (INR), reflects its value relative to other currencies. While a free-floating exchange rate system, theoretically, allows the market – the interplay of supply and demand for the currency – to determine the rate, … Read more

Discuss the impact of ‘New Age’ reforms on the Indian economy in the last eight years. Examine the scope of growth potential for India in this decade (2023–30).

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The Impact of ‘New Age’ Reforms on the Indian Economy (2014-2022) and Growth Potential (2023-2030) Introduction: The term “New Age” reforms in the Indian context generally refers to the significant policy changes implemented since 2014, focusing on deregulation, liberalization, and digitalization. These reforms, driven by the Modi government, aimed to boost economic growth, improve ease … Read more

The 2020 Nobel Prize for Physiology and Medicine was awarded to three scientists for their work on HCV (Hepatitis C Virus). What do you know about this virus and the disease it causes? Is there any vaccine available for this disease?

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The 2020 Nobel Prize in Physiology or Medicine and Hepatitis C Virus (HCV) Introduction: The 2020 Nobel Prize in Physiology or Medicine was awarded jointly to Harvey J. Alter, Michael Houghton, and Charles M. Rice for their discovery of Hepatitis C Virus (HCV). This recognition highlighted the significant impact of their work on understanding and … Read more

Explain the mechanism of action of vaccines. Give two examples where vaccines have eradicated diseases in India. What do you know about the Global Vaccine Action Plan (2011-2020) and Mission Indradhanush?

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The Mechanism of Action of Vaccines and Their Impact in India Introduction: Vaccines are biological preparations that provide immunity against particular diseases. They work by stimulating the body’s immune system to recognize and combat specific pathogens (viruses or bacteria) without causing the disease itself. This is achieved by introducing a weakened or inactive form of … Read more

What is Covid-19, and how is it spread? How are immuno-diagnostic methods used in the context of the Covid-19 pandemic?

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What is COVID-19, and How is it Spread? How are Immuno-diagnostic Methods Used in its Context? Introduction: COVID-19, or coronavirus disease 2019, is an infectious disease caused by the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). First identified in Wuhan, China, in December 2019, it rapidly spread globally, becoming a pandemic declared by the World … Read more