APPSC Group 1 Mains 2023-Economic Development of India AP

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

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