Financial inclusion, the provision of essential financial services, is crucial for India’s economic development. Small Finance Banks (SFBs) and Payment Banks
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UPSC Mains – Explain the Insolvency and Bankruptcy Code (IBC) and its impact on the resolution of distressed assets in the Indian banking sector, including its effectiveness and challenges.
Enacted in 2016, the Insolvency and Bankruptcy Code (IBC) has undergone amendments, notably the Insolvency and Bankruptcy Code (Second Amendment) Bill of 2019.
UPSC Mains – Discuss the role of credit rating agencies in the Indian banking system and their impact on financial stability.
A credit rating agency (CRA) is a firm that assigns credit ratings to assess a debtor’s ability to make timely payments and the likelihood of default.
UPSC Mains – Discuss in the Indian context the assertion that “It is not only the amount but also the manner of forex accumulation that determines a country’s macroeconomic stability.
India recently achieved a record-breaking foreign currency (forex) reserve surpassing $600 billion, establishing its position as the fourth-largest holder
UPSC Mains – Discuss the role of export duties as a policy tool in regulating essential commodities exports. Explore how India has transitioned from being an agricultural food importer to becoming a net food exporter to the world.
India has evolved into a net food grain exporter, evident from APEDA overseeing agricultural and processed food product exports totaling USD 24.8 billion
UPSC Mains – What are the key characteristics and potential consequences of India’s recently unveiled Foreign Trade Policy 2023 on the nation’s international trade and economic development?
India’s Foreign Trade Policy 2023 is a dynamic framework that combines established export facilitation measures with adaptability to evolving trade demands.
UPSC Mains – What is your understanding of Non-Performing Assets (NPA)? Despite various measures taken by the Government of India, the banking sector in India continues to grapple with the persistent challenge of Non-Performing Assets. Examine. (15M, 250 words)
Non-performing assets (NPAs) refer to loans or advances where principal or interest payments remain overdue for 90 days or more.
UPSC Mains – Despite the steady growth experienced by the food processing industry in India, there exists considerable untapped potential. Examine.
The Food Processing Industry, currently a burgeoning sector in its infancy, plays a crucial role in connecting the manufacturing and agriculture.
UPSC Mains – Explore the potential of the food processing industry in not only increasing farmers’ income but also ensuring sustainability and nutritional security. (10M, 150 words)
The food processing industry serves as a crucial link between raw agricultural produce and consumers, playing a pivotal role in modernizing
UPSC Mains – Discuss how labor reforms in India will bolster the formalization of its labor market and enhance flexibility, leading to positive efficiency gains. (10M, 150 words)
The imperative for labor reforms in India stems from the need to modernize and enhance the efficiency of its labor market.