PYQ Browser

In recent times, India has grown fast not only compared to its own past but also in comparison with other nations. But there cannot be any room for complacency because it is possible for the Indian economy to develop even faster and also to spread the benefits of this growth more widely than has been done thus far. Before going into details of the kinds of micro-structural changes that we need to conceptualize and then proceed to implement, it is worthwhile elaborating on the idea of inclusive growth that constitutes the defining concept behind this Government's various economic policies and decisions. A nation interested in inclusive growth views the same growth differently depending on whether the gains of the growth are heaped primarily on a small segment or shared widely by the population. The latter is cause for celebration but not the former. In other words, growth must not be treated as an end in itself but as an instrument for spreading prosperity to all. India's own past experience and the experience of other nations suggests that growth is necessary for eradicating poverty but it is not a sufficient condition. In other words, policies for promoting growth need to be complemented with policies to ensure that more and more people join in the growth process and, further, that there are mechanisms in place to redistribute some of the gains to those who are unable to partake in the market process and, hence, get left behind. A simple way of giving this idea of inclusive growth a sharper form is to measure a nation's progress in terms of the progress of its poorest segment, for instance the bottom 20 per cent of the population. One could measure the per capita income of the bottom quintile of the population and also calculate the growth rate of income; and evaluate our economic success in terms of these measures that pertain to the poorest segment. This approach is attractive because it does not ignore growth like some of the older heterodox criteria did. It simply looks at the growth of income of the poorest sections of the population. It also ensures that those who are outside of the bottom quintile do not get ignored. If that were done, then those people would in all likelihood drop down into the bottom quintile and so would automatically become a direct target of our policies. Hence the criterion being suggested here is a statistical summing up of the idea of inclusive growth, which, in turn, leads to two corollaries to wish that India must strive to achieve high growth and that we must work to ensure that the weakest segments benefit from the growth. 1. The author's central focus is on

The author supports policies which will help

Consider the following statements: According to the author, India's economy has grown but there is no room for complacency as 1. growth eradicates poverty. 2. growth has resulted in prosperity for all. Which of the statements given above is/are correct?

Consider the following statements: According to the passage, an oil company can make greater profits, if a transparent formula for petrol pricing is announced every fortnight or month, by 1. promoting its sales. 2. undertaking innovation. 3. cutting costs. 4. selling its equity shares at higher prices. Which of the statements given above is/are correct?

Consider the following statements: According to the passage, private oil companies re-enter the oil producing market if 1. a transparent rule-based petrol pricing exists. 2. there is no government interference in the oil producing market. 3. subsidies are given by the government. 4. regulations of anti-trust are removed. Which of the statements given above are correct?

Five persons fire bullets at a target at an interval of 6, 7, 8, 9 and 12 seconds respectively. The number of times they would fire the bullets together at the target in an hour is

A group of 630 children is seated in rows for a group photo session. Each row contains three less children than the row in front of it. Which one of the following number of rows is not possible?

There are seven persons up on a ladder, A, B, C, D, E, F and G (not in that order). A is further up than E but is lower than C. B is in the middle. G is between A and B. E is between B and F. If F is between E and D, the person on the bottom step of the ladder will be

Consider the following statements: There are six villages A, B, C, D, E and F. F is 1 km to the west of D. B is 1 km to the east of E. A is 2 km to the north of E. C is 1 km to the east of A. D is 1 km to the south of A. Which three villages are in a line?

Four children are sitting in a row. A is occupying the seat next to B but not next to C. If C is not sitting next to D, who is/are occupying seat/seats adjacent to D?

Assume that 1. the hour and minute hands of a clock move without jerking. 2. the clock shows a time between 8 o'clock and 9 o'clock. 3. the two hands of the clock are one above the other. After how many minutes (nearest integer) will the two hands be again lying one above the other?

Consider the following statements: Climate change may force the shifting of locations of the existing crops due to 1. melting of glaciers. 2. water availability and temperature suitability at other locations. 3. poor productivity of crops. 4. wider adaptability of crop plants. Which of the statements given above are correct?

According to the passage, why is it important to promote agricultural research in India?

What is the essential message of the passage?

There are 50 students admitted to a nursery class. Some students can speak only English and some can speak only Hindi. 10 students can speak both English and Hindi. If the number of students who can speak English is 21, then how many students can speak Hindi, how many can speak only Hindi and how many can speak only English?

A gardener increased the area of his rectangular garden by increasing its length by 40% and decreasing its width by 20%. The area of the new garden