UPSC Mains Previous Year Questions – Effects of liberalization on the economy.

Syllabus: GS 3 – Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth.

Examine the impact of liberalization on companies owned by Indians. Are they competing with the MNCs satisfactorily? Discuss.2014
Normally countries shift from agriculture to industry and then later to services, but India shifted directly from agriculture to services. What are the reasons for the huge growth of services vis-a-vis industry in the country? Can India become a developed country without a strong industrial base? .2014
How globalization has led to the reduction of employment in the formal sector of the Indian economy? Is increased informalization detrimental to the development of the country?2017
“Industrial growth rate has lagged behind in the overall growth of Gross- Domestic-Product (GDP) in the post-reform period” Give reasons. How far the recent changes is Industrial Policy are capable of increasing the industrial growth rate?2018

Leave a Reply

Your email address will not be published. Required fields are marked *