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IASbaba’s Current Affairs Focus (CAF) Mains 2017: Day 1

  • October 3, 2017
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IASbaba’s Current Affairs Focus (CAF) Mains 2017: Day 1

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Note: Click on the links and then answer on respective questions!

1. Even though unemployment is a critical problem today, the Government can’t be the sole employer. Employment can be generated only when all the drivers of the economy interact and grow together in an environment facilitated by state initiatives. Do you agree? Critically examine. Also, identify the measures adopted by the government which aims at converging the drivers of the economy to create an ecosystem that creates opportunities and avenues for jobs.  


2. NPAs or stressed assets have adversely affected the banking system in India. In this light, identify the factors that have led to this status and also examine the steps taken by the Government and the RBI to address the same.


3. The year 2017 witnessed several budgetary reforms. Identify those and also examine their need, significance and advantages.


4. The Finance Ministry has set up a Public Debt Management Cell (PDMC). What was the need of having such a body? What would be its role? Examine. 


5. With independent India’s biggest indirect tax reform i.e. the GST still shaping up, the challenges associated with its implementation have surfaced causing serious concerns for the economy. What is your assessment of this development? Discuss.

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