MPPSC MAINS 2016 Paper-III

Points to Remember: The Human Development Index (HDI) is a summary measure of average achievement in key dimensions of human development. It’s calculated using three key dimensions: a long and healthy life, access to knowledge, and a decent standard of living. Each dimension has its own indicators, and the HDI is a composite of these … Read more

Points to Remember: Causes of Industrial Sickness: Lack of capital, obsolete technology, poor management, inadequate infrastructure, competition, government policies, and economic downturns. Re-establishment Strategies: Financial restructuring, technological upgradation, managerial improvements, infrastructure development, market diversification, government support, and skill development. Introduction: Industrial sickness, defined as the continuous erosion of a company’s profitability and operational efficiency leading … Read more

Points to Remember: Definition and purpose of SEZs in India. Objectives behind the establishment of SEZs. Benefits and drawbacks of SEZs. Policy recommendations for improved SEZ performance. Introduction: India’s Special Economic Zones (SEZs) are designated areas within the country that offer businesses a range of incentives and streamlined regulations to promote export-oriented manufacturing and services. … Read more

Points to Remember: Poverty and Inequality Lack of Infrastructure Limited Access to Education and Healthcare Political Instability and Corruption Dependence on Primary Commodity Exports Climate Change Vulnerability Debt Burden Introduction: Developing countries, a diverse group encompassing nations across Africa, Asia, and Latin America, face a complex web of interconnected challenges hindering their progress towards sustainable … Read more

Points to Remember: Initial Planning: Focus on Five-Year Plans, industrialization, and agrarian reforms. Green Revolution & its impact: Increased food production but also environmental concerns. Liberalization: Economic reforms of 1991 and their consequences. Social Development: Progress in education, health, and social justice alongside persistent challenges. Challenges: Poverty, inequality, and environmental degradation. Introduction: Post-independence India embarked … Read more

Points to Remember: Definition and characteristics of Public-Private Partnerships (PPPs). Advantages and disadvantages of PPPs in infrastructure development. Case studies of successful and unsuccessful PPP projects in India. Policy recommendations for improving PPP effectiveness in India. Introduction: Public-Private Partnerships (PPPs) are collaborative arrangements between government entities and private sector companies to finance, build, and operate … Read more

Points to Remember: Definition and characteristics of liquid money. Types of liquid assets. Importance of liquid money for individuals and the economy. Limitations and risks associated with holding excessive liquid money. Introduction: Liquid money refers to assets that can be quickly and easily converted into cash without significant loss of value. It represents the readily … Read more

Points to Remember: Definition of migration, including different types. Factors driving migration (push and pull factors). Impacts of migration on sending and receiving countries. Policy implications and challenges. Introduction: Migration, in its simplest form, is the movement of people from one place to another, often involving a change of residence. It’s a complex phenomenon with … Read more

Points to Remember: Economic development is a multi-faceted process. It involves improvements in various aspects of a nation’s economy. Sustainable and inclusive development is crucial. Introduction: Economic development refers to the sustained, concerted actions of policymakers and communities that promote the standard of living and economic health of a specific area. It’s more than just … Read more

Points to Remember: Definition of Rural Credit Sources of Rural Credit Importance of Rural Credit Challenges in Rural Credit Delivery Policy Recommendations for Improving Rural Credit Access Introduction: Rural credit refers to the financial resources made available to rural populations for various agricultural and non-agricultural activities. It plays a crucial role in boosting rural economies, … Read more