MPPSC MAINS 2019 Paper-III

Points to Remember: The Open Market System (OMS) is a tool used by central banks. It primarily involves buying and selling government securities. Its main goal is to influence the money supply and interest rates. It has both advantages and disadvantages. Introduction: The Open Market System (OMS) is a crucial monetary policy tool employed by … Read more

Points to Remember: Achieving self-reliance (Atmanirbhar Bharat) Balanced regional development Poverty reduction and inclusive growth Sustainable and environmentally conscious growth Modernization and technological advancement Introduction: Economic planning in India has been a cornerstone of its development strategy since independence. The primary objective, initially, was to transform a largely agrarian economy into a more industrialized and … Read more

Points to Remember: Guarantees employment: The Act guarantees 100 days of wage employment in a financial year. Rural focus: It targets unskilled manual work in rural areas. Right-based: It’s a legally enforceable right, not just a welfare scheme. Transparency and accountability: Mechanisms are in place for monitoring and grievance redressal. Empowerment: Aims to empower rural … Read more

Points to Remember: Madhya Pradesh’s diverse geography leads to a variety of crops grown across different regions. Major crops are categorized based on agro-climatic zones. Irrigation plays a crucial role in crop production. Government policies and initiatives influence cropping patterns. Introduction: Madhya Pradesh, a central Indian state, is known for its significant agricultural contribution to … Read more

Points to Remember: India’s shift towards globalization involved liberalization, privatization, and integration with the global economy. Specific policy changes and their impacts need to be highlighted. The discussion should acknowledge both the benefits and challenges of these steps. Introduction: India’s economic journey since the early 1990s has been significantly shaped by its embrace of globalization. … Read more

Points to Remember: Inclusive growth prioritizes equitable distribution of benefits. It focuses on reducing inequalities across various dimensions. It requires targeted policies and interventions. Measurement is crucial for monitoring progress. Sustainability is a key aspect of inclusive growth. Introduction: Inclusive growth is an economic development paradigm that emphasizes not just overall economic growth, but also … Read more

Points to Remember: Food availability Food access Food utilization Food stability Introduction: Food security is a multifaceted concept encompassing the reliable availability of sufficient, safe, and nutritious food to meet dietary needs and food preferences for an active and healthy life. It’s not merely about having enough food to survive; it’s about ensuring consistent access … Read more

Points to Remember: Increased access to clean cooking fuel. Improved health outcomes. Empowerment of women. Environmental benefits. Economic benefits. Introduction: The Pradhan Mantri Ujjwala Yojana (PMUY), launched in 2016, is a flagship government scheme in India aimed at providing LPG connections to women from Below Poverty Line (BPL) households. The scheme seeks to address the … Read more

Points to Remember: Infrastructure is foundational to economic growth and societal well-being. Different types of infrastructure have interconnected dependencies. Sustainable and resilient infrastructure is crucial for the future. Introduction: Infrastructure refers to the fundamental facilities and systems serving a country, region, or community. It’s the backbone of a functioning society, enabling economic activity, social interaction, … Read more

Points to Remember: MPI measures poverty beyond income. It considers multiple deprivations across health, education, and living standards. It’s a valuable tool for targeted poverty reduction strategies. Data collection and interpretation are crucial for effective MPI implementation. Introduction: The Multidimensional Poverty Index (MPI) is a composite index that measures poverty beyond the traditional income-based approach. … Read more