Answer all the questions. Section A to be answered in about 500 words each and Section B to be answered in about 300 words each.
Section A:
Question 1: How are the inequalities of income measured in an economy? Observe the policy implications of prevailing levels of inequality in India.
Question 2: Differentiate between Foreign Direct Investment (FDI) and Foreign Portfolio Investment. Critically assess the policy adopted by the Government of India towards the foreign capital.
Section B:
Question 3: How far have the policy measures taken by the Government been efficient in putting a halt to shrinking land base and declining access to land?
Question 4: State the linkages between infrastructure and economic development. Assess the inter-state disparities in economic infrastructure in India.
Question 5: Which are the supervisory functions of SEBI? How far have such functions influenced the capital market in India?
Question 6: “The question of centre state relations has become the focal of discussion for a number of reasons”. Comment on it.
Question 7: Describe with illustrations the roots, processes and interconnections of black economy in India.