Economy This Week 24th to 30th June 2019 BL – Business Line; TH – The Hindu; BS – Business Standard IE – India Express; LM - Livemint

Agriculture Subsidy BL 24/6/19

Question The term de minimis often appearing in the newspaper is associated with GDP Agriculture subsidies Industrial policy Artificial intelligence

Descriptive Question Subsidies are politicians’ delight and economists’ nightmare – elaborate (250 words)

India and RCEP (TH 27/6/19)

Question Consider the following statements India has a trade surplus with all the members of proposed RCEP India is a member of SAARC and ASEAN Choose the correct option Only 1 is true Only 2 is true Both are true Both are false

Descriptive Question In the current climate of volatile international trade climate, despite all of its concerns, multilateral grouping provides an opportunity to India – Evaluate (250 words)

GSP benefits to India (IE 24/6/19)

Question Consider the following statements Australia, Russia, New Zealand, European Union provide the GSP benefit to Indian exports Indian exports enjoying GSP benefits were highest to US in the last two years Choose the correct option Only 1 is true Only 2 is true Both are true Both are false

Corporate Tax BS 27/6/19

Savings & Investment (IE 26/6/19)

Question Economic growth in country X will necessarily have to occur if  (a) There is technical progress in the world economy (b) There is population growth in X (c) There is capital formation in X (d) The volume of trade grows in the world economy

Sinha Committee (BS 27/6/19)