GS3 · Topic
Banking and Finance
Banks, NPAs, recapitalisation, bad banks, NBFCs, insolvency, financial inclusion, capital markets, cryptoassets.
56 UPSC Mains GS3 questions on Banking and Finance that toppers answered in test series, CSE 2019–2025, most answered first. Open one to see how toppers opened, built and closed it.
Securities and Exchange Board of India (SEBI) plays an important role in the regulation of the share market and safeguarding the interests of investors. In the light of given statement, highlight the challenges faced by the SEBI and suggest reforms in this regard.
15 marks · 250 words · Answered by 13 toppers · CSE 2022–2025
Banking and FinancePlanning and Resource Mobilisation
What are the primary causes of limited formal credit penetration among the rural and unbanked populations in India? Comment on the effectiveness of Small Finance Banks in addressing this gap and advancing inclusive financial growth.
250 words · Answered by 11 toppers · CSE 2023–2025
Banking and FinanceInclusive Growth
The Reserve Bank of India’s surplus transfers offer the government much-needed fiscal space, yet they are not without challenges. Critically examine the implications of the RBI’s surplus transfers to the government.
10 marks · 150 words · Answered by 11 toppers · CSE 2023–2025
Fiscal Policy and BudgetingMonetary Policy
Analyse the factors that have contributed to India's inclusive economic growth in the past decade.
10 marks · 150 words · Answered by 11 toppers · CSE 2023–2025
Inclusive GrowthMacroeconomic Indicators
Discuss how cryptocurrency and other emerging technologies contribute to the menace of money laundering and terror financing. What steps have been undertaken by the Government of India to tackle this issue?
10 marks · 150 words · Answered by 6 toppers · CSE 2023–2025
Money LaunderingCyber Security
DPI (Digital Public Infrastructure) is indispensable for digitally enabling citizens and businesses; however, the challenges of exclusion, exploitation, and monopolisation cannot be ignored. Examine.
10 marks · 150 words · Answered by 6 toppers · CSE 2020–2023
Information Technology and AIInclusive Growth
How is internationalisation of rupee different from De-Dollarisation? Highlighting the benefits of internationalisation of rupee, discuss the challenges associated with the same.
15 marks · 250 words · Answered by 5 toppers · CSE 2023
Macroeconomic IndicatorsTrade and Foreign Investment
International trade is centred on the dominant currency paradigm (DCM). Critically Analyze the importance of Hard currency in International trade and Discuss the potential of rupee acceptance in global trade as an alternative to dollar imperialism.
15 marks · 250 words · Answered by 4 toppers · CSE 2023
Macroeconomic IndicatorsTrade and Foreign Investment
MSMEs are central to the success of the Make in India initiative, yet they face challenges in scaling up and integrating into formal supply chains. Discuss. Suggest structural reforms needed to make MSMEs more resilient and competitive.
15 marks · 250 words · Answered by 4 toppers · CSE 2023–2025
Industrial Policy and LiberalisationEmployment
What factors have led to the recent acceleration in the trend towards de-dollarization of the global economy? Do you think the dollar will lose its dominance anytime soon?
150 words · Answered by 4 toppers · CSE 2023–2025
Macroeconomic IndicatorsTrade and Foreign Investment
What are the responsibilities of the Monetary Policy Committee (MPC)? How effective has the RBI's monetary policy initiatives been to broaden economic recovery whilst maintaining a sustainable inflation rate?
15 marks · 250 words · Answered by 4 toppers · CSE 2023–2025
Monetary PolicyMacroeconomic Indicators
Despite its potential, the corporate bond market in India remains underdeveloped. Examine the structural and regulatory challenges impeding its growth.
10 marks · 150 words · Answered by 3 toppers · CSE 2024–2025
Banking and FinancePlanning and Resource Mobilisation
What are the key objectives of the Insolvency and Bankruptcy Code (IBC), 2016 ? To what extent has it been successful in achieving them?
15 marks · 250 words · Answered by 3 toppers · CSE 2025
Banking and FinancePlanning and Resource Mobilisation
India has made rapid strides in the domain of digital payments through mobile and internet banking. Examine the factors responsible for strengthening of digital payment ecosystem in India. Also, briefly discuss the steps taken by the Government in this direction.
15 marks · 250 words · Answered by 3 toppers · CSE 2022
Banking and FinanceInformation Technology and AI
Comment on the important changes with respect to the Long-Term Capital Gains (LTCG) and Securities Transaction Tax (STT) in the Union Budget 2024-25. Evaluate the impact of such changes on India's savings and investment regime.
10 marks · 150 words · Answered by 3 toppers · CSE 2023–2025
Fiscal Policy and BudgetingTaxation
Household savings form a crucial pillar of domestic capital formation. In light of their recent decline, elucidate the underlying causes and propose strategies to strengthen savings behavior in India.
10 marks · 150 words · Answered by 3 toppers · CSE 2024–2025
Macroeconomic IndicatorsPlanning and Resource Mobilisation
The convergence of peer-to-peer cryptocurrencies with traditional hawala has created an opaque transnational value-transfer network. Examine how this crypto-hawala nexus operates and why it poses challenges for India's anti-money-laundering and counter-terrorist-financing regime. Also, discuss the steps taken so far.
15 marks · 250 words · Answered by 2 toppers
Money LaunderingCyber Security
The move to establish a National Bank for Financing Infrastructure and Development, to reverse the drag on India's growth potential will have its own set of challenges. Discuss.
10 marks · 150 words · Answered by 2 toppers · CSE 2022
InfrastructureBanking and Finance
Financial inclusion is not only a goal in itself, but also a means to an end as an enabler and accelerator of economic growth. In this context, highlight the role of fintech in deepening the financial inclusion in India with suitable examples.
15 marks · 250 words · Answered by 2 toppers · CSE 2022
Banking and FinanceInclusive Growth
Recently, the Reserve Bank of India (RBI) announced a transfer of surplus to the Union Government for the financial year 2024-25. What does 'surplus' mean in this context? How does the RBI generate it, and what is its significance for the country's fiscal policy?
15 marks · 250 words · Answered by 2 toppers · CSE 2025
Fiscal Policy and BudgetingBanking and Finance
Examine the challenges of extending digital payment services to underserved populations and propose strategies to enhance financial inclusion through digitization.
15 marks · 250 words · Answered by 2 toppers · CSE 2024
Banking and FinanceInclusive Growth
Critically examine the performance of the IBC in the last five years since it was adopted
10 marks · 150 words · Answered by 1 topper · CSE 2021
Banking and Finance
SEBI plays an important role in regulation of share market and safeguarding interests of investors. Highlight challenges faced by SEBI, and suggest reforms in this regard.
Answered by 1 topper · CSE 2023
Banking and Finance
Should large corporates and industrial houses be allowed as promoters of banks? Discuss
10 marks · 150 words · Answered by 1 topper · CSE 2021
Banking and FinanceIndustrial Policy and Liberalisation
Qno 10 (Part 1: India is buying 36 Rafale jets from France to strengthen its Airforce and military deterrence. Discuss how these jets counter the threat posed by advanced 5th generation fighters. Part 2: Explain Central Bank Digital Currency (CBDC) and its significance in boosting the digital economy. What are the issues associated with it?)
Answered by 1 topper · CSE 2022
Indigenisation and Defence TechnologyBanking and Finance
Discuss the role of the Unified Payments Interface (UPI) in advancing women's empowerment in India. What challenges remain in ensuring equitable digital access for all women?
10 marks · 150 words · Answered by 1 topper · CSE 2025
Inclusive GrowthBanking and Finance
The move to establish a National Bank for Financing Infrastructure and Development (NBFID), to reverse the drag on India's growth potential will have its own set of challenges. Discuss.
10 marks · 150 words · Answered by 1 topper · CSE 2021
InfrastructureBanking and Finance
Critically examine the role of SEBI in regulating the Indian securities market. What are the challenges faced by it, and what reforms are required? 13) Agriculture contributes significantly to the Indian economy, yet it faces multiple constraints. Analyze these and discuss how technology can mitigate them. 14) Define irrigation. Discuss its impact on the environment and natural resources. Suggest measures for sustainable irrigation practices.
Answered by 1 topper · CSE 2024
Banking and FinancePlanning and Resource Mobilisation
Not only do services MSMEs contribute mightily to the overall GDP growth, they have a powerful, multiplier impact on the local economies as well. Elaborating on the statement, highlight the problems faced by service sector MSMEs. How can the government make it easier for MSMEs to start and grow a business?
15 marks · 250 words · Answered by 1 topper · CSE 2019
Industrial Policy and LiberalisationMacroeconomic Indicators
The Union Budget 2025 has widened the definition of MSMEs and increased credit guarantee limits. Discuss how these reforms can address funding and growth challenges for MSMEs.
10 marks · 150 words · Answered by 1 topper · CSE 2025
Industrial Policy and LiberalisationBanking and Finance