AIR 27 · CSE 2021 · GS3 · 52 pages

Saksham Goel: GS3 answer copy

20 answers by Saksham Goel, as written in the test. Each question opens a page with how other toppers answered it.

The questions

  1. Q1In light of the COVID-19 crisis, discuss the significant challenges hindering India's goal of achieving a 5 Trillion dollar economy by 2024-10 marks
  2. Q2Critically examine the performance of the IBC in the last five years since it was adopted10 marks
  3. Q3What do you understand by Land Pooling? Can it be an alternative to the current Land Acquisition framework employed in India by the government?10 marks
  4. Q4PPP in agriculture can be the lynchpin of agricultural growth in India. Examine10 marks
  5. Q5"Precision agriculture is an innovative technology to accelerate sustainable agriculture production" Critically examine10 marks
  6. Q6What role does agroforestry play in mitigating the effect of climate change?10 marks
  7. Q7Deepfakes have emerged as a new tool to spread disinformation at scale and speed. Analyse the advantages and concerns posed by deepfakes.10 marks
  8. Q8Reusable Launch Vehicles have the potential to revolutionise access to outer space. Highlight the steps taken by ISRO to develop a RLV.10 marks
  9. Q9What is the "CYBER AASHVAST" Project ? Examine its role in addressing the problems associated with India's cyber security system.10 marks
  10. Q10Discuss the critical challenges involved in High Altitude warfare. Examine the level of India's preparedness for this kind of warfare.10 marks
  11. Q11What is the difference between fiat currency and digital currency? Analyse the risks associated with digital currencies in context of India.15 marks
  12. Q12"The stress in NBFCs has ramifications on nation's economic recovery". In this context, highlight the issues faced by NBFCs in India and also suggest measures for their revival.15 marks
  13. Q13The private players' participation in Indian Railways will have a detrimental effect on the welfare approach of the railways. Critically evaluate.15 marks
  14. Q14One Nation One Ration Card can address the fundamental structural issues of the public distribution system. Still, its efficient functioning requires the entire value chains to be closely monitored and backed by infrastructure. Elaborate.15 marks
  15. Q15"Agri-Export Policy 2018 is bold in its objectives of doubling agricultural exports by 2022". In this context, discuss the key factors hindering the achievements of these objectives. Also, suggest some measures to achieve the same.15 marks
  16. Q16The convergence of biological disasters and natural hazards has severe implications on lives, livelihoods, and economic systems. Critically examine.15 marks
  17. Q17Discuss the significance of environmental nanotechnology and its potential contribution to a sustainable envt. with suitable substantiation15 marks
  18. Q18What are the potential challenges associated with alternative medicines? Discuss the recent reforms introduced by the government in this direction.15 marks
  19. Q19Terror financing is called as "lifeblood of terrorism". Enumerate the steps taken by India to combat money laundering and terror financing15 marks
  20. Q20Analyze the primary reasons for the increase in ceasefire violations along the LoC. Also, suggest the steps that need to be taken to minimise these violations.15 marks

The answers

Question 1 · 10 marks · 246 words written

In light of the COVID-19 crisis, discuss the significant challenges hindering India's goal of achieving a 5 Trillion dollar economy by 2024-

Opening · a date or context

The COVID-19 crisis was a "total social fact" (Samuels and Mukherjee, EPW 2020) which was a "once in a century crisis" (Economic Survey 2021) that affect health, education, economy, sociology, politics and every aspect of public and personal lives.

Challenges thrown

Body · points

  1. Stress on health sector - infrastructure, frontline workers, mental health, biomedical waste, etc
  2. Stress on banking sector - surmounting non-performing assets, SMAs, etc
  3. Stress on Infrastructure Sector (a) Road Construction halted due to lack of access to finance due to banking crisis (b) Steel and Aluminum industry collapsed due to collapse in demand and sudden fall of commodity prices rendering firms unviable (c) Electricity sector and DISCOMs crisis due to failure of sector reforms, exacerbated by COVID crisis.
  4. Stress on Human Resources and Skilling Sector for an economy to grow, human resources, education and skilling is a

→ pre-requisite - but COVID-induced lockdown reduced education to a screen. 5. Demand Side Effects : Demand collapse, precautionary savings rocketed - leading to fall in GDP. 6. Supply side Effects - The supply chain broke down, service sector largely closed and firms became unviable → again leading to banking crisis creating a vicious cycle.

Close · a way forward

What Way Forward Vaccination-led opening of economy, infrastructure-led growth model, green policy-led recovery of governance, and recapitalisation and Bad Bank-led banking reforms, along with huge investments in health and education is the way forward for Atma Nirbhar Bharat realising the aspiration of $5 Trillion economy through a V-shaped recovery.