UPSC Economics Optional Question Paper: CSM-19 Economics Paper-II
Baljit Dhaka

UPSC Economics Optional Question Paper: CSM-19 Economics Paper-II

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UPSC Economics Optional Question Paper

Civil Services Mains Exam: Economics Optional Paper-2 (2019)

In this post, we will discuss civil services mains optional economics previous year question paper-ii 2019.

Marks-250                                                                                                                               Time: Three Hours

Question Paper Specific Instructions:

Please read each of the following instructions carefully before attempting questions.

  • There are EIGHT questions divided into two sections.
  • A candidate has to attempt FIVE questions in all.
  • Questions no 1 and 5 are compulsory and out of the remaining, THREE are to be attempted choosing at least ONE from each section.
  • The number of marks carried by a question /part is indicated against it.
  • Word limit in questions, wherever specified should be adhered to.
  • Attempts of questions shall be counted in chronological order. Unless struck off, an attempt of a question shall be counted even if attempted partly. Any page or portion of the page left blank in the answer book must be clearly struck off.


Q.1 Answer the following questions in about 150 words each?  10×5=50 marks

(a) Account for the commercialization of Indian agriculture during the second half of the 19th century and analyze its effects. 10 marks

(b) Do you agree that the development of Indian railways during the British Rule helped facilitate the process of industrialization? Give reasons.  10 marks

(c) Highlight the main contributions of C. N. Vakil to Indian planning as opposed to that of the Mahalanobis Model at the time of the formulation of the Second Five Year Plan for India.   10 marks

(d) How has the movement of agricultural prices during the post-liberalisation period been responsible for farmers' distress in India?   10 marks

(e) Evaluate the Competition Act, 2002, relative to the Monopolies and Restrictive Trade Practices Act.  10 maks

Q.2 (a) Trace the development of the cotton textile industry in India during the British period. Discuss the major problems faced by the industry in different stages of its growth during this period.  20 marks

(b) Explain the underlying causes and effects of deindustrialization in India during the 19th century.  15 marks

(c) Examine the theory of "Economic Drain" in the second half of the 19th century in India and discuss its economic effects.   15 marks

Q.3 (a) "The progress in the implementation of tenancy and revenue reforms during the first three decades after independence in India was not satisfactory." Do you agree with this view? Do you think that the advent of the Green Revolution made such land reforms policy redundant ? 20 marks

(b) Discuss the technological factors relating to the Green Revolution in India.  15 marks 

(c) Do you think that the fall in public investment in agriculture adversely affects the productivity growth of this sector in India? Give reasons.  15 marks

Q.4 (a) Explain the principal causes of deceleration in industrial growth during the mid 1960's to mid 1970's in India. Do you think that the reasons for the slowdown in industrial growth since the late 1990s are basically different from those of the earlier deceleration? Answer with proper arguments.  20 marks

(b) Examine the role of capital account convertibility in controlling deficit in the current account of India's Balance of Payments (BOPs). 15 marks

(c) Would you advocate a programme of Universal Basic Income (UBI) to reduce extreme poverty in India? Discuss in detail.   15 marks


Q.5 Answer the following questions in about 150 words each:  10×5=50 marks

(a) What reforms would you advocate to make the public distribution system (PDS) in India more effective? 

(b) Has India been able to exploit the potential of foreign direct investment (FDI) for export-oriented production? Give reasons for your answer.

(c) Examine the trends in GDP at factor cost during the pre-reform period in India. 

(d) How is the methodology followed by the Rangarajan Committee different from that of the Tendulkar Committee in measuring poverty in India? 

(e) Differentiate between plan and non-plan expenditure as used in the government budget. Is this distinction relevant for government finances in India today? 

Q.6 (a) Discuss the disinvestment policy adopted by the Government of India as a part of structural adjustment program of the IMF and the World Bank. Examine the impact of such a policy on industrial growth in India.  20 marks

(b) Narrate the implications of the TRIPS Agreement with special reference to the pharmaceutical sector in India. 15 marks

(c) Critically examine the role of WTO on agricultural exports in India.  15 marks

Q.7 (a) Why is monetary transmission not effective in India? In the context of the recent announcement by the RBI, compare the efficacy of external benchmarks in bank loans with internal benchmarks for improving monetary transmissions through the banking channel.  20 marks

(b) What is fiscal federalism? Examine the role of the various Finance Commissions since 2001 in reducing horizontal and vertical fiscal imbalances.  15 marks

(c) Do you think that planning has a role in the context of market based development of India? Answer with arguments. 15 marks

Q8. (a) What are the core objectives of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS)? In what ways has a paradigm shift taken place with the implementation of MGNREGA? 20 marks

(b) How does the strategy of industrialization under the New Economic Policy promote productivity growth in manufacturing industries in India? Explain. 20 marks

(c) Examine the relation between the casualization of employment and poverty in India.  15 marks