Q2. Answer all the following questions within the word limits indicated in the brackets at the end of the questions :
(a) How does increase in current account deficit of India influence the fall in the value of rupee against the US Dollar ? What remedial measures have been suggested ? (200 words)
(b) India is going to experience the situation of demographic dividend in the near future, roughly around 2025. Is India capable to reap the benefits of demographic dividend ? Give reasons for your answer. (200 words)
(c) What is black income ? Examine the recent policy efforts by the Government of India to tackle the problem. (125 words)
(d) How do rising oil prices fuel inflation ? What measures would you suggest to contain it in context of the Indian scenario in the recent past? (125 words)