IES ISS 2021 General Economics Paper III Question Paper PDF

Central Government Jobs Other Jobs 2021

  • Year 2021
  • Conducted By UPSC
  • Questions 16
  • Maximum Marks 200
  • Duration Three Hours
  • Languages English

Exam Details

Detail Information
Examination Indian Economic Service - Indian Statistical Service Examination
Year 2021
Conducting Body UPSC
Paper General Economics Paper - III
Subject General Economics
Duration Three Hours
Maximum Marks 200
Number of Questions 16
Question Type Mixed

This document contains the General Economics Paper - III for the Indian Economic Service - Indian Statistical Service Examination 2021, conducted by UPSC. The paper is divided into three sections, with a compulsory question in Section A, followed by selective questions in Sections B and C. Candidates are allowed three hours to complete the paper, which carries a maximum of 200 marks. This paper is crucial for aspirants aiming for positions in the Indian Economic Service and Indian Statistical Service, providing a comprehensive assessment of their knowledge in General Economics.

Major Topics Covered

  • Revenue Deficit
  • Effective Revenue Deficit
  • Fiscal Deficit
  • Primary Deficit
  • Climate Finance
  • Demand Curve
  • Developing Economy Planning
  • Green GDP
  • Formal Incidence
  • Effective Incidence

Why This Paper is Important

  • Useful for Indian Economic Service - Indian Statist preparation
  • Helps understand the latest exam pattern
  • Useful for practice and self-assessment
  • Covers frequently asked General Studies topics
  • Helpful for analysing question trends

Related Resources

  • IES ISS 2020 General Economics Paper III
  • IES ISS 2022 General Economics Paper III
  • UPSC CSE 2021 General Studies Paper I
  • IES ISS 2021 General Economics Paper III Answer Key
  • IES ISS Exam Syllabus
  • General Economics Syllabus for UPSC Exams
  • IES ISS Exam Pattern
  • UPSC Exam Pattern

Instructions

  • an a tair shanning an an tairif 193 There are SIXTEEN questions divided under THREE sections.
  • The ONLY question in Section A is compulsory. t auturid and confirming In Section B, SIX out of NINE questions are to be attempted.
  • In Section C, FOUR out of SIX questions are to be attempted.
  • Candidates should attempt questions/parts as per the instructions given in the sections.
  • The number of marks carried by a question / part is indicated against it.
  • Wherever any assumptions are made for answering a question, they must be clearly indicated.
  • Diagrams/Figures, wherever required, shall be drawn in the space provided for answering the question itself.
  • Unless otherwise mentioned, symbols and notations have their usual standard meanings.
  • Candidates are required to write clear, legible and concise answers and to adhere to word limits, wherever indicated.
  • Failure to adhere to word limits may be penalized.
  • Attempts of questions shall be counted in sequential order.
  • Unless struck off, attempt of a question shall be counted even if attempted partly.
  • Any page or portion of the page left blank in the Question-cum-Answer Booklet must be clearly struck off.
  • Answers must be written in ENGLISH only.

Questions (page 2)

Section A

Q1. Answer all the following parts in about 100 words each :

(a) Distinguish between Revenue Deficit, Effective Revenue Deficit, Fiscal Deficit and Primary Deficit.

(b) What is climate finance? Why is it important?

(c) Despite downward sloping demand curve for an industry, why is the demand curve of a firm horizontally parallel?

(d) Why is planning necessary for a developing economy? Explain.

(e) What is the rationale behind Green GDP?

(f) How does Mrs. Hicks make a distinction between formal incidence and effective incidence?

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Frequently asked questions

What is the name of the exam for which this paper was conducted?

This paper is from the Indian Economic Service - Indian Statistical Service Examination 2021.

Which paper is this question paper?

This is the General Economics Paper - III.

Who conducts the IES/ISS Examination?

The IES/ISS Examination is conducted by UPSC (Union Public Service Commission).

What is the duration allowed for this paper?

The time allowed for this paper is Three Hours.

What are the maximum marks for General Economics Paper - III?

The maximum marks for this paper are 200.

How many questions are there in this paper?

There are sixteen questions divided under three sections.

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