IES ISS 2023 General Economics Paper III Question Paper PDF
- Year 2023
- Conducted By UPSC
- Questions 16
- Maximum Marks 200
- Duration Three Hours
- Languages English
Exam Details
| Detail | Information |
|---|---|
| Examination | Indian Economic Service-Indian Statistical Service Exam |
| Year | 2023 |
| 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 is the General Economics Paper III question paper for the Indian Economic Service-Indian Statistical Service (IES-ISS) Exam 2023, conducted by UPSC. The paper is divided into three sections, with Section A being compulsory, followed by a selection of questions from Sections B and C. It tests candidates' understanding of various economic concepts, including cost-benefit analysis, taxation, resource pricing, monopoly power, planning, public debt, and environmental economics. The exam allows three hours to complete and is worth a maximum of 200 marks. This paper is crucial for aspirants aiming for positions in the Indian Economic Service and Indian Statistical Service.
Major Topics Covered
- Social Rate of Discount
- Cost-Benefit Analysis
- Commodity Tax Incidence
- Elasticity of Demand and Supply
- Option Value
- Pricing of Exhaustible Resources
- Pricing of Renewable Resources
- Monopoly Power
- Indicative Planning
- Mixed Economy
- Lindahl's Voluntary Exchange Theory
- Public Expenditure
- Oligopolistic Market
- Structure-Conduct-Performance (SCP) Paradigm
- Tragedy of the Commons
- Carbon Markets
- Environmental Pollution Mitigation
- Decentralized Planning
- People's Participation
- Empowerment
- Internal Public Debt
- Public Debt and Inflation
Why This Paper is Important
- Useful for Indian Economic Service-Indian Statistic 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 2023 General Economics Paper I
- IES ISS 2023 General Economics Paper II
- IES ISS 2022 General Economics Paper III
- UPSC Economics Optional Papers
- IES ISS 2023 General Economics Paper III Answer Key
- UPSC Economics Paper III Solutions 2023
- IES ISS Syllabus
- UPSC Economics Optional Syllabus
Instructions
- There are SIXTEEN questions divided in THREE Sections.
- The ONLY question in Section-A is compulsory.
- 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 (QCA) Booklet must be clearly struck off.
- Answers must be written in ENGLISH only.
Questions (page 2)
Q2. Discuss Lindahl's Voluntary Exchange Theory for determining the optimum level 15 of public expenditure.
Q3. Discuss the pricing mechanism and the necessary conditions which allow an 15 established firm to prevent entry from outside in an oligopolistic market.
Q4. What is meant by structure, conduct and performance in the S-C-P paradigm?
Q5. Explain the problem of Tragedy of the Commons'.
Q6. What are carbon markets?
Q7. Discuss the role of people's participation in decentralized planning and its impact 15 on their empowerment.
Q8. Explain the burden of internal public debt. Does a large public debt result in inflation in a country?
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Frequently asked questions
What is the name of the exam for which this paper is conducted?
This question paper is for the Indian Economic Service-Indian Statistical Service (IES-ISS) Exam.
What is the year of this question paper?
The year of this question paper is 2023.
Which conducting body releases this paper?
The conducting body is UPSC (Union Public Service Commission).
What is the subject of this paper?
The subject is General Economics, specifically Paper III.
What is the maximum marks for this paper?
The maximum marks for this paper are 200.
What is the time duration allowed for this paper?
The time allowed is Three Hours.