TODAYs ANSWER WRITING CHALLENGE FROM GS-III
Q1. Answer the following (in about 20 words each): 2×15=30
a) What is Phillips curve?
b) What is Hundi?
c) What is twin deficit?
d) What is the main difference between free trade area and common market?
e) What is forward currency market?
f) What is offshore currency market?
g) What is Laffer curve?
h) What are Eurobonds?
i) What is disguised unemployment?
J) What are nifty and the nifty junior?
k) What is Agri-Trade?
l) What is CEMA bloc?
m) What is rolling settlement?
n) What is the difference between Green Box subsidies and Blue box subsidies?
o) What are non-factor services in India’s balance of payments?
[2X15=30marks/2006/GS-3] (in about 20 words each).
Please write answer in the comments section.