TODAYs ANSWER WRITING CHALLENGE FROM GS-III
Q1. Write about the following (answer to each question should be in about 20 words): 2 × 15 = 30 marks
a. Explain the term Merit Goods
b. What is Cheap Money?
c. What is Countervailing Duty?
d. What is Hot Money?
e. Explain the Concept Trickle Down Theory
f. What is Stagflation?
g. What is Engel’s Law?
h. Meaning of CCIL
i. What is Administered Price?
j. What is Venture Capital?
k. Explain the term Balance on Current Account
l. What is Consolidated Fund?
m. What is Budget Deficit?
n. Explain the term Most Favored Nations
o. Meaning of Capital-Output Ratio
[2X15=30marks/2007/GS-3] (answer to each question should be in about 20 words).
Please write answer in the comments section.