Daily Practice Sheet 7 June 2020

  • June 7, 2020
  • Posted by: admin
  • Category: DPS
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Daily Facts

The share of the top percentile (or top 1%) in India’s national income pie is at its highest level (22%) since 1922. This share had declined from 21% in the late 1930s to less than 6% in the early 1980s. They also argue that the period between 1951 and 1980 witnessed a decline in the share of the super-rich in the national income pie, and a rise in the share of the bottom half of India’s population. Between 1980 and 2014, the situation has reversed.

  

Daily Mains Mantra

 GS 3: Economy

  1. Monetary policy has to work hand-in-glove with fiscal policy in tackling corona pandemic. Discuss briefly tools of monetary and fiscal policy. [Reference: Indian Express]
  2. Has economic inequality increased in India after LPG policy of 1991? Examine its impact on the economy. [Reference: WeForum]
  3. What do you understand by GVA? How it is different from GDP? Discuss their relevance. [Reference: The Hindu]

GS 4:  Ethics

  1. Why inequality is not morally permissible? [Reference: The Guardian]