Mains Answer Writing Practice – 7 August 2023

Mains Question – Word Limit (200 Words)

Question 1 – General Studies- Paper III- Economic Development

1. What is the role of the RBI’s Monetary Policy Committee (MPC) in India’s monetary policy framework? How does the MPC influence key policy rates like the repo rate and reverse repo rate?

Question 2 – General Studies- Paper II and III- Economic Development and Social Justice

2. How does the Indian government support sugarcane farmers through procurement policies? Also highlight Fair and Remunerative Price (FRP) scheme.

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