Mains Answer Writing Practice – 17 February 2024

Mains Question 

Question 1 – General Studies- Paper III, Economy

1. Explain the evolution of FEMA (Foreign Exchange Management Act) from FERA (Foreign Exchange Regulation Act) and highlight the key provisions of FEMA that distinguish it from its predecessor. How has FEMA contributed to the modernization and liberalization of India’s foreign exchange management?

Question 2 – General Studies- Paper II, International Relations

2. Discuss India’s Neighborhood First Policy, outlining its key principles and significance in the context of India’s foreign relations.

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