Mains Answer Writing Practice – 17 November 2023

Mains Question 

Question 1 – General Studies- Paper II and III, International Relations and Economy

1. Elaborate on the primary goals of the Indo-Pacific Economic Framework for Prosperity (IPEF) and the four pillars around which it is structured ?

Question 2 – General Studies- III, Economy

2. Recently, the Reserve Bank of India (RBI) announced an increase in risk weights on consumer credit exposure for both banks and Non-Banking Financial Companies (NBFCs). Could you provide insights into the reasons behind this regulatory decision and discuss the potential impact it may have on the banking and NBFC sectors in India?

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