Good Morning Friends,
Following are today’s Mains Marathon Questions.
About Mains Marathon – This is an initiative of ForumIAS to help/aid aspirants in their writing skills, which is crucial to conquering mains examination.
Every morning, we post 2-3 questions based on current affairs. The questions framed are meaningful and relevant to the exam.
Write your answers in the comment box, given below.
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Questions
1) State-owned banks mustn’t be completely privatized, these lenders still have a valid role to play. Discuss
2) India-UAE ties are not only comprehensive but strategic. Elaborate
Pls review and let me know my mistake.
Good attempt. In terms of content, I think most points have been covered barring a couple of dimensions. There is scope for improvement in the presentation though.
e.g., You can classify the points under different heads (You have done it for couple of points)
1. Energy Security: Supply of oil, Strategic Oil Reserves
2. Economics, Trade and Investments: UAE-India trade/investment details, CEPA etc.
3. Strategic: UAE’s support to India within OIC, I2U2/Quad etc.
4. Security: Anti-terrorism
5. Cultural: Diaspora etc.
6. Climate Change/Sci Tech
Conclude by saying that the spectrum of India-UAE ties is very wide, hence comprehensive. And all dimensions have strategic implications (trade, security, energy etc.)
Keep Writing 🙂
Okay noted! Thanku for the review
Thanku for the review.
Pls review.
Very Nice. Handwriting is just exquisite, hope You do not write in a very slow manner, do keep track of the time You take to write the answer.
Answer is very good in terms of structure. Some more points could have been added e.g., under pros for privatization: reduced government interference, better capital allocation etc.
Under cons, You can add systemic risks with no Government presence in the financial system, impact on financial stability etc.
Overall, very nice presentation, delightful to read such answer.
Thanks for the review.. I’ll try to incorporate these points in my ans nd improve my writing speed as well..
please review my answer and let me know about mistakes
PNB IS A PSB
YES, WE CAN TAKE EXAMPLE OF ICICI BANK
Great Answer! Nice handwriting, clear point-wise arguments, proper structure and all aspects of the question have been addressed.
1. In the section for privatisation add point of interference by Government, espcially in allocation of loans to PSUs and infra companies.
2. In arguments against, add point of financial instability. Pvt. banks are purely profit driven, so in the lack of appropriate regulations there is risk of financial crisis as happened in the US in 2008. Privatisation should be undertaken only when regulation is commensurately appropriate. There are also risks of moral hazard, e.g., to ensure financial system stability in case of large banks failure, Government might have to pump-in tax payers money to save a private entity.
3. You could have used the same point-wise approach in the way forward also.
Keep writing 🙂
Thanks, will try to incorporate your suggestions in the next question.
Please upload answers to different questions as separate comments.
A1.
Very Nice answer. You began with the definition which other aspirants missed out. In terms of content, wide range of arguments. Most points have been mentioned.
Structure needs to be changed based on the question statement.
You should mention the pros of privatization first, then go to the need of continuing with the PSBs. This is because the question statement is so worded ‘State-owned banks mustn’t be completely privatized, these lenders still have a valid role to play.’ Emphasis here is on continuation with PSBs. So mention the issues of PSBs and then their importance and then conclude.
Other aspects seem good.
Keep writing 🙂
thank you sir/ma’am
,your review is a ray of hope in my preparation
A2. Good attempt. In terms of content, some more points could have been mentioned. In terms of presentation, You can add specific titles to each point
e.g.,
– Strategic (West Quad/I2U2, Support in OIC and Kashmir issue)
– Energy Security (Do use this keyword instead of writing hydrocarbon imports).
– Trade and Economy.
– Diaspora/Cultural relations etc.
Points related to security (counter-terrorism, counter-radicalization measures), and diaspora could have been added in the answer.
Good answer, but with scope of improvement.
thank you for the review