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[Results] Prelims 2020 Over - Gearing for 2021

Because of the corona virus issue? If it does not happen then worst affected will be people whose interview is stuck, around 600-700 such people I think are yet to appear for their interview.


@neyawn sir and others, what is your take?

This is the official Thread for discussion of Prelims Postponement, Please do not create new threads for the same.

jack_Sparrow,curious_kidand137 otherslike this
5.9m views

13.7k comments

@Dream11 😂😂😂
Han bhai.unhone apna alag sa team banalia h
Dream11 pe 😂😂


Dream11,
5k views

How can someone get 10 marks in Essay paper?

Masum_Ladka,
4.5k views
@ShivamS Haan milte hai aise number.


4.7k views

Dream11said

@ShivamS Haan milte hai aise number.


That's what i am asking na, how?

4.4k views
Intuitive (for me and many)
The currency and demand deposits are used to lend money to new borrowers and since they are liquid it is very easy to do so. Hence, if someone makes a 1lakh ₹ or 1₹ single transaction, it would increase the money supply more than the amount. 

Explanation: he transacted 1₹/1 lakh ₹ and so , added this to money supply of the economy. Now this money would be deposited by the person or spent. Either way, if deposited it would be lended to new borrower or if made somebody's income he would spend or deposit it, this process would continue till the money is converted to illiquid form or gets absorbed by economy. This, exactly is money multiplier concept and hence in this case money supply multiplies more because of above cycle. Since, liquid money can be easily lent, it is part of high powered money because money supply multiplies rapidly due to it.
Though, India has different liquidity and monetary aggregates (M1,M2, etc. & L1, L2 etc.) , high powered money by definition in works in exactly same fashion as other countries.

Recently, transactions are increasing in demand deposits because, currency note use is banned by finance act (above 1lakh ₹ /3lakhs ₹, not sure) as transaction in currency are unaccounted and govt. wants to disincentivize it for they can be used for unethical use and corrode money supply statistics. Your article too speaks of the same spirit.

So, I think the answer would be exactly C (more than wala option) if the question is not asked in some specific context, which I can safely assume in this case, UPSC is not. It is general studies paper.

Anyway, your arguments are welcome. Cross check elements of high powered money (I haven't checked it because being economics graduate I am 99% sure it would be) , and if demand deposits are there, it is safe to say money supply would increase by more than the amount.

prachimalik1121311,
4.7k views

ShivamSsaid

How can someone get 10 marks in Essay paper?

How is it possible? Anyone who has qualified Prelims and is getting 85 in GS-I (visible in screenshot) is definitely capable of writing an average Essay.

Does UPSC entertain rechecking pleas is such cases?

Botanopu,
3.7k views
 I think the paper is saying that after reforms H : high powered money behaved in a certain fashion which was not regular. Could you please check assumptions or theory underlining the paper . You might find the answer straight.


4.4k views
@hound mind is drained off sorry 


3.7k views
H: high powered money behaves differently in different countries depending on country's definition of it. But, 99% sure, demand deposits are part of H in any country for reason that it increases supply more and hence should be catered in definition.


prachimalik1121311,
4.3k views
@hound 🙏🏻


AbrodolphLincoler,
3.7k views
Perfectly fine. :)


prachimalik1121311,
4.3k views
Getting exact 96 from both vision and insights. Cutoff speculation: 96.6. Taking into account the fact that students got 4 extra months. So future now depends on AI question. Marked it as not all. 
Shashank76,
4k views

@Challenger_Deep from where did you got the cut off as 96.6? 

3.9k views
Oh!! 
Ye kuch bhi ho rha hai ab, yaar itna kharab koi nahi likhta ki 10 no. Aaye kisi ke..


3.2k views

Every year here on forum, there is a trend to make as many questions as debatable. Ab ye money multiplier bhi doubtful ban gaya 😂. 

Ab koi West Texas intermediate bhi doubtful banado. 

100 questions doubtful banado ab 

Aur fir cutoff cutoff khelte hai😂😂


parle ji_,prachimalik1121311
3.2k views
@prachimalik1121311 no I'm just concerned that all your posts are dealing with huge transactions. But the question has asked one simple transaction.
As a fellow UPSC aspirant, I hope you can understand this simple logic and keep yourself at peace.


3.8k views

Proper_patolasaid

@Challenger_Deep from where did you got the cut off as 96.6? 

🤔🤔

3.7k views

Hello friends if anyone getting more than 93 as per any single answer key of any institute will definitely clear so keep preparing for mains because after result you will get less time 

I m saying this because of my experience in last year.i was getting 94 from visionias key and lost hope and wasted 40 days but finally I got 99.33 officially then missed interview call by 8 marks.

You will not get anything by proving your answers as correct here because upsc has already decided answers that will not change in any case


Aurora,Oshoand8 otherslike this
3.9k views
@Proper_patola I know a witch. Very much reliable. She said I am not getting through. So guessing cutoff will be just above 96. Less than 97


4k views
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