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Hello All,

The Group usage here is a little cumbersome, so I am creating this thread to make sure that all questions with doubts stay in one place. Can someone push all the doubts and queries here? I will make this an announcement?


-Faceless, Anonymous "root"

jack_Sparrow,curious_kidand56 otherslike this
510.1k views

1.4k comments

@Disciple thanks...it has been shifted to this sub-scheme now.


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Dear candidates,

Unfortunately due to technical issues SFG 35 could not be conducted today. We apologize to you all for it and are doing our best to avoid such a situation in the future. We are now shifting SFG 35 (Environment Current Affairs January 2019 - March 2020) to 13th April and consequently, a minor change has been done in the schedule. Please go through the updated schedule on the following link. Thank you all for keeping your trust in ForumIAS.

 https://docs.google.com/spreadsheets/d/e/2PACX-1vS1koJ_YGdSPcVylQyUSz_fFXJZIeLU4vhOgk5mDxgtM1OukS_TSz040KogYBg4pDQuCGRouNyAPIZL/pubhtml?gid=0&single=true

Mzp6628,
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Clarification for test 35 SFG: Isn't IIP released by MinSPI?  

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Other than historical questions all other questions were very good today including the analytical ones..... But why use abbreviations??...it may be a standard abbreviation yet it would be better to provide both and abbreviations within bracket. For example cpi-c it seems like cpi core.... Standard abbreviation may be cpi combine...  Cpi al etc.

#personal opinion

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@ARS21 core iip by commerce ministry... iip by by mospi.... 


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SFG batch 2, Test 35

Question number 26. Statement 2.

Private remittance (which is calculated as net ie. Total incoming minus outgoing remittance) is part of GNP calculation. Hence income generated by foreigners in india is part of GNP calculation. This makes the 2nd statement wrong and correspondingly correct option should be D instead of B. 

Deepak_Singh1208,Micro
3.4k views

Question no 49

Increase in wages is demand pull and not cost push inflation.

Increase in wage->Increase in expenditure -->Increase in demand.


Deepak_Singh1208,Micro
2.8k views

Standard of questions is quite decreasing

#highly disappointed

3.3k views
@Guru_Ganesh it also increase cost of production 
So it is associated with cost push inflation. 


Antineutrino ,
3k views
@Bhatiss not a relevant argument.!


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@ARS21 core iip by commerce ministry... iip by by mospi.... 


@Jhaljit_forum can you quote a source on this? i have tried searching and it is given that initially Ministry of Commerce calculated it but later it was transferred to MoSPI

http://mospi.nic.in/iip

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Yes initially core iip is released by commerce ministry sooner than the total iip index using the inputs from core industries so that the data can be used by govt as soon as possible.... Later on mospi compile the total iip of all industries which come out much later.... Core iip and iip are reported monthly by PIB pliz see anyone of the monthly report......

bernoullitrials,
3.2k views

Quen no 50 in todays test was also in yesterdays simulator test. Kindly dont repeat the questions.



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SFG Batch 2 Test 35

Q : 33

Second Statement : The theme of Eleventh Plan was Inclusive Growth.

Issue in the Statement : No Plan had this theme. Do write proper theme.

Theme of 11th FYP : "Towards Faster & More Inclusive Growth"

Theme of 12th FYP : ‘Faster, Sustainable, and More Inclusive Growth’

Source : http://mospi.nic.in/sites/default/files/Statistical_year_book_india_chapters/Five%20Year%20Plan%20writeup_0.pdf

So how to ponder over your statement ? Please do not use shortcuts . Write full name. Else every other plan had an element of Inclusive Growth. 

----------------

Moreover, Please use Full Sentences/Terms along with abbreviations rather than just the abbreviations.

Thanks.


yraj,
2.9k views

Question no 49

Increase in wages is demand pull and not cost push inflation.

Increase in wage->Increase in expenditure -->Increase in demand.


Increase in wages leads to increased costs of production at the microeconomic level, since wages is a component of input cost for any product (factory workers demand more wages,so owner needs to increase product price to maintain his/her product profits). With increased production costs, it's cost push inflation.

Also at the macroeconomic level, rise in average level of income in an economy,leads to increased spending which triggers demand pull inflation.

Kindly think it with both perspectives. :)

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SFG batch 2, Test 35

Question number 26. Statement 2.

Private remittance (which is calculated as net ie. Total incoming minus outgoing remittance) is part of GNP calculation. Hence income generated by foreigners in india is part of GNP calculation. This makes the 2nd statement wrong and correspondingly correct option should be D instead of B. 

GNP is commonly calculated by taking the sum of personal consumption expenditures, private domestic investment, government expenditure, net exports and any income earned by residents from overseas investments, minus income earned within the domestic economy by foreign residents.
Private Remittance = Incoming Remittance (which would have been sent by Indians living abroad) - Outgoing Remittance (Which is sent by Foreigners living in India) is part of Gross National Product (GNP).
Since the outgoing remittance is getting subtracted from it, it can not be a part of GNP.
2.9k views
@ARS21 core iip by commerce ministry... iip by by mospi.... 


@Jhaljit_forum can you quote a source on this? i have tried searching and it is given that initially Ministry of Commerce calculated it but later it was transferred to MoSPI

http://mospi.nic.in/iip

A simple google search would have helped you. 

The monthly Index of Eight Core Industries (ICI) is a production volume index. ICI

measures the collective and individual performance of production in selected eight core industries

viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement, and Electricity.

It is compiled and released by Office of the Economic Adviser (OEA), Department of Industrial

Policy & Promotion (DIPP), and Ministry of Commerce & Industry. The inter-se weights of

these eight industries are largely in alignment with the respective weight of these industries in

the Index of Industrial Production (IIP). 

https://eaindustry.nic.in/eight_core_infra/ICI_Compilation_Methodology.pdf

2.9k views
@ARS21 core iip by commerce ministry... iip by by mospi.... 


@Jhaljit_forum can you quote a source on this? i have tried searching and it is given that initially Ministry of Commerce calculated it but later it was transferred to MoSPI

http://mospi.nic.in/iip

 The monthly Index of Eight Core Industries (ICI) is a production volume index. ICI

measures collective and individual performance of production in selected eight core industries

viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity.

It is compiled and released by Office of the Economic Adviser (OEA), Department of Industrial

Policy & Promotion (DIPP), and Ministry of Commerce & Industry. The inter-se weights of

these eight industries are largely in alignment with the respective weight of these industries in

the Index of Industrial Production (IIP). 

https://eaindustry.nic.in/eight_core_infra/ICI_Compilation_Methodology.pdf


Also if you look at the PIB links you can see that for the core industries the data is provided by Commerce Ministry and For the IIP in general by the MoSPI. For your reference,

https://pib.gov.in/newsite/PrintRelease.aspx?relid=199633

https://pib.gov.in/PressReleseDetail.aspx?PRID=1599044



bernoullitrials,
2.9k views
@Neo1234  The statement says:

"Income generated by foreigners in India isnotpart of India’s Gross National Product (GNP)"

So the statement is correct


3.3k views
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