Calls for reducing fuel consumption, gold imports, and foreign exchange expenditure reflect concerns regarding India’s external sector stability. Critically analyse the effectiveness and limitations of austerity-based economic responses in managing external economic crises.
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May 13, 2026
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Battery Energy Storage Systems (BESS) are emerging as an essential component of India’s clean energy transition. Examine their significance in ensuring renewable energy reliability, reducing power curtailment and supporting sustainable economic growth. (15 Marks)
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May 11, 2026
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Carbon Border Adjustment Mechanism (CBAM) reflects the intersection of climate policy and international trade. Examine the challenges it poses for developing economies and evaluate the need for a robust domestic carbon pricing mechanism. Suggest suitable measures for an effective response. (15 Marks)
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May 5, 2026
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