Mains Answer Writing - 25 Jan, 2026

GS3

Economy

15 marks

What are Masala Bonds? Discuss their objectives and key benefits for India’s external financing and infrastructure development.

Start with a crisp definition: Clearly define Masala Bonds in one line—rupee-denominated bonds issued overseas with currency risk borne by investors.
Link objectives with macroeconomic needs: Connect objectives to reducing forex risk, lowering dependence on ECBs, deepening offshore rupee markets, and supporting rupee internationalisation.
Use benefits with policy relevance: Highlight benefits for infrastructure financing, state/PSU borrowing, investor diversification, and financial stability, with brief India-specific context.

8.5/15

Topper’s Answer Sheet

With detailed evaluation

More Challenges

GS3
Economy
Yesterday
Discuss the significance of makhana cultivation in India with reference to livelihood security, nutrition, and export potential. How do recent government initiatives aim to strengthen this sector?
View Challenge
GS1
Modern History
23 Jan, 2026
Parbati Giri is often remembered as the “Mother Teresa of Western Odisha”. Examine her role in India’s freedom struggle and assess her contribution to post-Independence social reform in Odisha.
View Challenge
GS2
International Relations
22 Jan, 2026
“The BRICS Plus naval exercise reflects emerging divergences within the BRICS grouping regarding the scope and direction of cooperation.”
Critically examine this statement in the context of India’s strategic autonomy and its approach towards separating economic multilateralism from security alignments.
View Challenge