Showing posts with label Economics Essays for Competitive Exams. Show all posts
Showing posts with label Economics Essays for Competitive Exams. Show all posts

Tuesday, November 10, 2015

Medicine has become a commercial profession

I completely agree that Medicine has become a commercial profession just like any other profession. Gone are the days when, Medicine was more humanitarian in nature than professional.
Medicine has become such a business that personhood has been forgotten to a great deal. Even in big and very popular hospitals, it is seen that if a patient is suffering from a unique disease, what attracts the doctors is the intricacies of the disease for further research ,while the patient and his human side becomes irrelevant.
In this era of immense competition and difficult survival, human values are available only in paucity and medical professionals in their race of survival and growth have started placing the monetary aspect of this noble profession higher than the humanistic aspect. 

How does one judge whether it is the wrong people who get selected in a medical school or is it the training they receive during their residency that is causing this drastic change in the way this profession operates? It is important that before they get certified as doctors, they should be trained about the fact that the sole objective of this principled and honorable profession is to relieve the suffering of a fellow human being, be it physical, social, spiritual, or emotional.

I strongly believe that the entire selection process needs to undergo a change. As a present norm, the medical students are selected only for grades, nothing else. But more than the grade, what is more important in this field is a human corner, social skills, comradeship and a perfectly balanced personality. All these traits can be accessed through various techniques of psychometric testing. In fact, some form of testing should be done for these soft skills as well and should have a considerable weight age in the selection process. If right kinds of people are selected for awarding the degree, half of the problem stands resolved.

Thursday, November 5, 2015

MNCs are harmful to the economic development of a country

Do you agree with the statement? Build up your argument to support your stand.


MNCs, a culture of modern India, a virtue of modernised slavery; not just limited to one, but to different countries of the world. When we carefully analyse the pros and cons of the MNC culture, it is highly shocking and painful to see our soul wealth, our youth, totally surrendered to the greed of wealth, losing themselves to their entirety.

We find a lot many arguments to support the MNC and their culture, especially denoting them to be helpful in our economic development. Still this remains to be a big question mark in actuality. In the practical world, MNCs have indirectly put us down in terms of our economic development. If we carefully observe the basis of the development of economy of any country, it starts with their wealth and standard of living, which comes from the manpower of that nation, their capability and health. When we look upon ourselves, our stand is surging down day-by-day in terms of our manpower. We can discuss them briefly one by one.

Wealth, denoting the economy of the country is divided in 3 sections in our society, namely, rich class, middle class and poor class. The two extremes still manage to be within their blocks; but the middle class, with their eagerness to rise beyond their reach, get easily attracted to the lucrative offers of these companies. They are the ones who are ready to compromise everything, to earn and lead a life of luxury. In turn, they become the victims and get stuck in the quicksand of multiple loans.

Undoubtedly, the living standard of an average Indian has risen up; still he lacks the strength and confidence to portray his luxurious life as his own. An era of EMI is the bi-product of these MNCs. Everything that we purchase is on EMI, and the day we end up paying the instalments for a thing and proudly announce as our own, the product would have already undergone much wear and tear to the extent, that it demands a replacement. And here, the human mentality and greed makes us enter the same vicious circle again and again, as we always prefer a replacement with a higher ranged product. We have gained the confidence to bear the EMI because of the lucrative salary offer by these MNCs. When we peep within, what we own today with that high paying job, is simply “Nothing”. And this standard of living with a high burden of loan is what we happily call Economic Development today.

Wednesday, November 4, 2015

English Essay for Civil Service Exams

Should rich countries provide loans to poor countries without any interest?


Today, the world is becoming smaller as countries get closely linked. Trade volumes have increased and the movement of people between countries is higher than ever before. However, billions of people still live in poverty, and in many regions the gap between rich and poor is widening. This essay will look at the arguments for and against providing loans to poor countries without interest. 

There are many reasons for helping poor countries. 

Firstly, there are humanitarian reasons. Like individuals who contribute to charity, many countries feel it is their religious, social, or moral duty to help people in other countries who are suffering from famine, drought, war, or disease. However, many rich countries also donate money for political or diplomatic reasons. They want to maintain a relationship of dependency with the recipient, or simply to influence the government and direction of the country. 

A further reason why many countries help poorer ones is for economic reasons. The donors may want to control the supply of commodities such as oil, water, or wheat. Alternatively, the richer country may want to ensure markets for their own products, whether these are food products, medicines, planes, clothes, computers or shoes.

However, aid is not necessarily the best way to help a country. For one thing, billions of dollars of aid often goes missing, into corrupt governments or inefficient administration. A second point is that many foreign aid projects are unsuitable for the target country. Many agencies build huge dams or industrial projects that fail after a few years or that do not involve the local people. 

Tuesday, November 3, 2015

Economics Essays for Competitive Exams

What activities of a Government can make it successful in the country?


A country should have a healthy democracy to elect a government and Indians are lucky that they are citizens of a nation which values democratic rights. So i wish to express my views on the activities of a democratic government that can make it successful.

Democratic government should function as the main protector of our rights and freedoms as well. But in reality, our rights depend heavily on active government i.e. on positive government actions. In fact, the very existence of rights depends on government. In a very real way, rights and civil liberties are actually political constructs-creations of government.

The major activities in the form of policy programs that can make a Government successful in a country are:

Regulation of the Business Cycle. Until the financial crisis that began in 2008, most people had forgotten how dependent we are on the government to prevent economic depressions. The government has use a variety of monetary and fiscal policies to limit the natural boom and bust cycles of the economy.

Public Health Programs - A variety of programs can be run under the National Health programme state and local Public Health departments that can greatly improve the health of most citizens. For example diseases of polio, cholera, and smallpox can be effectively eradicated from the country.

Consumer Protection - In reaction to spurious and bad products, government can pass legislation to protect consumers from shoddy and dangerous products. The maxim Consumer is King should hold true.

Social Security and Medicare - These two government programs if implemented properly can make growing old simple. People can enjoy retirement years free from poverty and illness.