UPSC CSE Mains 2015 · GS2

“For achieving the desired objectives, it is necessary to ensure that the regulatory institutions remain independent and autonomous.” Discuss in the light of experiences in recent past.

Theme

T100 Regulatory & quasi-judicial bodies: CCI, SEBI–IRDA, tariff authorities

What UPSC asks in this theme

UPSC asks CCI's role against MNC abuse of dominance, merging SEBI and IRDA, a rail tariff authority, why regulators must stay independent, and quasi-judicial bodies.

What to cover

Regulatory independence: appointment, tenure, funding
CCI cases (Google, etc.)
Financial regulator convergence (FSLRC)
Quasi-judicial bodies: features, examples

Writing the answer

Use recent cases

These notes are for the whole theme, built from all 5 of its PYQs. UPSC does not publish model answers.

More PYQs from this theme

GS2202310 marks
Discuss the role of the Competition Commission of India in containing the abuse of dominant position by the Multi-National Corporations in India. Refer to the recent decisions.
GS22016
What is quasi judicial body? Explain with the help of concrete examples.
GS22014
The setting up of a Rail Tariff Authority to regulate fares will subject the cash strapped Indian Railways to demand subsidy for obligation to operate non-profitable routes and services. Taking into account the experience in the power sector, discuss if the proposed reform is expected to benefit the consumers, the Indian Railways or the private container operators.
GS22013
The product diversification of financial institutions and insurance companies, resulting in overlapping of products and services strengthens the case for the merger of the two regulatory agencies namely SEBI and IRDA. Justify.

All 20 GS2 2015 questions · Governance, Constitution, Polity, Social Justice & International Relations · Report a typo