Key elements for GD/WAT/PI preparation:
1. Knowing the processes for GD/WAT/PI
2. Knowing how to conduct yourself during these activities i.e. knowing what to do and what not to do.
3. Working on the skills that will be tested through these activities
4. Practicing till you gain confidence and are able to perform well
5. Simultaneously enhancing your background knowledge of various areas so that you can build effective arguments for whatever topic might be given to you or effectively answer any questions that may be posed.
SOME RECENT GD TOPICS:-
TOPIC NO-1 (RBI’s surplus transfer to the government)
On 26th August 2019, Reserve Bank of India (RBI) approved the Bimal Jalan-led committee report,
which recommended transferring RBI’s excess capital over the next 3 to 5 years. So this year, RBI transferred Rs. 1.76 lakh crore to the government.
TOPIC NO-2 (Fit India Movement)
On 29th August 2019, which is a National Sports Day, the Prime Minister of
India Narendra Modi launched the ‘Fit India Movement‘ (Fit India Abhiyan) to encourage people to adopt a fit & healthy lifestyle.
TOPIC NO-3 (Can India become a $5 trillion economy by 2024?)
The present government of India has set a target to make India a $5 trillion economy by 2024. So, there are debates on whether this goal is achievable or not.
India’s GDP in 2018 was $2.73 trillion dollars.
TOPIC NO-4 (Can illiterates be given driving licenses?)
In May 2019, all illiterates have been banned from driving any sort of vehicle in Rajasthan. A single bench of the Rajasthan High Court has instructed the state government to withdraw the driving licenses of those who cannot read. The court has also instructed the transport authorities to issue proper instructions and guidelines and take the necessary action in cases where a driving license has been issued to someone who can’t read and write. This has sparked a
the debate on whether the move is a step in the right direction or not.
TOPIC NO-5 (Nuclear waste management)
Nuclear power generation has, in recent years, become a very viable source and alternative for energy. It is cheaper, less polluting, more efficient and requires lesser fuel than its conventional counterparts. But, along with it comes the serious issue of waste disposal. Accordingly, Nuclear power is the only large-scale energy-producing technology that fully takes care of its waste and even includes the cost of disposal in the charges to consumers. The amount of waste generated is also very small compared to the output generated. The level of hazard of all radioactive waste diminishes with time, which is not the case with other hazardous industrial materials.
TOPIC NO-6 (Bad bank – Is it a good idea?)
The term Bad Bank first came into existence in 1988 in the USA. A Bad Bank is basically an asset restructuring company that takes on the bad loans/non-performing assets of banks at a discount and sells it off.
In January 2017, the Economic Survey of India suggested setting up a ‘Public Sector Asset Rehabilitation Agency‘ (PARA). On May 8th 2018, the then interim finance minister Piyush Goyal hinted towards the possibility of setting up a “Bad Bank” for which a panel was working to assess its possibility in India. A “Bad Bank” is basically an Asset Restructuring Company in its functioning. These steps were taken in light of the increased number of NPAs in the Indian banking sector. The NPAs amount to ?10 lakh crore as of 2019.
TOPIC NO-7 (Privatization will lead to less corruption)
Privatization is the process of transferring ownership of a business, enterprise, agency or public service from the public sector to the private sector.
TOPIC NO-8 (Lokpal Bill)
Lokpal will have the power of superintendence and direction over any investigation agency including CBI for cases referred to them. Lokpal members will be elected by a committee consisting of Prime Minister, Speaker of Lok Sabha, Leader of Opposition in the Lok Sabha, Chief Justice of India or a sitting Supreme Court judge nominated by CJI, eminent jurist to be nominated by the President of India on the basis of recommendations of the first four members of the selection committee.
In 1966, the Administrative Reforms Commission (ARC) headed by Morarji Desai recommended the creation of ‘Lokpal’ in the centre & ‘Lokayukthas’ in the states to instill public faith in the government.
TOPIC NO-9 (Youth in Politics)
Youth have always been in politics especially at the time of reform movements.
Most of these young people are in informal politics rather than formal politics. Ex – Social movements,
Pressure groups etc.
There are some formal student wings in political parties dedicated to the young peoples’ participation in politics. Ex – Akhila Bharatiya Vidyarthi Parishad, Indian Youth Congress, etc.
TOPIC NO-10 (How can slums be improved?)
A slum is an urban informal settlement that is unfit for living because it lacks access to basic sanitation, drinking water, electricity, etc.
TOPIC NO-11 (How can river Ganga be cleaned?)
Nearly 40% of the Indian population depends on Ganga water for daily usage.
Ganga river is providing livelihood to lakhs of people.
TOPIC NO-12 (Should there be a retirement age for politicians in India?)
People’s representatives should be fit physically as well as psychologically.
Senior politicians should give chance to young politicians. So that fresh ideas and plans can be implemented.
But senior politicians have vast practical knowledge about the issues in the country. They tend to become wiser with age. If there is a retirement age for politicians, this learned knowledge will go into vain.
TOPIC NO-13 (Will GST be a success?)
‘Goods & Services Tax’ (GST) is the biggest tax reform in India till now. GST replaces all the indirect taxes in the country.
At present, there are different tax rates in different states. With GST, tax rates will be equal throughout the country.
All the indirect taxes such as Excise tax, sales tax, service tax, etc. will be replaced by GST. GST also eliminates double taxation.
TOPIC NO-14 (Can we rely on Cryptocurrencies like Bitcoin?)
Cryptocurrency is a digital currency that operates independently of government.
This uses cryptography to regulate the generation of the units of currency and to verify the transfer of funds.
“Bitcoin” is the earliest cryptocurrency.
There are more than 900 cryptocurrencies available over the internet as of July 2017. ‘Bitcoin’ and ‘Ethereum’ have the most demand.
TOPIC NO-15 (Insolvency and bankruptcy code)
Developed to find a solution to the proliferating stressed assets of banks, The Insolvency and Bankruptcy Code has been evolving since 2016. Although the code has been able to do only a little good to the banks until now, it is promising and has been able to identify defaulters and provide solutions to some extent.
It is an Act to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time-bound manner for maximization of value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders including alteration in the order of priority of payment of Government dues and to establish an Insolvency and Bankruptcy Board of India, and for matters connected therewith or incidental thereto.
TOPIC NO-16 (How can we reduce the wealth gap between Rich & Poor?)
As per Oxfam’s latest report (2019), 73% of the wealth generated last year went to the richest 1%,
while 67 crore Indians who comprise the poorest half of the population saw only a 1 % increase in their wealth.
It also highlighted that 37% of India’s billionaires have inherited (family) wealth. Apart from this,
Credit Suisse in their 2018 Global Wealth Report of 2018 stated that the richest 10% of Indians own 77.4% of the country’s wealth.
In the past years, the gap between rich and poor has increased rapidly in countries, despite the expansion of their economies. The IMF and economists over the world view this as a hurdle to economic growth.
Such a billionaire boom indicates an economic failure and promotes inequalities in education and employment.
TOPIC NO-17 (Are Leaders born or made?)
The most important prerequisite for leaders is to have good professional knowledge and professional competence irrespective of the field or organization they belong to. Leaders should have the ability to make decisions and take full responsibility for them.
It is because of the lack of this quality, projects are delayed, costs escalate, money and at times lives are lost. A person who does not take a decision lacks confidence. Lack of confidence is often a result of a lack of professional knowledge and competence.
Leaders should have moral as well as physical courage. In case a person lacks moral courage, he/she ends up becoming a yes person and is likely to be used by superiors for their undue favors, and also cannot earn respect from his/her subordinates.
The leader should be absolutely just and impartial.
TOPIC NO-18 (BRICS)
BRICS refers to Brazil, Russia, India, China, and South Africa. It was formed in 2006 as BRIC.
South Africa was added as its member in 2010. The idea of the creation of BRICS was initiated by Russia.
The summits are held annually. Progress and new goals are discussed there.
It is a group of emerging countries, which help each other in development projects, improved infrastructure,
energy security, health, sustainable development, climate change, etc.
BRICS is the bridge between the developed west and the developing countries. It has worked to some extent to neutralize the monopoly of the USA in different international institutions.
Their coming together also saved them from the 2008 recession.
As the IMF still has the domination of the USA, the BRICS countries have set up their own bank,
The New Development Bank, headquartered in Shanghai, China with an initial subscribed capital of 50 billion dollars.
Unlike, the IMF the BRICS founding members will have equal voting rights and the non-BRICS members will have voting power equal to the number of its subscribed shares in the capital stock of the bank.
The world has reached such an extent of globalization from where reversal is not possible.
Instead of cooperation, we are witnessing increased xenophobia, anti-globalisation, surging unilateralism, protectionism, and populism. The BRICS community is advancing towards the mutual benefit, cooperation and
TOPIC NO-19 (Impact of Crony capitalism on India)
Crony capitalism is an economy in which businesses thrive due to their proximity to the ruling government and influential people. Unlike Capitalism, which works on merit & competition, crony capitalists get undue advantage by the patronage of politicians and authorities.
TOPIC NO-20 (How can the standard of people below the poverty line be raised?)
Before discussing ways to improve the standards of people below poverty line let us first discuss who are the most impoverished people in our country. Though our country has been showing great progressive numbers but Labourers (farmworkers in villages, casual workers in cities), tribespeople,
Dalits (low caste untouchables) and Muslims remain the poorest Indians. Almost 60% of the poor continue to reside in Bihar, Jharkhand, Orissa, Madhya Pradesh, Chhattisgarh, Uttar Pradesh, and Uttarakhand.
Significantly, 85% of India’s tribespeople and Dalits live in these states.
TOPIC NO-21 (Banking Frauds: Result is Rising NPAs; Better to Prevent now than to run after)
The rising volume of Bank frauds is swallowing all the economic development and is causing financial indiscipline in the country. One big defaulter like Vijay Mallya, Nirav Modi, Mehul Choksi usurps thousands of crores which not only adds to the sharp increase in the quantum of Non-Performing Assets (NPAs) but takes out the sizable funds that could have otherwise been used for economic well being of thousands of poor willing to become entrepreneurs with banks’ help and plan to start up their small businesses.
TOPIC NO-22 (Travelling: Helps in Generating Ideas and Experiential Learning)
‘The more you travel, the more learned you are’ – this old saying has proved its substance whenever tested with time and people since the beginning. Traveling not only helps one to gain knowledge, generate ideas and earn experiential learning, but it also helps mankind tremendously in reaching out to unexplored destinations, expanding the business arena, learn cross country culture and civilizations.
TOPIC NO-23 (Ethics or Profit?)
One of the most important areas on which GD topics are placed in the final selection round in IIMs, XLRI, FMS, IMI, and other top MBA colleges is the Abstract GD topic which requires your opinion based writing and what positives and negatives you could find in the GD topics. One of such abstract
GD topics are Ethics or Profit which is very relevant for an MBA aspirant to understand when he enters the management world. Below are shared the key points of information and the way you could present your views on the GD topic ‘Ethics of Profit’.
TOPIC NO-24 (Shortage of Open Spaces and Playgrounds Lead to Negative Tendencies in Children)
A healthy body is the house of a healthy mind. At the growing age, it comes with a lot of physical activities, games and sports played outside in the open spaces and playgrounds, which are perishing fast. These outer spaces significantly impact our mental and physical well-being as the foundation of a person’s growth and betterment lies in the very environment he/she resides in.
Environmental structures such as parks and playgrounds act as a platform for children to engage in physical activities. A report for District Information System for Education (DISE) emphasizes that even 40% of schools in India lack playgrounds. This downfall has significantly affected children’s various aspects of growth and has developed several harmful dispositions into them.
TOPIC NO-25 ($5 Trillion Economy: The Vision, Challenges, and Roadmap for India)
On 15th August 2019, delivering his 6th Independence Day Speech, Prime Minister Narender Modi expressed confidence that India would be a $5-trillion economy in 2024. More recently, speaking at a function to mark 100 years of ASSOCHAM in New Delhi on 20.12.2019, Prime Minister Modi said that the BJP-led government has given the country a solid foundation so that it can achieve its target to be the US $5 trillion economy by 2024. “The country has made itself so strong in the last five years that we can set such targets and achieve them too,” he said.
Earlier, in July 2019, the Economic Survey laid out a blueprint for $5 Trillion Indian economy.
The Economic Survey 2019 presented by Chief Economic Adviser (CEA) Krishnamurthy Subramanian focusses on moving to a “virtuous cycle” of savings, investments, and exports to transform India into a $5 trillion
the economy in the next five years.