In what ways did the International Monetary Fund help countries during the coronavirus crisis? Government changed the customs rules to prevent the misuse of free trade agreements (FTAs). Explain. India and South Africa wrote to seek waiver on some provisions of World Trade Organisation (WTO) agreements to expedite steps to contain pandemic. Which agreements and provisions are they? Why are the waivers needed? Critically analyse the current account surplus that India posted in the first two quarters of the calendar year 2020. What policies for promotion of foreign direct investment in India were taken by the Government of India during the pandemic? Is atmanirbhar strategy restrictive of foreign direct investment? The response of the government to the pandemic induced economic recession was a mix of fiscal stimulus and liquidity support. Elaborate and justify. The redefinition of Micro, Small and Medium Enterprises (MSMEs) may have unintended consequences that can defeat the official objectives. Critically examine the observation. Critically analyse the Fixed Term Employment (FTE) provisions in the Industrial Relations Code 2020. The Production-Linked Incentive (PLI) scheme has to be seen as a part of the wider and structural package of reforms to boost investments in India. What are these ‘next generation’ reforms since 2019? How will they position India as a competitive The Reserve Bank of India has taken several measures of late to enable monetary policy transmission. Substantiate. What is a share buyback? Who gains? Is it a form of disinvestment for the government? The three important laws that were made by the Parliament to bring in market reforms in the agricultural sector are complementary. Comment.