Outline and discuss the classification of industries into various categories as per Industrial Policy Resolution, 1956.
The Government of India, in the initial years of economic development, emphasized on a greater role of the public sector in the industrial development. Justify the statement, giving reasons in support of your answer.
Define disguised unemployment. State its implications on output and employment in a country.
“Amita is a regular worker in a private firm that employs twelve hired workers.” Is she working in the formal/informal sector? Give valid reasons in support of your answer.
Discuss any two liberalization measures pertaining to the tax reforms, introduced by the government, during the economic reform process of 1991.
Discuss any two factors that lead to stagnating Indian agriculture sector during British rule.
On the basis of the data given below, discuss the shift in output and employment sector-wise, in India and China: \begin{center}
Discuss any two benefits accruing from human capital formation.
Interpret the given picture and explain any one strategy to control it from becoming an ecological disaster.
“Information Technology can play a crucial role in rural development.” Discuss briefly the given statement.
“Micro-credit programmes have helped to fill in the gaps in the formal credit system.” Justify the given statement.
After the implementation of economic reforms, Pakistan experienced slowdown of growth due to various reasons including _______ . (Choose the correct alternative to fill in the blank): (i) Volatile performance of the agriculture sector (ii) Over-dependence on remittances from abroad (iii) Political instability
From the type of workers given in Column I, identify the correct nature of work in Column II:
Identify the sources of Human Capital Formation and choose the correct alternative to fill in the blanks.
Read the following statements carefully: Statement 1: India, Pakistan and China have similar physical endowments, but totally different political systems. Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.
Read the following statements carefully: Statement 1: India, Pakistan, and China have similar physical endowments but totally different political systems. Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.
Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below: Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth. Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.
The present day rapid industrial growth in China can be traced back to the economic reforms introduced in 1978, where ________ . (Choose the correct alternative to fill in the blank): (i) Initially reforms were initiated in agriculture, foreign trade and investment sectors. (ii) The policy of dual pricing was adopted. (iii) The Government revoked the policy of Special Economic Zones.
___________ farming is a system that is helpful in restoring, maintaining and enhancing the ecological balance. (Choose the correct alternative to fill in the blank):
During the British rule, India’s foreign trade had various features except ________ . (Choose the correct alternative to fill in the blank):
China was able to control its rapid population growth rate owing to _______ . (Choose the correct alternative to fill in the blank):
(i) Define externalities.
Differentiate between public provision and public production.