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
Pakistan faced several challenges post-reforms:
Volatile agriculture sector: Inconsistent performance led to economic instability.
Over-dependence on remittances: A lack of diversification in revenue sources made the economy vulnerable.
Political instability: Created uncertainty, deterring foreign investment and slowing economic growth.
For a hypothetical economy, assume the government increased infrastructural investment by ₹10,000 crore. 80% of additional income is consumed in the economy. Estimate the increase in income and the corresponding increase in consumption expenditure in the economy.
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}
Interpret the given picture and explain any one strategy to control it from becoming an ecological disaster.
“Micro-credit programmes have helped to fill in the gaps in the formal credit system.”
Justify the given statement.