Invertis University, Bareilly Unit Test II Session 2011-12 (Even Semester) Subject: Indian Economy since independence Paper

r Code: BBA 201 Branch: Time : 1 Hr Attempt All questions. Each question carries equal marks. Semester: 2nd M.M: 30

Q1:
What do you understand by term five year plan? What do you understand by MRTP? What does IDBI Stand for? What is the concept of Import Subsititution? What is the concept of unfair trade practices

(2*5)

Q2: Explain Planning Proess in India and its institutional arrangement.

(ii)Explain various main functions of Planning Commission in India? .

(5)

(5)

Q3: Why do you understand by term closed economy? Also mention various policy measures adopted by
indian government after independence to keep Indian economy as a closed economy (5) (ii) Write a Short note on pre liberlization economic policies of India. (5)