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What is the distinction between Human Resource Development and Human Development? Have the economic reforms initiated since 1991 been successful in improving human development and standard of living? Give reasons. Which policy measures would you like to suggest in this regard? imensions tions of, Section B 3. Do you think that major institutional obstacles come in the way of improving the conditions of Indian agriculture? What kind of technology and institutional alternatives would you like to suggest in this regard? State the various targets of monetary policy. State the various criterions used to define a good target variable. How monetary policy can be useful to achieve sustainable high economic growth. Explain the important issues which are crucial and hence need to be addressed in India’s trade policy. 6. Critically examine the various st regional disparities. Which suggest regional imbalances? 7. How far India is from the welfare state it wished to become? 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