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Outline the steps involved in attaining 3

Sustainable development in India


29 Compared to Urban women, 3
more rural women are found
working. Why?
Or
Distinguish between open
and disguised
unemployment.
30 Explain in brief 2
i i) Proletarian Cultural 2
Revolution
ii ii) Great Leap
Forward Campaign

31 1
i i) What is marketable 3
Surplus? 4
ii ii) Explain in brief
importance of import
substitution to protect
domestic industry

OR
Why is it necessary to
become member of WTO?
32 1
i i) What do you 3
understand by Casualisation
of workforce
ii ii) What measures or
steps government have
taken to solve the problem
of unemployment in India?

33 3
i i) Discuss the main 3
causes of Environmental 2
Degradation? 4
ii ii) Explain in brief
functions of Environment

OR
i i) What are the
sources of rural Credit?
ii ii) What is
agricultural marketing?
Explain its problems

34 The financial sector in India 2


is regulated by the Reserve 2
Bank of India (RBI). You may 2
be aware that all banks and
other financial institutions in
India are regulated through
various norms and
regulations of the RBI. One
of the major aims of
financial sector reforms is to
reduce the role of RBI from
regulator to facilitator of
financial sector. This means
that the financial sector may
be allowed to take decisions
on many matters without
consulting the RBI. Foreign
investment limit in banks
was raised to around 50 per
cent. Liberalisation of trade
and investment regime was
initiated to increase
international
competitiveness of industrial
production and also foreign
investments and technology
into the economy. The aim
was also to promote the
efficiency of local industries
and adoption of modern
technologies. Since 1991,
there has been a continuous
reduction in the taxes on
individual incomes as it was
felt that high rates of income
tax were an important
reason for tax evasion. It is
now widely accepted that
moderate rates of income
tax encourage savings and
voluntary disclosure of
income
On the basis of above,
answer the following:
i i) Discuss role of RBI
from regulator to facilitator
particularly after reforms?
ii ii) What steps were
taken to bring international
competitiveness in domestic
industries.
iii iii) To deal with tax
evasion what reforms were
made in taxation system of
India.

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