Scribd Logo
Upload

Welcome to Scribd!

  • 12 Economics-Indian Economy 1950-1990 - Assignment

    Uploaded by

    Siddharth
    14 views2 pages
    The document contains 20 multiple choice and essay questions regarding India's economy between 1950-1990. The questions cover topics such as land reform measures, the Karve Committee, import substitution policy, the economic system adopted by India, the Planning Commission, marketable surplus, successful land reforms, sectoral composition of the economy, the rationale for equity with growth as a planning objective, subsidies, objectives of planning such as growth and modernization, classification of industries, the role of the public sector in development, limitations of the Green Revolution technologies, foreign trade policy, need for land reforms in agriculture, need to protect small-scale industries and steps taken, and regulation of the private sector under the Industrial Policy Resolution of 1956.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document contains 20 multiple choice and essay questions regarding India's economy between 1950-1990. The questions cover topics such as land reform measures, the Karve Committee, import substitution policy, the economic system adopted by India, the Planning Commission, marketable surplus, successful land reforms, sectoral composition of the economy, the rationale for equity with growth as a planning objective, subsidies, objectives of planning such as growth and modernization, classification of industries, the role of the public sector in development, limitations of the Green Revolution technologies, foreign trade policy, need for land reforms in agriculture, need to protect small-scale industries and steps taken, and regulation of the private sector under the Industrial Policy Resolution of 1956.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    14 views2 pages

    12 Economics-Indian Economy 1950-1990 - Assignment

    Uploaded by

    Siddharth
    The document contains 20 multiple choice and essay questions regarding India's economy between 1950-1990. The questions cover topics such as land reform measures, the Karve Committee, import substitution policy, the economic system adopted by India, the Planning Commission, marketable surplus, successful land reforms, sectoral composition of the economy, the rationale for equity with growth as a planning objective, subsidies, objectives of planning such as growth and modernization, classification of industries, the role of the public sector in development, limitations of the Green Revolution technologies, foreign trade policy, need for land reforms in agriculture, need to protect small-scale industries and steps taken, and regulation of the private sector under the Industrial Policy Resolution of 1956.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Chapter - Indian Economy 1950-1990

    Assignment

    Note: To be done in the register.

    Q1. Which of the following is a land reform measure? (Choose the correct alternative)
    (a) Use of high yielding variety of seeds
    (b) Establishment of regulated markets
    (c) Price support system
    (d) Abolition of intermediaries

    Q2. In 1955, Karve Committee was formed to look into: (Choose the correct alternative)
    (a) Monopolies and restrictive trade practices
    (b) Promotion of village and small-scale industries
    (c) Industrial licensing
    (d) Revision of direct and indirect taxes

    Q3. Policy of ‘Import Substitution’ was targeted to protect __________ industries. (Fill up the blank with
    correct answer)

    Q4. India adopted the _________ economic system. (capitalist/ socialist/ mixed) (Fill up the blank with
    correct alternative)

    Q5. Define tariffs.

    Q6. When was the Planning Commission set up in India?

    Q7. What is marketable surplus?

    Q8. In which two states were land reforms successful?

    Q9. What is sectoral composition of an economy? Is it necessary that the service sector should contribute
    maximum to the GDP of an economy? Comment.

    Q10. ‘Modernisation as a planning objective shows a dichotomy with employment generation’. Justify the
    statement.

    Q11. Discuss briefly, the rationale behind “equity with growth” as planning objectives for Indian economy.

    Q12. ‘While subsidies encourage farmers to use new technology, they are a huge burden on government
    finances.’ Discuss the usefulness of subsidies in the light of this fact.

    Q13. Explain growth and modernisation as two long term objectives of planning in India.

    Q14. How were the industries classified according to the Industrial Policy Resolution, 1956?

    Q15. Why was the public sector given a leading role in industrial development during the planning period?

    1
    Q16. ‘While the nation had immensely benefitted from the Green Revolution, the technology evolved was
    not free from risks.’ In the light of above statement, describe any three limitations of the new
    technology adopted.

    Q17. Write a short note on foreign trade policy that India followed during 1950-1990.

    Q18. Discuss the need and type of land reforms that were implemented in the agriculture sector during the
    planning period in India.

    Q19. Why was there a need for protection of small-scale industries? State the steps undertaken by the
    government for their growth after independence?

    Q20. Why and how was private sector regulated under IPR 1956?

    You might also like