Why are regional and economic groupings formed?
With the objective of understanding various means and strategies to strengthen the economies, different nations of the world are motivated to form regional and global economic groups like SAARC, European Union, ASEAN, etc. The formation of such regional and economic groups helps the member countries to know the development strategies and measures adopted by other member countries. This enables them to analyse their strength and weakness and, thereby, formulate policies to accelerate social progress and cultural development among its member countries. Secondly, another important purpose behind setting up of these groups is maintenance of peace and stability of the member countries. In addition to this, these groups provide a common platform to raise their voice in a unified manner on common issues to safeguard their common interests.
Compare and contrast the development of India, China and Pakistan with respect to some salient human development indicators.
Define the liberty indicator. Give some examples of liberty indicators.
What are the various means by which countries are trying to strengthen their own domestic economies?
Comment on the growth rate trends witnessed in China and India in the last two decades.
Explain the Great Leap Forward campaign of China as initiated in 1958.
Group the following features pertaining to the economies of India, China and Pakistan under three heads
• One-child norm
• Low fertility rate
• High degree of urbanisation
• Mixed economy
• Very high fertility rate
• Large population
• High density of population
• Growth due to manufacturing sector
• Growth due to service sector.
Give reasons for the slow growth and re-emergence of poverty in Pakistan.
What similar developmental strategies have India and Pakistan followed for their respective developmental paths?
Mention the salient demographic indicators of China, Pakistan and India.
Fill in the blanks
(a) First Five Year Plan of ________________ commenced in the year 1956. (Pakistan/China)
(b) Maternal mortality rate is high in _____________. (China/Pakistan)
(c) Proportion of people below poverty line is more in __________. (India/Pakistan)
(d) Reforms in ______________ were introduced in 1978. (China/Pakistan)
What was the focus of the economic policies pursued by the colonial government in India? What were the impacts of these policies?
What are the two major sources of human capital in a country?
What do you mean by rural development? Bring out the key issues in rural development.
Define a plan?
Who is a worker?
Explain the term ‘infrastructure’.
What is meant by environment?
Why were reforms introduced in India?
Why calorie-based norm is not adequate to identify the poor?
Name some notable economists who estimated India’s per capita income during the colonial period?
Trace the relationship between human capital and economic growth.
Distinguish between ‘Green Revolution’ and ‘Golden Revolution’.
What are the two major sources of human capital in a country?
Critically appraise some of the shortfalls of the industrial policy pursued by the British colonial administration.
Why is agricultural diversification essential for sustainable livelihoods?
Why were reforms introduced in India?
What is meant by environment?
Give a quantitative appraisal of India’s demographic profile during the colonial period.
Who is a worker?
How is RBI controlling the commercial banks?