Name some notable economists who estimated India’s per capita income during the colonial period?
As the British government was never interested in upliftment of our country, so they never took any initiative to measure India's national and per capita income. Though some of the economists tried to estimate India's national income and per capita income during the colonial rule, the results are mixed and conflicting. The following are some of the notable economists who were engaged in estimation of national income and per capita income:
(i) Dadabhai Naroji
(ii)William Digbay
(iii) Findlay Shirras
(iv) V.K.R.V Rao
(v) R.C. Desai
Out of these, V.K.R.V Rao's estimates are considered to be significant. Most of these studies revealed that Indian economy grew at even less than two percent during 1900-50 with half per cent growth in per capita output per year.
Indicate the volume and direction of trade at the time of independence.
Critically appraise some of the shortfalls of the industrial policy pursued by the British colonial administration.
What do you understand by the drain of Indian wealth during the colonial period?
When was India’s first official census operation undertaken?
Name some modern industries which were in operation in our country at the time of independence?
Highlight the salient features of India’s pre-independence occupational structure.
What were the main causes of India’s agricultural stagnation during the colonial period?
The traditional handicrafts industries were ruined under the British rule. Do you agree with this view? Give reasons in support of your answer.
Give a quantitative appraisal of India’s demographic profile during the colonial period.
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 are regional and economic groupings formed?
Why were reforms introduced in India?
Why calorie-based norm is not adequate to identify the poor?
What are the indicators of educational achievement in a country?
Highlight any two serious adverse environmental consequences of development in India. India’s environmental problems pose a dichotomy — they are poverty induced and, at the same time, due to affluence in living standards — is this true?
Establish the need for acquiring information relating to health and education expenditure for the effective utilisation of human resources.
How is RBI controlling the commercial banks?
Explain the role of micro-credit in meeting credit requirements of the poor.
China’s rapid industrial growth can be traced back to its reforms in 1978. Do you agree? Elucidate.
Find the odd man out (i) rickshaw puller who works under a rick-shaw owner (ii) mason (iii) mechanic shop worker (iv) shoeshine boy.
The following table shows distribution of workforce in India for the year 1972-73. Analyse it and give reasons for the nature of workforce distribution. You will notice that the data is pertaining to the situation in India 30 years ago!
Place of Residence | Workforce (in millions) | ||
Male | Female | Total | |
Rural Urban |
125 32 |
69 7 |
195 39 |
Evaluate the various factors that led to the rapid growth in economic development in China.
What is the meaning of quantitative restrictions?
Bring out the importance of animal husbandry, fisheries and horticulture as a source of diversification.