Class 11 Economics - Indian Economic Development - Chapter Liberalisation, Privatisation and Globalisation: An Appraisal NCERT Solutions | How is RBI controlling the commercial ba

Distinguish between the following

(i) Strategic and Minority sale
(ii) Bilateral and Multi-lateral trade
(iii) Tariff and Non-tariff barriers.

Agriculture sector appears to be adversely affected by the reform process. Why?

Why were reforms introduced in India?

Those public sector undertakings which are making profits should be privatised. Do you agree with this view? Why?

Why did RBI have to change its role from controller to facilitator of financial sector in India?

What do you understand by devaluation of rupee?

Do you think outsourcing is good for India? Why are developed countries opposing it?

Do you think the navaratna policy of the government helps in improving the performance of public sector undertakings in India? How?

Discuss economic reforms in India in the light of social justice and welfare.

Why has the industrial sector performed poorly in the reform 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 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?

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!

Evaluate the various factors that led to the rapid growth in economic development in China.

What were the main causes of India’s agricultural stagnation during the colonial period?

Bring out the importance of animal husbandry, fisheries and horticulture as a source of diversification.

Discuss the main drawbacks of our health care system.

Bring out the differences between human capital and human development.

Underscore some of India’s most crucial economic challenges at the time of independence.