What do you understand by devaluation of rupee?
Devaluation of Rupee refers to the fall in the value of rupee in terms of foreign currency. Specifically, it implies deliberate official lowering of the value of the country's currency with respect to the foreign currency. Devaluation prevails under the fixed exchange rate regime. This implies that the value of rupee has fallen and the value of foreign currency has risen. It means that now (after devaluation) one US$ can be exchanged for more rupees. This encourages exports and discourages imports as the former is cheaper now for foreign countries and the latter is expensive for Indians.
How is RBI controlling the commercial banks?
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?
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?
Why has the industrial sector performed poorly in the reform period?
Why are tariffs imposed?
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?
What are the functions of the environment?
Do you think that in the last 50 years, employment generated in the country is commensurate with the growth of GDP in India? How?
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.
What were the main causes of India’s agricultural stagnation during the colonial period?
What are the three basic sources of generating power?
What is sustainable development?
What are the indicators of educational achievement in a country?
Classify the following into renewable and non-renewable resources
(i) trees (ii) fish (iii) petroleum (iv) coal (v) iron-ore (vi) water
Were there any positive contributions made by the British in India? Discuss.
Keeping in view your locality, describe any four strategies of sustainable development.