Class 11 Economics - Indian Economic Development - Chapter Liberalisation, Privatisation and Globalisation: An Appraisal NCERT Solutions | What do you understand by devaluation of

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?

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

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

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

Why are tariffs imposed?

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?

Illustrate the difference between rural and urban poverty. Is it correct to say that poverty has shifted from rural to urban areas? Use the trends in poverty ratio to support your answer.

Why are employment generation programmes important in poverty alleviation in India?

Discuss the main drawbacks of our health care system.

Suppose you are from a poor family and you wish to get help from the government to set up a petty shop. Under which scheme will you apply for assistance and why?

How government organisations facilitate the functioning of schools and hospitals in India?

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

Infrastructure contributes to the economic development of a country. Do you agree? Explain.

Is it necessary to generate employment in the formal sector rather than in the informal sector? Why?

Compared to urban women, more rural women are found working. Why?

Why and how was the private sector regulated under the IPR 1956?