Class 11 Economics - Indian Economic Development - Chapter Liberalisation, Privatisation and Globalisation: An Appraisal NCERT Solutions | Why are tariffs imposed?

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

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

What do you understand by devaluation of rupee?

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?

Give two instances of

(a) Overuse of environmental resources
(b) Misuse of environmental resources.

In your view, is it essential for the government to regulate the fee structure in education and health care institutions? If so, why?

What is sustainable development?

Identify the benefits and limitations of organic farming.

How is human development a broader term as compared to human capital?

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

What is meant by environment?

Is environmental crisis a recent phenomenon? If so, why?

Why calorie-based norm is not adequate to identify the poor?

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?