What is the meaning of quantitative restrictions?
Quantitative Restrictions (QRs) refer to the restrictions in the form of limits or quotas on the amount of commodities that can either be imported or exported. QRs usually on imports (refers to non-tariff measures) are imposed to discourage imports of foreign goods and to reduce Balance of Payment (BOP) deficits. The imposition of QRs provides impetus to the domestic firms to survive, grow and expand in a protective and lesser competitive environment.
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?
What do you understand by devaluation of rupee?
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?
Underscore some of India’s most crucial economic challenges at the time of independence.
Establish the need for acquiring information relating to health and education expenditure for the effective utilisation of human resources.
What factors contribute to human capital formation?
Discuss the main drawbacks of our health care system.
What was the focus of the economic policies pursued by the colonial government in India? What were the impacts of these policies?
Compare and contrast the development of India, China and Pakistan with respect to some salient human development indicators.
What is marketable surplus?
Define the liberty indicator. Give some examples of liberty indicators.
What objectives did the British intend to achieve through their policies of infrastructure development in India?
Why did India opt for planning?