Class 11 Economics - Indian Economic Development - Chapter Liberalisation, Privatisation and Globalisation: An Appraisal NCERT Solutions | Do you think the navaratna policy of the
Do you think the navaratna policy of the government helps in improving the performance of public sector undertakings in India? How?
To improve efficiency, infuse professionalism and to enable PSUs to compete effectively in the market, government awarded the status of 'navaratnas' to the following nine PSUs:
1) Indian Oil Corporation Ltd (IOCL)
2) Bharat Petroleum Corporation Ltd (BPCL)
3) Hindustan Petroleum Corporation Ltd (HPCL)
4) Oil and Natural Gas Corporation Ltd (ONGC)
5) Steel Authority of India Ltd (SAIL)
6) Indian Petro-chemicals Corporation Ltd (IPCL)
7) Bharat Heavy Electricals Ltd (BHEL)
8) National Thermal Power Corporation (NTPC)
9) Videsh Sanchar Nigam Ltd (VSNL)
These corporations were granted a greater degree of financial, managerial and operational autonomy. This boosted their efficiency and effectiveness. They also became highly competitive and some of them are becoming the giant global players. Consequent to their better performance, the government retained them under the public sector and enabled them to grow themselves not only in the domestic market but also in the international market. These corporations are self-reliant and financially self-sufficient. Thus, the navaratna policy has certainly improved the performance of these PSUs.
More Questions From Class 11 Economics - Indian Economic Development - Chapter Liberalisation, Privatisation and Globalisation: An Appraisal
- Q:-
How is RBI controlling the commercial banks?
- Q:-
Distinguish between the following
(i) Strategic and Minority sale
(ii) Bilateral and Multi-lateral trade
(iii) Tariff and Non-tariff barriers. - Q:-
Agriculture sector appears to be adversely affected by the reform process. Why?
- Q:-
Why were reforms introduced in India?
- Q:-
Those public sector undertakings which are making profits should be privatised. Do you agree with this view? Why?
- Q:-
Why did RBI have to change its role from controller to facilitator of financial sector in India?
- Q:-
Do you think outsourcing is good for India? Why are developed countries opposing it?
- Q:-
What do you understand by devaluation of rupee?
- Q:-
Why has the industrial sector performed poorly in the reform period?
- Q:-
Why are tariffs imposed?
Popular Questions of Class 11 Economics - Indian Economic Development
- Q:-
What was the focus of the economic policies pursued by the colonial government in India? What were the impacts of these policies?
- Q:-
What are the two major sources of human capital in a country?
- Q:-
What do you mean by rural development? Bring out the key issues in rural development.
- Q:-
Define a plan?
- Q:-
Who is a worker?
- Q:-
Explain the term ‘infrastructure’.
- Q:-
What is meant by environment?
- Q:-
Why are regional and economic groupings formed?
- Q:-
Why calorie-based norm is not adequate to identify the poor?
- Q:-
Name some notable economists who estimated India’s per capita income during the colonial period?
Recently Viewed Questions of Class 11 Economics - Indian Economic Development
- Q:-
What is marketable surplus?
- Q:-
Explain the need and type of land reforms implemented in the agriculture sector.
- Q:-
Find the odd man out (i) owner of a saloon (ii) a cobbler (iii) a cashier in Mother Dairy (iv) a tuition master (v) transport operator (vi) construction worker.
- Q:-
Explain the two categories into which infrastructure is divided. How are both interdependent?
- Q:-
Comment on the growth rate trends witnessed in China and India in the last two decades.
- Q:-
Is environmental crisis a recent phenomenon? If so, why?
- Q:-
How has women’s health become a matter of great concern?
- Q:-
Match the following:
1. Prime Minister
2. Gross Domestic Product3. Quota
4. Land Reforms
5. HYV Seeds
6. Subsidy
A. Seeds that give large proportion of output
B. Quantity of goods that can be importedC. Chairperson of the planning commission
D. The money value of all the final goods and services produced within the economy in one year.
E. Improvements in the field of agriculture to increase its productivity
F. The monetary assistance given by government for production activities.
- Q:-
What is the significance of ‘energy’? Differentiate between commercial and non-commercial sources of energy.
- Q:-
Why are employment generation programmes important in poverty alleviation in India?
- All Chapters Of Class 11 Economics - Indian Economic Development
- All Subjects Of Class 11