What is marketable surplus?
Marketable surplus refers to the difference between the total output produced by a farmer and his on-farm consumption. In other words, it is that portion of the total output that the farmer sells in the market.
Marketable surplus = Total farm output produced by farmer - Own consumption of farm output.
Compare and contrast the development of India, China and Pakistan with respect to some salient human development indicators.
How is RBI controlling the commercial banks?
Explain the steps taken by the government in developing rural markets.
What are the functions of the environment?
Distinguish between the following
(i) Strategic and Minority sale
(ii) Bilateral and Multi-lateral trade
(iii) Tariff and Non-tariff barriers.
Why was the public sector given a leading role in industrial development during the planning period?
Match the following:
1. Prime Minister 3. Quota 4. Land Reforms 5. HYV Seeds 6. Subsidy |
A. Seeds that give large proportion of output C. 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. |
Infrastructure contributes to the economic development of a country. Do you agree? Explain.
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.
Highlight any two serious adverse environmental consequences of development in India. India’s environmental problems pose a dichotomy — they are poverty induced and, at the same time, due to affluence in living standards — is this true?
Why are less women found in regular salaried employment?
Why were reforms introduced in India?
Why should plans have goals?
The following table shows the population and worker population ratio for India in 1999-2000. Can you estimate the workforce (urban and total) for India?
Region | Estimates of Population (in crores) |
Worker Population Ratio |
Estimated No. of Workers (in crores) |
Rural Uraban Total |
71.88 28.52 100.40 |
41.9 33.7 39.5 |
71.88/100 x 41.9 = 30.12 ? ? |
Why did RBI have to change its role from controller to facilitator of financial sector in India?
Examine the role of education in the economic development of a nation.
What are the functions of the environment?
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.
What are the major factors responsible for the high growth of the service sector?
Discuss economic reforms in India in the light of social justice and welfare.