Name some notable economists who estimated India’s per capita income during the colonial period?
As the British government was never interested in upliftment of our country, so they never took any initiative to measure India's national and per capita income. Though some of the economists tried to estimate India's national income and per capita income during the colonial rule, the results are mixed and conflicting. The following are some of the notable economists who were engaged in estimation of national income and per capita income:
(i) Dadabhai Naroji
(ii)William Digbay
(iii) Findlay Shirras
(iv) V.K.R.V Rao
(v) R.C. Desai
Out of these, V.K.R.V Rao's estimates are considered to be significant. Most of these studies revealed that Indian economy grew at even less than two percent during 1900-50 with half per cent growth in per capita output per year.
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?
What are the two major sources of human capital in a country?
Why is agricultural diversification essential for sustainable livelihoods?
Argue in favour of the need for different forms of government intervention in education and health sectors.
What are the main characteristics of health of the people of our country?
The following table shows distribution of workforce in India for the year 1972-73. Analyse it and give reasons for the nature of workforce distribution. You will notice that the data is pertaining to the situation in India 30 years ago!
Place of Residence | Workforce (in millions) | ||
Male | Female | Total | |
Rural Urban |
125 32 |
69 7 |
195 39 |
Is there any relationship between unemployment and poverty? Explain.
What is the state of rural infrastructure in India?
Explain the Great Leap Forward campaign of China as initiated in 1958.
Give a quantitative appraisal of India’s demographic profile during the colonial period.
How is human development a broader term as compared to human capital?