Class 11 Economics - Indian Economic Development - Chapter Liberalisation, Privatisation and Globalisation: An Appraisal NCERT Solutions | How is RBI controlling the commercial ba

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

What do you understand by devaluation of rupee?

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

Discuss economic reforms in India in the light of social justice and welfare.

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?

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

Discuss the following as a source of human capital formation
(i) Health infrastructure
(ii) Expenditure on migration.

Name some modern industries which were in operation in our country at the time of independence?

Education is considered to be an important input for the development of a nation. How?

How has women’s health become a matter of great concern?

Why are less women found in regular salaried employment?

Explain how import substitution can protect domestic industry.

Who is a casual wage labourer?

Explain the role of micro-credit in meeting credit requirements of the poor.

The newly emerging jobs are found mostly in the sector (service/manufacturing).