What do you understand by devaluation of rupee?
Devaluation of Rupee refers to the fall in the value of rupee in terms of foreign currency. Specifically, it implies deliberate official lowering of the value of the country's currency with respect to the foreign currency. Devaluation prevails under the fixed exchange rate regime. This implies that the value of rupee has fallen and the value of foreign currency has risen. It means that now (after devaluation) one US$ can be exchanged for more rupees. This encourages exports and discourages imports as the former is cheaper now for foreign countries and the latter is expensive for Indians.
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?
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?
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?
‘There is a downward trend in inequality world-wide with a rise in the average education levels’. Comment.
Victor is able to get work only for two hours in a day. Rest of the day, he is looking for work. Is he unemployed? Why? What kind of jobs could persons like Victor be doing?
Define worker-population ratio.
Explain how the opportunity costs of negative environmental impact are high.
What are the various non-commercial sources of energy?
Classify the following into renewable and non-renewable resources
(i) trees (ii) fish (iii) petroleum (iv) coal (v) iron-ore (vi) water
Explain the term ‘infrastructure’.
Why was it necessary for a developing country like India to follow self-reliance as a planning objective?
Why are less women found in regular salaried employment?
Why, despite the implementation of the green revolution, 65 percent of our population continued to be engaged in the agriculture sector till 1990?