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.
Popular Questions of Class 11 Economics - Indian Economic Development
- Q:-
Compare and contrast the development of India, China and Pakistan with respect to some salient human development indicators.
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How is RBI controlling the commercial banks?
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Explain the steps taken by the government in developing rural markets.
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What are the functions of the environment?
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Distinguish between the following
(i) Strategic and Minority sale
(ii) Bilateral and Multi-lateral trade
(iii) Tariff and Non-tariff barriers. - Q:-
Why was the public sector given a leading role in industrial development during the planning period?
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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.
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Infrastructure contributes to the economic development of a country. Do you agree? Explain.
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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:-
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?
Recently Viewed Questions of Class 11 Economics - Indian Economic Development
- Q:-
Were there any positive contributions made by the British in India? Discuss.
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‘There is a downward trend in inequality world-wide with a rise in the average education levels’. Comment.
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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
RatioEstimated
No. of Workers
(in crores)Rural
Uraban
Total71.88
28.52
100.4041.9
33.7
39.571.88/100 x 41.9 = 30.12
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? - Q:-
Agriculture sector appears to be adversely affected by the reform process. Why?
- Q:-
Compare and contrast the development of India, China and Pakistan with respect to some salient human development indicators.
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Is environmental crisis a recent phenomenon? If so, why?
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What do you mean by agricultural marketing?
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Justify that energy crisis can be overcome with the use of renewable sources of energy.
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Discuss the following as a source of human capital formation
(i) Health infrastructure
(ii) Expenditure on migration. - Q:-
What happens when the rate of resource extraction exceeds that of their regeneration?
- NCERT Chapter