Class 11 Economics - Indian Economic Development - Chapter Liberalisation, Privatisation and Globalisation: An Appraisal NCERT Solutions | Why are tariffs imposed?
Why are tariffs imposed?
Tariffs are imposed to make imports from foreign countries relatively more expensive than domestic goods, thereby discouraging imports indirectly. These are imposed to provide a safe and protective environment to the infant domestic firms from their technologically advanced foreign counterparts. Tariffs facilitate the domestic firms to survive and grow. Tariffs are also imposed on those goods that the government thinks to be socially unwanted and imports of which will exert unnecessary burden on the scarce foreign exchange reserves.
More Questions From Class 11 Economics - Indian Economic Development - Chapter Liberalisation, Privatisation and Globalisation: An Appraisal
- Q:-
How is RBI controlling the commercial banks?
- Q:-
Distinguish between the following
(i) Strategic and Minority sale
(ii) Bilateral and Multi-lateral trade
(iii) Tariff and Non-tariff barriers. - Q:-
Agriculture sector appears to be adversely affected by the reform process. Why?
- Q:-
Why were reforms introduced in India?
- Q:-
Those public sector undertakings which are making profits should be privatised. Do you agree with this view? Why?
- Q:-
Why did RBI have to change its role from controller to facilitator of financial sector in India?
- Q:-
Do you think the navaratna policy of the government helps in improving the performance of public sector undertakings in India? How?
- Q:-
Do you think outsourcing is good for India? Why are developed countries opposing it?
- Q:-
What do you understand by devaluation of rupee?
- Q:-
Discuss economic reforms in India in the light of social justice and welfare.
Popular Questions of Class 11 Economics - Indian Economic Development
- Q:-
What was the focus of the economic policies pursued by the colonial government in India? What were the impacts of these policies?
- Q:-
What are the two major sources of human capital in a country?
- Q:-
What do you mean by rural development? Bring out the key issues in rural development.
- Q:-
Define a plan?
- Q:-
Who is a worker?
- Q:-
Explain the term ‘infrastructure’.
- Q:-
What is meant by environment?
- Q:-
Why are regional and economic groupings formed?
- Q:-
Why calorie-based norm is not adequate to identify the poor?
- Q:-
Name some notable economists who estimated India’s per capita income during the colonial period?
Recently Viewed Questions of Class 11 Economics - Indian Economic Development
- Q:-
What are the main characteristics of health of the people of our country?
- Q:-
What are the indicators of educational achievement in a country?
- Q:-
Were there any positive contributions made by the British in India? Discuss.
- Q:-
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?
- Q:-
How has the consumption pattern of energy changed over the years?
- Q:-
What similar developmental strategies have India and Pakistan followed for their respective developmental paths?
- Q:-
Who is a casual wage labourer?
- Q:-
Though the public sector is very essential for industries, many public sector undertakings incur huge losses and are a drain on the economy’s resources. Discuss the usefulness of public sector undertakings in the light of this fact.
- Q:-
Discuss the reforms which have been initiated recently to meet the energy crisis in India.
- Q:-
What is meant by environment?
- All Chapters Of Class 11 Economics - Indian Economic Development
- All Subjects Of Class 11