What is the meaning of quantitative restrictions?
Quantitative Restrictions (QRs) refer to the restrictions in the form of limits or quotas on the amount of commodities that can either be imported or exported. QRs usually on imports (refers to non-tariff measures) are imposed to discourage imports of foreign goods and to reduce Balance of Payment (BOP) deficits. The imposition of QRs provides impetus to the domestic firms to survive, grow and expand in a protective and lesser competitive environment.
Popular Questions of Class 11 Economics - Indian Economic Development
- Q:-
Why was the public sector given a leading role in industrial development during the planning period?
- Q:-
What are the functions of the environment?
- Q:-
What do you understand by the drain of Indian wealth during the colonial period?
- Q:-
Critically appraise some of the shortfalls of the industrial policy pursued by the British colonial administration.
- Q:-
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?
- Q:-
Explain the steps taken by the government in developing rural markets.
- Q:-
Agriculture sector appears to be adversely affected by the reform process. Why?
- Q:-
What objectives did the British intend to achieve through their policies of infrastructure development in India?
- 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:-
Do you think the navaratna policy of the government helps in improving the performance of public sector undertakings in India? How?
- Q:-
Distinguish between the following
(i) Strategic and Minority sale
(ii) Bilateral and Multi-lateral trade
(iii) Tariff and Non-tariff barriers. - Q:-
Is it necessary to generate employment in the formal sector rather than in the informal sector? Why?
- Q:-
Why and how was the private sector regulated under the IPR 1956?
- Q:-
The traditional handicrafts industries were ruined under the British rule. Do you agree with this view? Give reasons in support of your answer.
- Q:-
Discuss the need for promoting women’s education in India.
- Q:-
What is the significance of ‘energy’? Differentiate between commercial and non-commercial sources of energy.
- Q:-
Define the liberty indicator. Give some examples of liberty indicators.
- Q:-
Why are employment generation programmes important in poverty alleviation in India?
- Q:-
What is marketable surplus?
- NCERT Chapter