Class 11 Economics - Indian Economic Development - Chapter Liberalisation, Privatisation and Globalisation: An Appraisal NCERT Solutions | What is the meaning of quantitative rest

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?

What do you understand by devaluation of rupee?

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.

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?

What problems are being faced by the power sector in India?

Explain ‘growth with equity’ as a planning objective.

Why and how was the private sector regulated under the IPR 1956?

Bring out the differences between human capital and human development.

How has the consumption pattern of energy changed over the years?

Is it necessary to generate employment in the formal sector rather than in the informal sector? Why?

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?

‘There is a downward trend in inequality world-wide with a rise in the average education levels’. Comment.

Give reasons for the slow growth and re-emergence of poverty in Pakistan.

Explain how the opportunity costs of negative environmental impact are high.