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
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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.
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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
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State any four pressing environmental concerns of India. Correction for environmental damages involves opportunity costs — explain.
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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?
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Explain the need and type of land reforms implemented in the agriculture sector.
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Who is a casual wage labourer?
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What are the main problems of human capital formation in India?
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Analyse the recent trends in sectoral distribution of workforce in India.
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Why is agricultural diversification essential for sustainable livelihoods?
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What were the main causes of India’s agricultural stagnation during the colonial period?
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Do you think various measures taken by the government to improve agricultural marketing are sufficient? Discuss.
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Were there any positive contributions made by the British in India? Discuss.
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