Class 11 Economics - Indian Economic Development - Chapter Liberalisation, Privatisation and Globalisation: An Appraisal NCERT Solutions | Do you think the navaratna policy of the
Do you think the navaratna policy of the government helps in improving the performance of public sector undertakings in India? How?
To improve efficiency, infuse professionalism and to enable PSUs to compete effectively in the market, government awarded the status of 'navaratnas' to the following nine PSUs:
1) Indian Oil Corporation Ltd (IOCL)
2) Bharat Petroleum Corporation Ltd (BPCL)
3) Hindustan Petroleum Corporation Ltd (HPCL)
4) Oil and Natural Gas Corporation Ltd (ONGC)
5) Steel Authority of India Ltd (SAIL)
6) Indian Petro-chemicals Corporation Ltd (IPCL)
7) Bharat Heavy Electricals Ltd (BHEL)
8) National Thermal Power Corporation (NTPC)
9) Videsh Sanchar Nigam Ltd (VSNL)
These corporations were granted a greater degree of financial, managerial and operational autonomy. This boosted their efficiency and effectiveness. They also became highly competitive and some of them are becoming the giant global players. Consequent to their better performance, the government retained them under the public sector and enabled them to grow themselves not only in the domestic market but also in the international market. These corporations are self-reliant and financially self-sufficient. Thus, the navaratna policy has certainly improved the performance of these PSUs.
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 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.
- Q:-
Why has the industrial sector performed poorly in the reform period?
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:-
Why are less women found in regular salaried employment?
- Q:-
Explain how import substitution can protect domestic industry.
- Q:-
Who is a casual wage labourer?
- Q:-
Explain the role of micro-credit in meeting credit requirements of the poor.
- Q:-
The newly emerging jobs are found mostly in the sector (service/manufacturing).
- Q:-
Suppose you are from a poor family and you wish to get help from the government to set up a petty shop. Under which scheme will you apply for assistance and why?
- Q:-
How can creation of income earning assets address the problem of poverty?
- Q:-
What happens when the rate of resource extraction exceeds that of their regeneration?
- Q:-
Explain how the opportunity costs of negative environmental impact are high.
- Q:-
The traditional handicrafts industries were ruined under the British rule. Do you agree with this view? Give reasons in support of your answer.
- All Chapters Of Class 11 Economics - Indian Economic Development
- All Subjects Of Class 11