Indian Economic Development (Questions with Answers)
What are the three pillars of economic reforms?(1 Marks)
What do you mean by privatization? (1 Marks)
What is 'poverty line’?( 1 Marks)
What do you mean by under employment? (1 Marks)
What is the present growth rate of Indian economy?( 1 Marks)
Discuss the important features of India’s demography during the British period?( 3 Marks)
Discuss the green revolution and its consequences.(3 Marks)
What are the causes of poverty in India?(3 Marks)
Discuss the importance of non- farming employment?
OR
Identify some major challenges of power sector in India?3 Marks
How do you explain seasonal unemployment in agricultural?(3 Marks)
What are the common goals of Indian five year plans?(4 Marks)
Which are the important sources of human capital formation? OR What are the similarities and dissimilarities between physical capital and human capital?(4 Marks)
Distinguish between renewable resources and non renewable resources. Give examples.
Distinguish between commercial energy and non commercial energy. Give examples for both.(2+2=4 Marks)
“Earth provides everything for every man’s but not for every man’s greed” interpret this famous statement of Gandhiji. (6 Marks)
“Twenty first century will be the Asian century”-Manmohan Singh.
Comment your opinion about these words.OR Compare the demographic features of India, China, and Pakistan(6 Marks)
Discuss the gains and pains of globalization. (6 Marks)
Answers:-
liberalization, privatization and globalization (1 Marks)
Privatization means disinvestment other words it implies giving away ownership of government enterprises to private companies. (1 Marks)
It is the cut-off point which divides population as poor and non-poor. (1 Marks)
Underemployment refers to people who are working in a lower capacity than they are qualified for, including in a lower-paid job or for less hours than they would like to work. (1 Marks)
8.9% (Give mark around 9%) (1 Marks)
Important features of India’s demography during the British period
Population 35 core.
Literacy level less than 16%
Poor health facilities
Mortality rate very high
Life expectancy 32 years.
Any relevant answers. 1x3=(3 Marks)
It’s based on new agricultural strategy increased agricultural productivity and production.
Consequences
Positive
Self sufficient in food
Reduced dependence on imports
Reduce price of foods
Any relevant answers.
Negative
Increase The inequality
Adversely effected the health
Any relevant answers. 1+1+1=(3 Marks)
Low income
Lack of asset
Unemployment
Inflation
Any relevant answers.1x3=(3 Marks)
Low investment
Rural development
More employment opportunity
Any relevant answers
OR
Our installed capacity for power generation is low.
Power supply is not stable
Electricity boards are very inefficient organization
Any relevant answers 1x3=(3 Marks)
Agriculture is a seasonal occupation
During between the periods are unemployed.
(Explanation with example) 1x3=(3 Marks)
Modernization
Growth
Self reliance
Equity
Employment
Any four with explanation 1x4=(4 Marks)
Education
Health
On-the-job training
Migration
Information
Any other relevant answer
Any four with explanation. 1x4=(4 Marks)
OR
Similarities
Dissimilarities
Both forms of capital formation
Human
physical
Both can mobile
Social process
Technological process
Both depreciate with time
intangible
tangible
Not Separate from owner
Separate from owner
Any other
Any other
2+2 =(4 Marks)
Renewable resources
Non renewable resources
Not exhaustible
exhaustible
Replaceable resources
Non replaceable
May be unlimited supply
Limited supply
Eg: water can be recycled and used again
Eg: oil, iron ore etc
Commercial energy
Non commercial energy
It used for commercial purpose
It used for non commercial activates
Its mainly energy resources
Self purpose
Non renewable resources
renewable resources
Eg: coal, petrol
Eg: fuel wood, agricultural waste.
2+2=(4 Marks)
Present economic growth of asian countries
The role of asian economy in the world economy
Major challenges of asian economy
Indian, china economical development in past, present and feature. 2+2+2=(6 Marks)
OR
Explain the following table,
Demographic indicator(2009)
India
China
Pakistan
Population(million)
1155.6
1331.1
169.4
Population growth
1.54%
0.66%
1.95%
Sex ratio
933
937
922
Fertility ratio
2.72
1.79
3.58
Any other relevant answers
2+2+2=(6 Marks) .
Economic reforms
Meaning of globalization
Consequences of globalization
Positive and negative things (give marks according to evaluation of globalization policy). 1x6=(6 Marks)
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Submitted By Mr. Mohammed Aslam
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About Yourself : Now working GCSE Economics international teacher
