Indian Economy On The Eve Of Independence — Economics STD 12 Commerce — Question

Explain the main causes of unemployment in India.

What is the importance of employment generation programmes?

"Over time, human capital has replaced physical capital as the most scarce resource and the main economic factor". What is the value of human capital in economic development?

What was the need for economic reforms in 1991?

Discuss fiscal policy reforms under New Economic Policy 1991.

As a form of economic activity, outsourcing has intensified in recent times. Most MNCs, and even small companies, are outsourcing their services to India. Defend or refute the above statement.

What has been the impact of self-reliance on Indian economy?

Read the passage given below and answer the following questions from 1 to 4.
The Centre of considering extending the free foodgrain and pulse distribution scheme, under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), for 3-4 months. This is in view of the spike in Covid cases, and also to provide relief to the millions of poor families who have suffered during the pandemic, said people in the know. For wheat, rice and pulses (notably chana), the Centre has adequate stock to provide for free until March 2021.
"Details have been sought from various agencies involved in the distribution of grains and pulses through the Public Distribution System in the first eight months of this fiscal year, and a final decision on the same is under consideration" said a senior official.
Under PMGKAY 1 and 2, which started from April and is due to end in November, the government has so far distributed an additional 5kg of wheat and rice per month to 800 million beneficiaries of the National Pood Security Act (NFSA), over their usual entitlement of 5kg of grains a month.
In addition, the government has distributed 1kg of free pulses (largely chana) to every NFSA family in the last eight months, numbering 200 million. Overall, 32 million tonnes (mt) of wheat and rice have been made available for free, alongwith 1.4 mt of pulses, a bulk of which is chana, show government estimates. Source: Business Standard, 26 Nov. 2020.

1. The Centre has sufficient stock to provide free wheat and rice until.......... 2021.

1. March
2. May
3. June
4. April

2. NFSA stands for...........?

1. National Food Service Art
2. National Food Security Act
3. National Finance Security Act
4. National Finance Service Act

3. Government gives free food grains and pulses to poor families under the scheme............?

1. PMGKAY
2. NFSA
3. Both [a] and [b]
4. None of these

4. Nutritions requirements are .......... calories per person per day in rural areas whereas.......... calories per person per day in urban areas.

1. 2500, 2200
2. 2400, 2100
3. 2400, 2300
4. None of these

How does poverty line categorise poor people?

‘Under the Delhi Declaration, the G-20 nations pledged to reach global net zero emissions approximately by mid-century and to triple global renewable energy capacity by 2030.’
Discuss briefly the rationale behind the commitment by G-20 nations in the direction of achieving sustainable development.