Indian Economy 1950-1990 — Economics STD 12 Commerce — Question

'Subsidies provide an incentive for wasteful use of resources.'Do you accept/ reject? Justify your answer.

Explain any three schemes launched by the government to remove poverty.

Explain the changing role of state in Indian economy since introduction of reforms.

Read the passage given below and answer the following questions from 1 to 4.
The economic and social benefits of human capital formation and human development are well known. The union and state governments in India have been earmarking substantial financial outlays for the development of education and health sectors. The spread of education and health services across different sectors of society should be ensured so as to simultaneously attain economic growth and equity. India has a rich stock of scientific and technical manpower in the world. The need of the hour is to better it qualitatively and provide such conditions so that they are utilized in our own country.

1. For a improved health status of the country, family planning is quit essential. Which of the following is the main reason for family planning?

1. For birth control issues
2. For having unwanted pregnancies
3. For having child every year
4. To get pregnant before the age of twenty

2. What percentage of GDP is contributed towards health and educatoin sectors in India respectivley.

1. 1.8% and 4.6% respecively
2. 5.4% and 3.4% respectively
3. 7% and 7.4% respectively
4. 6% and 6.4% respectively

3. __ is not an indicator which measures the education status of the country?

1. year os schooling
2. Life expectancy
3. Teacher pupil ratio
4. Net attendance ratio

4. Health status of a country is relfected by indicators such as birth rate, death rate, infant mortality rate, maternal mortality rate, life expectancy etc. The given statement is?

1. True
2. False
3. Partially true
4. Can’t comment

Read the passage given below and answer the following questions from 1 to 4.
India has seen a long and rich history of handicrafts. Years and years of evolution and refinement have made it possible for India to retain a coveted spot in the handicrafts landscape of the world. Where the ancients were exemplary in their craft, the contemporary craftsmen are adept in using the knowledge of the ancients by adding modem craft techniques to them. They have carefully preserved this age - old art that represents dignity, style and beauty of the Indian culture.
Voyaging through the lanes of Indian handicrafts is a tempestuous affair. There are seen striking ups and downs throughout the late 2000s, had a grave impact on handicrafts industry.
Despite the growth of handicraft industry in India and the measures taken by the government to promote handicrafts, the average earning of a craftsman when compared to that of other fields is very low. Hence, the younger generation is moving to other fields with only the elder craftsmen being left behind. The country needs younger generation of craftsmen to carry on the tradition of handicrafts, and this is only possible by ensuring the assistance of craftsmen to improve their techniques, availability of quality raw materials, direct marketing channels, credit and better wages and providing them with socio-economic benefits.
Source: The statesman.com Nov. 1, 2018

1. India had a world wide reputation of..........?

1. Handicrafts
2. Landscape
3. Labour
4. None of these

2. To preserve handicrafts industry and to promote it the country should encourage younger generation of craftsmen helping them with:

1. availability of quality raw materials
2. better wages
3. direct marketing channels
4. All of the above

3. During British rule Indian handicrafts were discouraged by ......... on their exports.

1. Removal of Rajas
2. Nawabs
3. Giving subsidies
4. None of these

4. Decay of indigenous handicrafts during British rule was due to:

1. introduction of discriminatory tariff policy
2. Industrial Revolution in Britain
3. commercialisation of agriculture
4. Both [a] and [b]

'Industrial licensing and industrial sops were used to promote regional equality.' Discuss.

Why calorie-based norm is not adequate to identify the poor?

Explain the factors responsible for rapid growth in economic development in China.

Write a brief note on International Bank for Reconstruction and Development (IBRD).

State the long period goals of five-year plans.
OR
Explain the long-term objectives of Five Year Plans in India.