INDIAN SCHOOL MUSCAT DEPARTMENT OF COMMERCE AND HUMANITIES Indian Economic Development Class : 11 Date of issue --------------2017
Indian Economy 1950 - 1991 Economics (030)
Reference: NCERT text book Date of submission ------------------2017
Very Short Answer questions – (1 Mark each) 1. Define GDP 2. What is meant by structural changes? 3. Define quantitative restrictions? 4. Give the meaning of devaluation of rupee? 5. What are small scale industries? Short 1. 2. 3. 4.
Answer questions – I (3 Marks each) Why the public sector was assigned greater importance than private sector? Why and how was private sector regulated under industrial policy resolution of 1956? How were the industries classified according to the industrial policy resolution of 1956? What are were the different ways adopted for trade protection during the planning period? 5. Why and how were small scale industries promoted during the plan period?
Very Short Answer questions – II (4 Marks each) 1. Discuss the green revolution and its consequences. 2. Should subsidies be given to farmers? Discuss the usefulness of subsidies. 3. Explain how the government protected the domestic products from foreign competition during 1950 – 1990. Long Answer questions – (6 Marks each) 1. Discuss the common features of all Five year plans. 2. Discuss the achievements and the shortcomings of the development policies followed by India during the planning period.
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ISM/SENIOR SECTION/ECONOMICS/CLASS 11 - 2017-2018
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