Ch 1 & 2 Indian economics

 

1. Name some notable economists who estimated India’s per capita income during the colonial period. (1)

2. What were the main causes of India’s agricultural stagnation during the colonial period? (4) 

3. Name some modern industries which were in operation in our country at the time of independence.    (1)

4. What was the two-fold motive behind the systematic deindustrialisation affected by the British in pre-independent India?  (2)

5. Give a quantitative appraisal of India’s demographic profile during the colonial period. (4)

6. Indicate the volume and direction of trade at the time of independence. (2)

7. Why was public sector given a leading role in industrial development during the planning period?  (3)

8. While subsidies encourage farmers to use new technology, they are a huge burden on government finances. Discuss the usefulness of subsidies in the light of this fact. (4)

9. Match the following:  (3)

1.	Prime Minister	A.	Seeds that give large proportion of output
2.	Gross Domestic Product	B.	Quantity of goods that can be imported
3.	Quota	C.	Chairperson of the planning commission
4.	Land Reforms	D.	The money value of all the final goods and services produced within the economy in one year
5.	HYV Seeds	E.	Improvements in the field of agriculture to increase its productivity
6.	Subsidy	F.	The monetary assistance given by government for production activities.