Gaytri Talwar

   1. Mention the dates of the following events- 2. Explain “Growth with equity” as a planning objective. (2) 3. Why was public sector given a leading role during planning period?? (3) 4. How import substitution can protect domestic industry? (2) 5. Explain any one of the policy under Land reform. (4)

   Part A: Introductory Macroeconomics Chapter 1: National Income and Related Aggregates (Basic Concepts) Q. NO QUESTION MARKS 1 Journey of Bread : A Farmer grows wheat of ₹10000 in his farm. The flour mill owner purchases this wheat and produces the flour of ₹25000. The bakery shop purchases this flour to produce bread of ₹ 40000 and sells these to the consumer. What is the total value added in the Journey of bread? 2 Identify the domestic territory of India: 1) Indian embassy in Australia 2) American embassy in India 3) Indian consulates in France 4) Branch of State bank of India in France 1 3 Suppose in an economy GDP at Market Price in a particular fiscal year was ₹4000, National Income was ₹2500 crore, Net Factor Income paid by the economy to Rest of the World was ₹400 crore and value of the Net Indirect Taxes is ₹450 crore. Estimate the value of consumption of fixed capital for the economy from the given data. 1 4 New Delhi. The Centre on Thursday eased norms to offer 50...