Indian Economy (1950–1990)-Important Questions

IMPORTANT QUESTIONS

CHAPTER 2: Indian Economy (1950–1990)

1. What is plan? Why should plans have goals?
2. Define the following:-
   1. Capitalist Society
   2. Socialist Society
   3. Mixed economies
3. Write a short note on Growth as a goal of planning?
4. What do you mean by modernisation?
5. Avoiding imports of those goods which could be produced in India was one of the important aspects why?
6. Explain the need and type of land reforms implemented in the agriculture sector.
7. What are HYV seeds?
8. Write a short note on Green Revolution?
9. What is market surplus?
10. What is sectorial composition of an economy? Is it necessary that the service sector should contribute maximum to GDP of an economy? Comment.
11. Briefly explain the industrial policy resolution 1956?
12. What do you mean by small scale industries? Why are small scale industries considered as ‘labour intensive’?
13. What was the Effect of Policies on Industrial Development?
14. Define permit license raj?