Ask a Doubt

Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 11-commerce Answered

Q.22 Explain in brief, the various points of criticism of economic reforms. Which values

in your opinion were tried to be realised?

Asked by sntshtrk530 | 04 Sep, 2017, 04:51: AM

Expert Answer

Agriculture sector performed poorly in the reform period

Reduction in investment in agriculture- During the reform period, the government decreased the investment in irrigation, power, roads and market linkages. The government of India removed the subsidy on fertilisers which made farming comparatively costlier.

Significant changes in policies- The government reduced the import duty on agricultural products and abolished the minimum support price for agricultural products

Export-oriented policy- As the government adopted an export-oriented policy in agriculture, there was a drastic shift in the production for the domestic market to the international market.

Industrial sector performed poorly in the reform period

Abolishment of tariff and non-tariff barriers on imported goods: The removal of tariff and non-tariff barriers made imported goods comparatively cheaper than domestically produced goods.

Globalisation: This created the condition of free movement of goods and services from foreign countries but affected the growth of domestic industries and employment generation in India.

Answered by Tharageswari S | 04 Sep, 2017, 09:22: AM

Practice Test

Answered Unanswered My Questions My Answers

CBSE 11-commerce - Economics

<div> <div>Q.25 What were the main causes of India’s agricultural stagnation during the colonial</div> <div>period?</div> </div>

Asked by sntshtrk530 | 04 Sep, 2017, 04:53: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Economics

<div> <div>‘While subsidies encourage farmers to use new technology, they are a huge burden</div> <div>on government finances.’ Discuss the usefulness of subsidies in the light of this fact.</div> </div>

Asked by sntshtrk530 | 04 Sep, 2017, 04:52: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Economics

<div> <div>Q.24 What is Green revolution? Why was it implemented and how did it benefit the</div> <div>farmers? Explain in brief.</div> </div>

Asked by sntshtrk530 | 04 Sep, 2017, 04:52: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Economics

<div> <div>Q.23 Enumerate the poverty alleviation programmes initiated by the government to</div> <div>combat poverty in India.</div> </div>

Asked by sntshtrk530 | 04 Sep, 2017, 04:51: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Economics

<div> <div>Q.22 Explain in brief, the various points of criticism of economic reforms. Which values</div> <div>in your opinion were tried to be realised?</div> </div>

Asked by sntshtrk530 | 04 Sep, 2017, 04:51: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Economics

<div>Q.21 Evaluate state of Indian economy on the eve of independence.</div>

Asked by sntshtrk530 | 04 Sep, 2017, 04:50: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Economics

<div>Do you think outsourcing is good for India? Why are developed countries opposing it?</div>

Asked by sntshtrk530 | 04 Sep, 2017, 04:50: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Economics

<div> <div>Q.20 Distinguish between the following.</div> <div>i) Tariff and non-tariff barriers.</div> <div>ii) Ceilings on land holdings and Consolidation of land holdings.</div> </div>

Asked by sntshtrk530 | 04 Sep, 2017, 04:49: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Economics

<div> <div>Q.19 ‘Those public sector undertakings which are making profits should be privatized.’</div> <div>Do you agree with this view? Give reasons in support of your answer.</div> </div>

Asked by sntshtrk530 | 04 Sep, 2017, 04:49: AM

ANSWERED BY EXPERT

CBSE 11-commerce - Economics

<div>Q.18 Explain ‘growth with equity’ as a planning objective.</div>

Asked by sntshtrk530 | 04 Sep, 2017, 04:48: AM

ANSWERED BY EXPERT

My Class Videos Tests Plans Ask a Doubt

Get Latest Study Material for Academic year 24-25 Click here

×