Indian Economy

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Paper XVIII

INDIAN ECONOMY- PERFORMANCE AND POLICIES
Section 1: Basic Issues in Economic Development
Developed and Underdeveloped Economies
1. W hat are the features of an Underdeveloped Economy? How far is India still characterized by them? [8,7] (2009)
2. Discuss the salient features of India as underdeveloped but developing economy. (2006)

Economic Growth and Development, Human Development
1. Economic Growth is the means to achieve the end which is the improvement in the quality of life of Human Beings." Comment. What other factor/ conditions are required besides economic growth for achieving an improved quality of life? [7,8] (2010)
2. Explain the concept of Human Development as distinguished from Economic Development.
W hat is the Human Development Index (HDI)? Comment on India's HDI. [15] (2009)
3. Distinguish between economic growth and economic development. „Non economic factors are as much important in economic development as economic factors'. Comment.(2008) [6,9]
4. "Growth is necessary but not sufficient condition for development." Explain what are the factors affecing economic developments of a country? (2007)

Sustainable Development
1.

W hat is meant by sustainable development? What measures should a country like India take to protect its environment? (2008) [4,5]

Section 2: Indian Economy at Independence
1. “Indian economy on the eve of independence showed all signs of an underdeveloped economy." Explain with the help of basic statistics such as GNP per capita, poverty, life expectancy, literacy etc. [15] (2010)

Section 3: Policy regimes
Development Strategy, Five year Plans
1.

W hat is meant by Economic Reforms in India? Outline the various reform measures undertaken in India since the 1990s. [15] (2009)

2.

Explain and evaluate reform measures which India has taken for structural adjustment since
1991. (2007)
Growth, equity and sustainability are the main objectives of Tenth Five Year Plan. Discuss.

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