Download App

Indian Economy 1950-1990 — Economics STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEconomicsIndian Economy 1950-19903 Marks
Question
Distinguish between tariffs and quotas.
✓

Answer

'Tarifls' are a tax levied on the imported good whereas Quotas' specify the quantity of goods which can be imported. Both are different forms of protection from the imports.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "3 Marks Question" from Indian Economy 1950-1990→Indian Economy 1950-1990 — all question types→Economics STD 12 Commerce question papers→CBSE Board STD 12 Commerce question papers→CBSE Board question paper generator→

Similar questions

Why is it important to develop proper storage facilities in rural areas?
→
‘Unemployment is related to poverty’. Comment.
→
Read the passage given below and answer the following questions from 1 to 3.
India realized the significance of human capital in financial development in its early stages. The Seventh Five Year Plan says, ‘Human Resource improvement has essentially to be appointed a key part in any development technique, especially in a nation with such a grand population. The reason for this action plan being:
Higher Productivity of Physical Capital: Human capital boosts the productivity of physical capital as skillful and professional operatives can understand and function the machines or guidelines efficiently than untrained operatives. Human Capital encourages the advancement of new techniques for production and this results in the increase of economic development in the shape of an increase in GDP.
  1. In which five year plan, India realised the importance of Human capital?
  1. Sixth
  2. Seventh
  3. Eighth
  4. Ninth
  1. Human capital formation is very important especially for the nations which have ________ population.
  1. Small
  2. Very Small
  3. Large
  4. None of these
  1. Human capital leads to an increase in ______________?
  1. Quality of life
  2. Standard of living
  3. Both (a) and (b)
  4. None of these
→
Throw light on the 'Chipko' movement in the Himalayas.
→
Green revolution has led to increase in the use of chemical pesticides which in turn pollutes the environment. What measures can be taken to resolve this problem?
→
In industrial development in India, government played a leading role. Why?
OR
Why was public sector given a leading role in industrial development during the planning period? Explain any two reasons.
→
How did Green Revolution enable the government to procure sufficient foodgrains and build its buffer stocks?
→
Explain the Great Leap Forward campaign of China as initiated in 1958.
→
How do the following factors contribute to the environmental crisis in India? What problem do they pose for the government?
Water contamination.
→
What is import? Give any two features of import.
→