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

What are the major factors responsible for the high growth of service sector?

Define any two of the following:

1. Absorptive Capacity of Environment.
2. Carrying Capacity of Environment.
3. Poverty Line (in terms of Calorific values).

How did the British rule led to poverty of the Indian masses?

Read the passage given below and answer the following questions from 1 to 4.
Human capital, intangible collective resources possessed by individuals and groups within a given population. these resources include all the knowledge, talents, skills, abilities, experience, intelligence, training, judgment, and wisdom possessed individually and collectively, the cumulative total of which represents a form of wealth available to nations and organizations to accomplish their goals. The concept of human capital stems from the economic model of human resource capitalism, which emphasizes the relationship between improved productivity or performance and the need for continuous and long-term investments in the development of human resources. Investments in human capital are viewed as affecting national and global economic performance or, more narrowly, where investments in people are viewed as crucial to organization performance. For an organization, this model suggests that high productivity and performance depend on developing learning systems that reflect the commitment of an organization to its human resources. As a result, ongoing investments in training, skill development, and job enrichment engender a reciprocal commitment among members to organizational goals and objectives.

1. The stock of skill and expertise of a nation at a point of time is called _Capital.

1. Real
2. Physical
3. Human
4. None of these

2. Which of the following is not a source of Human Capital Formation?

1. Education
2. Saving
3. Health
4. Information

3. _is based on the idea that education and health are integral to human well-being.

1. Economic Development
2. Human Development
3. Social Growth
4. None of these

3. __________ is/ are the reason for rural-urban migration in India.

1. Unemployment
2. Health facilities
3. Money
4. All of these

Explain the policy of 'land to the tiller' and its benefits.

Briefly discuss the main features of International trade during the British rule.

What was the effect of the systematic de industrialisation policy followed by the British?

Throw light on the 'formal sector' employment in the country.

Discuss the main drawbacks of our health care system.

What is Green Revolution? Critically discuss its success.