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

Why is it not easy to maintain an employment growth rate of 2% for a country like India?

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

2. Human capital formation is very important especially for the nations which have ________ population.

1. Small
2. Very Small
3. Large
4. None of these

3. Human capital leads to an increase in ______________?

1. Quality of life
2. Standard of living
3. Both (a) and (b)
4. None of these

Which are the important mineral reserves in India?

How did Green Revolution enable the government to procure sufficient foodgrains and build its buffer stocks?

India is benefiting from liberalisation and integration of world markets. Comment on this statement in the light of outsourcing services.

Which are the sources of data available on employment in India?

Differentiate between Self Reliance and Self Sufficiency.

Why do medical tourists come to India?

Globalisation of the economy has helped the farmers in marketing their produce and has helped in raising their standard of living. Do you agree?

How do the following factors contribute to the environmental crisis in India? What problem do they pose for the government?
Air pollution.