Please select a subject first
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Read the following statements carefully:
Statement 1: Export of financial services by India will be recorded on credit side of current account.
Statement 2: Foreign Direct Investments in India will be recorded on credit side of capital account.
In the light of the given statements, choose the correct alternative:
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‘Land ceiling promotes equity.’ Support the given statement with valid explanation.
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Discuss briefly, how institutional reforms (land reforms) have played a significant role in transforming Indian agriculture.
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Define agricultural marketing.
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Read the following text carefully and answer the given questions on the basis of the same and common understanding:
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The Green Revolution in India began in the mid-1960s marking a transition from traditional agriculture in India to high-yielding varieties of seeds and the associated modern agricultural techniques. The need for introduction of Green Revolution in India arose due to a shortage of food-grains in the post-independent period. he government in the post-independent India wanted to ensure self-dependence in terms of food-grain production. Such efforts coincided with the development of high-yielding varieties of seeds of wheat developed by Dr. Norman Borlung and his associates in Mexico. These seeds also necessitated changes in farming techniques such as the addition of fertilizers, pesticides and better irrigation facilities. High yielding varieties of seeds were first introduced in India in the states of Punjab, Haryana and parts of western Uttar Pradesh. In the early period of the green revolution in India, the focus was to acclimatise the new system with the more resource-intensive agricultural methods. The argument for introducing the new crop varieties was to increase agricultural production in terms of higher crop yields. The seeds introduced during the early period of the green revolution in Punjab were not highyielding by themselves. These high yields were possible due to the seeds being highly responsive to certain inputs such as irrigation water and fertilizers. The green revolution in India, thus, necessitated a resource-intensive process whereby, those who could make significant capital investments could benefit, whereas, those others became more marginalized in regions affected by practices of the green revolution in India. On one hand, the results derived from the green revolution helped farmers to increase their yield and income and on the other hand, it helped the government to procure and preserve more food grains through agencies like Food Corporation of India. These food grain reserves were helpful in creation of buffer stocks in India, which helped in the situations of adversities. |
- Why was Green revolution implemented and how did it benefit the farmers?
- Justify the following statement with valid explanation:
‘Green revolution enabled the government to procure sufficient food grains to build its stocks that could be used during time of shortage’.
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On the basis of following schedule, answer the given questions:
| Income (in ₹ crores) |
Savings (in ₹ crores) |
| 0 | -20 |
| 50 | -10 |
| 100 | 0 |
| 150 | 30 |
| 200 | 60 |
- Calculate Marginal Propensity to Save (MPS) at ₹ 150 crores level of income.
- What is the value of Autonomous Consumption?
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"In an economy, the autonomous consumption is ₹ 100 and Marginal Propensity to Consume (MPC) is 0.6. If the equilibrium level of Income is 2,000, then the autonomous investment is ₹ 300." Justify the statement with valid calculation.
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At the break-even point level of incomes for the economy is ₹ 10,000 crores and if the people tends to save 20 per cent of their additional income, then calcualte the value of autonomous consumption.
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Read the following statements carefully:
Statement 1: The induced consumption shows, the direct relation between consumption and income.
Statement 2: With a certain increase in income, induced consumption also increases.
In the light of the given statements, choose the correct alternative from the following:
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______ is a process, which includes all the activities from sowing till sale of the final produce in the market.
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Which of the following was NOT the benefit accruing from 'Golden Revolution'?
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"Recently the Government of India has taken numerous steps towards increasing the farmer's income through agricultural diversification."
In light of the above statement, explain any two advantages of diversification in agriculture.
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Discuss any two merits and demerits of the Green Revolution in the agricultural sector in the Indian economy.
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Read the following statements carefully:
Statement 1: Consumption function assumes that, consumption changes at a constant rate as income changes.
Statement 2: Autonomous consumption is the ratio of total consumption (C) to total income (Y).
In light of the given statements, choose the correct alternative from the following:
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“The value of all goods and services can be expressed in monetary units.”
On the basis of the given statement, identify the function performed by money:
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The shackles of agriculture during the colonial rule were permanently broken by the Green Revolution that resulted from the application of ______.
- High Yielding Varieties (HYV)
- Mechanization of Agriculture
- Chemical Fertilizers and Pesticides
- Organic Fertilizers and Pesticides
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Read the following statements carefully:
Statement 1: The nature of unemployment problem in India is uni-faceted.
Statement 2: Worker-Population ratio is an indicator used for analysing the employment situation in a country.
In light of the given statements, choose the correct alternative from the following:
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“During the colonial period, a number of socio-economic indicators were in a dilapidated state.”
List any three such indicators that led to the worsening of India’s demographic profile.
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“In the late 1970s, China introduced the One-child policy that led to arrest in the population coupled with skewed sex ratio.”
Justify the given statement with valid arguments in support of your answer.
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State and elaborate whether the following statement is true or false, with valid arguments:
Agricultural marketing is a process that ensures the transportation of various agricultural commodities only.
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