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Comment on the Growth Rate Trends Witnessed in China and India in the Last Two Decades. - Economics

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प्रश्न

Comment on the growth rate trends witnessed in China and India in the last two decades.

थोडक्यात उत्तर
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उत्तर

India, with democratic institutions, performed moderately, but the majority of its people still depend on agriculture. Infrastructure is lacking in many parts of the country. It is yet to raise the Standard of living of more than one-fourth of its population that lives below the poverty line. 

On the other hand, the lack of political freedom and its implications in China are the major concern in the last two decades. The country used the market system without losing political commitment and succeeded in raising the level of growth along with poverty alleviation. China used the market mechanism to create additional social and economic opportunities. The country has also ensured social security in the rural areas by retaining collective farming known as Commune System. Public intervention in social infrastructure prior to the introduction of the economic reforms has brought positive results in the human development indicators of China. 

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पाठ 10: Comparative Development Experiences of India and Its Neighbours - Exercise [पृष्ठ १९६]

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एनसीईआरटी Economics - Indian Economic Development [English] Class 12
पाठ 10 Comparative Development Experiences of India and Its Neighbours
Exercise | Q 16 | पृष्ठ १९६

संबंधित प्रश्‍न

China’s rapid industrial growth can be traced back to its reforms in 1978. Do you agree? Elucidate.


Fill in the blank

First Five Year Plan of ________________ commenced in the year 1956. 


Which of the following countries ranks first in the development experience?


In which of the following indicators is Pakistan ahead of India and China?


How many people died in the devastating earthquake that took place in Pakistan in 2005?


When did China announce its first five-year plan? 


Which of the following are the features of China's economy.


Which of the fol1owing are the important implication of the' one child norm' in China?


Which of the following are the lessons that India can learn from China? 


Which of the following points explains the Great Leap Forward campaign of China as initiated in 1958?


The Maternal mortality rate is high in ______  


What are the reasons for the slow growth and reemergence of poverty in Pakistan?


What is the important implication of the 'one child norm' in China?


Identify the correctly matched pair in Column A and Column B from the following:

Column A Column B
(1) India (a) Economic reforms in 1997
(2) Pakistan (b) Economic reforms in 1991
(3) China (c) Economic Reforms in 1978
(4) India (d)  GST rolled out in 1999

Statement 1: Amongst India, China and Pakistan, China is the largest nation and has the higest population density.

Statement 2: One-child policy introduced in the late 1970s in china led to a considerable decline in the population growth rate.

In the light of the given statements, choose the correct alternative from the following:


Under ______ in China, farmers and industrial units were required to buy and sell fixed quantities of inputs and outputs on the basis of prices fixed by the government and the rest were purchased and sold at market prices.


From the set of the events given in column I and corresponding facts given in Column II, choose the correct pair of statements:

  Column I   Column II
A. Adoption of mixed economic system I. The common development policy of India and China
B. Introduction of economic reforms in China II. Imposed by World Bank
C. Great Leap Forward Campaign III. Focussed on massive industrialization
D. First Five Year Plan of Pakistan IV. Announced in 1953

Statement 1: Great Proletarian Cultural Revolution was introduced in China in 1950's.

Statement 2: China's growth is mainly contributed by the manufacturing sector.

In the light of given statements, choose the correct alternative from the following:


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