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“In the late 1990's India experienced a widening gap between the growth of GDP and employment generation”. Discuss.
Concept: Growth and Changing Structure of Employment
‘Mr. Rishi, after completing his education, has joined his family business but his marginal productivity is zero.'
Comment upon the employment status of Mr. Rishi. Give valid reasons in support of your answer.
Concept: Employment in Firms, Factories and Offices
‘Money is an asset which can be stored for use in future.
In the light of given statement, identify the function of money.
Concept: Functions of Money
______ is the apex institution which plans and evaluates policies related to rural credit needs.
Concept: Credit and Marketing in Rural Areas
Identify, which of the following are associated with the problem of human capital formation in India?
- Brain drain
- Low academic standards
- Rising population
- Changes in social outlook
Concept: Sources of Human Capital
Identify, which of the following is the correct formula for calculating ‘Worker-Population Ratio’?
Concept: Participation of People in Employment
Interpret the situation of earth as depicted in the given picture, with reference to current environmental challenges:
Concept: State of India’s Environment
State with valid reason whether the following statement is true or false:
“Higher productivity and production are the outcome of investment in human resources.”
Concept: Sources of Human Capital
State the meaning of organic farming. Discuss how does it help in promoting sustainable development.
Concept: Sustainable Development and Organic Farming
State with valid reason whether the following statement is true or false:
Rising population is not the cause for quality of human capital formation.
Concept: State of Human Capital Formation in India
Explain the concepts of Opportunity Cost and Marginal Rate of Transformation using a production possibility schedule based on the assumption that no resource is equally efficient in production of all goods.
Concept: Concept of Opportunity Cost
Explain the difference between "Shift of Supply Curve" and "Movement along Supply Curve". State one factor responsible for each. Use diagrams.
Concept: Movements Along and Shifts in Supply Curve
When the Average Product (AP) is maximum, the Marginal Product (MP) is: (Choose the correct alternative)
(a) Equal to AP
(b) Less than AP
(c) More than AP
(d) Can be any one of the above
Concept: Average and Marginal Physical Products
Explain the central problem of "choice of technique".
Concept: Basics of Production Theory
Explain the geometric method of measuring price elasticity of supply. Use Diagram.
Concept: Measurement of Elasticity of Supply > Percentage Method
Giving reason comment on the shape of Production Possibilities curve based on the following schedule :
| Good X (units) | Good Y (units) |
| 0 | 10 |
| 1 | 9 |
| 2 | 7 |
| 3 | 4 |
| 4 | 0 |
Concept: Basics of Production Theory
What will be the impact of recently launched 'Clean India Mission' (Swachh Bharat Mission) on the Production Possibilities curve of the economy and why?
Concept: Basics of Production Theory
What will likely be the impact of large-scale outflow of foreign capital on Production Possibilities curve of the economy and why?
Concept: Basics of Production Theory
State the different phases of change in the total product according to the Law of Variable Proportions. Use diagram
Concept: Law of Variable Proportions
What is likely to be the impact of "Make in India" appeal to the foreign investors by the Prime Minister of India, on the production possibilities frontier of India? Explain
Concept: Basics of Production Theory
