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Giving reason comment on the shape of Production Possibilities curve based on the following schedule:
| Good X (units) | Good Y (units) |
| 0 | 16 |
| 1 | 12 |
| 2 | 8 |
| 3 | 4 |
| 4 | 0 |
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What will be the impact of "Education for All campaign" (Sarv Shiksha Abhiyan) on the Production Possibilities Curve of the Indian economy and why?
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What will likely be the impact of the large-scale inflow of foreign capital in India on Production Possibilities Curve and why?
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Why is Production Possibilities Curve concave? Explain
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Why is a production possibilities curve downward sloping? Explain
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Explain the central problem of "What is produced and in what quantities.".
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In what circumstances may the production possibility frontier shift away from the origin? Explain.
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What are the important features of a capitalist economy?
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Describe the four major sectors in an economy according to the macroeconomic point of view.
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Describe the Great Depression of 1929.
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Bring out the differences between human capital and human development.
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How is human development a broader term as compared to human capital?
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Compare and contrast India and China’s sectoral contribution towards GDP in 2003. What does it indicate?
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State on which side of capital account/current account will the following transactions be recorded and why:
(i) Interest on loan received from Nepal
(ii) Import of mobile phones from China
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What was the growth rate of per capita income in India on the eve of Independence?
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Where was the first iron and steel company established?
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The motive of British government behind de-industrialisation was:
- To get raw material from India at cheap rate
- To sell British manufactured goods in Indian market at high prices
- To focus on development of agriculture
- To get finished products from India at cheap rate
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The decline of handicraft industries led to:
- Large scale unemployment
- Encouraged the import of manufactured goods from Britain
- Development of capital goods industries in India
- Encouraged the export of manufactured goods to Britain
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Human capital treats humans as ends in themselves.
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Which of the following is not a merit of human capital formation?
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