Advertisements
Advertisements
Study the following information and compare the Economies of India and Singapore on the grounds of ‘Investment in infrastructure as a percentage of GDP’
| Some Infrastructure in India and other Countries, 2018 | |||||
| Country | Investment* in Infrastructure as a % GDP | Percentage of people using safely managed | Mobile Subscribers/100 People | Consumption of energy (mL tonnes of oil equivalent) | |
| Drinking Water Sources | Sanitation Services | ||||
| China | 44 | 96 | 72 | 115 | 3274 |
| Hong Kong | 22 | 100 | 92 | 259 | 31 |
| India | 30 | 94 | 40 | 87 | 809 |
| South Korea | 31 | 98 | 100 | 130 | 301 |
| Pakistan | 16 | 35 | 64 | 73 | 85 |
| Singapore | 28 | 100 | 100 | 146 | 88 |
| Indonesia | 34 | 87 | 61 | 120 | 186 |
Sources: World Development Indicators 2019, World Bank website: www.worldbank.org.; BP Statistical Review of World Energy 2019. 69th Edition.
Note: (*) refers to Gross Capital Formation.
Concept: undefined >> undefined
State the meanings of the following:
Operating Surplus
Concept: undefined >> undefined
Advertisements
“In order to protect domestic industries, India followed the regime of restrictions on imports.”
Briefly outline and discuss such steps taken by the government to promote import substitution policy.
Concept: undefined >> undefined
Give two examples of fixed costs.
Concept: undefined >> undefined
Define fixed cost. Give an example.
Concept: undefined >> undefined
What is the behaviour of (a) Average Fixed Cost and (b) Average Variable Cost as more and more units of a good are produced?
Concept: undefined >> undefined
Define price floor. Explain the implications of price floor.
Concept: undefined >> undefined
Can there be some fixed cost in the long run? If not, why?
Concept: undefined >> undefined
Who is a worker?
Concept: undefined >> undefined
Define worker-population ratio.
Concept: undefined >> undefined
Are the following workers — a beggar, a thief, a smuggler, a gambler? Why?
Concept: undefined >> undefined
Raj is going to school. When he is not in school, you will find him working in his farm. Can you consider him as a worker? Why?
Concept: undefined >> undefined
Meena is a housewife. Besides taking care of household chores, she works in the cloth shop which is owned and operated by her husband. Can she be considered as a worker? Why?
Concept: undefined >> undefined
Answer the following question.
In the given diagram, OP is the market-determined price, and OP1 is the price fixed by the government.
Concept: undefined >> undefined
Answer the following question.
Define Price Floor. State the likely consequence of this type of intervention by the government.
Concept: undefined >> undefined
The sum of the value of all final goods and services produced within the domestic territory of a country in a year is:
Concept: undefined >> undefined
Those activities which contribute to GNP are called:
Concept: undefined >> undefined
Workers enjoy job security in:
Concept: undefined >> undefined
Out of these which of the following is a worker?
Concept: undefined >> undefined
