NCERT solutions for Class 12 Economics - Indian Economic Development chapter 2 - Indian Economy 1950-1990 [Latest edition]

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NCERT solutions for Class 12 Economics - Indian Economic Development chapter 2 - Indian Economy 1950-1990 - Shaalaa.com
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Solutions for Chapter 2: Indian Economy 1950-1990

Below listed, you can find solutions for Chapter 2 of CBSE NCERT for Class 12 Economics - Indian Economic Development.


Exercise
Exercise [Pages 34 - 35]

NCERT solutions for Class 12 Economics - Indian Economic Development Chapter 2 Indian Economy 1950-1990 Exercise [Pages 34 - 35]

Exercise | Q 1 | Page 34

Define a plan.

Exercise | Q 2 | Page 34

Why did India opt for planning?

Exercise | Q 3 | Page 34

Why should plans have goals?

Exercise | Q 4 | Page 34

What are high Yielding Variety (HYV) seeds ?

Exercise | Q 5 | Page 34

What is marketable surplus?

Exercise | Q 6 | Page 34

Explain the need and type of land reforms implemented in the agriculture sector.

Exercise | Q 7 | Page 34

What is Green Revolution? Why was it implemented and how did it benefit the farmers? Explain in brief.

Exercise | Q 8 | Page 34

Explain ‘growth with equity’ as a planning objective.

Exercise | Q 9 | Page 34

Does modernisation as a planning objective create contradiction in the light of employment generation? Explain.

Exercise | Q 9 | Page 34

Does modernisation as a planning objective create contradiction in the light of employment generation? Explain.

Exercise | Q 10 | Page 34

Why was it necessary for a developing country like India to follow self-reliance as a planning objective?

Exercise | Q 11 | Page 34

What is sectoral composition of an economy? Is it necessary that the service sector should contribute maximum to GDP of an economy? Comment.

Exercise | Q 12 | Page 34

Why was public sector given a leading role in industrial development during the planning period?

Exercise | Q 13 | Page 34

Explain the statement that green revolution enabled the government to procure sufficient food grains to build its stocks thatcould be used during times of shortage.

Exercise | Q 14 | Page 34

While subsidies encourage farmers to use new technology, they are a huge burden on government finances. Discuss the usefulness of subsidies in the light of this fact.

Exercise | Q 15 | Page 34

Why, despite the implementation of green revolution, 65 per cent of our population continued to be engaged in the agriculture sector till 1990?

Exercise | Q 16 | Page 34

Though public sector is very essential for industries, many public sector undertakings incur huge losses and are a drain on the economy’s resources. Discuss the usefulness of public sector undertakings in the light of this fact.

Exercise | Q 17 | Page 35

Explain how import substitution can protect domestic industry.

Exercise | Q 18 | Page 35

Why and how was private sector regulated under the IPR 1956?

Exercise | Q 19 | Page 35

Match the following:

1. Prime Minister A. Seeds that give large proportion of output
2. Gross Domestic Product B. Quantity of goods that can be imported
3. Quota C. Chairperson of the planning commission
4. Land Reforms D. The money value of all the final goods and services produced within the economy in one year
5. HYV Seeds E. Improvements in the field of agriculture to increase its productivity
6. Subsidy F. The monetary assistance given by government for production activities.

Solutions for Chapter 2: Indian Economy 1950-1990

Exercise
NCERT solutions for Class 12 Economics - Indian Economic Development chapter 2 - Indian Economy 1950-1990 - Shaalaa.com

NCERT solutions for Class 12 Economics - Indian Economic Development chapter 2 - Indian Economy 1950-1990

Shaalaa.com has the CBSE Mathematics Class 12 Economics - Indian Economic Development CBSE solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. NCERT solutions for Mathematics Class 12 Economics - Indian Economic Development CBSE 2 (Indian Economy 1950-1990) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.

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Concepts covered in Class 12 Economics - Indian Economic Development chapter 2 Indian Economy 1950-1990 are Introduction to Indian Economy 1950-1990, Goals of Five Year Plans, Agriculture, Industry and Trade, Trade Policy: Import Substitution, Introduction to Indian Economy 1950-1990, Goals of Five Year Plans, Agriculture, Industry and Trade, Trade Policy: Import Substitution, Indian Economy (1950 - 1990) - Conclusion.

Using NCERT Class 12 Economics - Indian Economic Development solutions Indian Economy 1950-1990 exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in NCERT Solutions are essential questions that can be asked in the final exam. Maximum CBSE Class 12 Economics - Indian Economic Development students prefer NCERT Textbook Solutions to score more in exams.

Get the free view of Chapter 2, Indian Economy 1950-1990 Class 12 Economics - Indian Economic Development additional questions for Mathematics Class 12 Economics - Indian Economic Development CBSE, and you can use Shaalaa.com to keep it handy for your exam preparation.

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