Get fully solved assignment, plz drop a mail with your sub code
computeroperator4@gmail.com
Charges for mba rs 125/subject and rs 700/semester only.
For other rs 125/subject only
if urgent then call us
on 08791490301, 08273413412
our website is www.smuassignment.in
BBA
503 – INTERNAL ASSIGNMENT
Question 1- List any 6 theories of
economic development. Explain in brief any two of them.
Sol:
Different theories of economic development exist. Some of them are
Listed Below:
1.
The ‘Wealth of Nations’
Theory
2.
Theory of Comparative
Advantage
3.
The Theory of Population
4.
The Labour Theory of Value
5.
The Innovation Theory
6.
The Linear Theory of
Development
7.
The Big-Push Theory
8.
The Critical Minimum Effort
Theory.
From the theories listed above
some of them can be described as:
1.
The ‘Wealth of Nations’
Theory:
Adam Smith has been
recognized as the leading expounder of economic thought. Adam Smith’s opinions
can be prominently seen in the works published by David Ricardo and Karl Marx
in the 19th century and by John Maynard Keynes and Milton Friedman
in the 20th century.
Question 2- Discuss the role
of agriculture and industry in growth and economic development of India.
Sol: Different sectors such as industry,
agriculture and others play a major role in development.
(a) Role of agriculture
During the five-year plans, the
contribution of agriculture to the national income in different years has been
ranging between 61 percent and 14.8 percent. Agriculture provides employment to
51 per cent of the workforce in India, and therefore, it is considered the
backbone of the Indian economy. Agricultural products constitute 9 per cent of
our exports and manufactures from agricultural items like cloth, sugar and jute
Question 3- Explain the objectives of economic planning
in India.
Sol: The
objectives of economic planning in India are:
1.
Economic
Planning and Removal of Poverty
2.
Economic
Planning and Social Justice.
The Objectives can be briefly
explained as:
From the
First Five-Year-Plan itself, it was very clear which objectives regarding
economic planning needed to be achieved—maximum production and full
Question 4- Discuss
the indicators in order to explain the role of public sector in Indian Economy.
Sol: It would not be appropriate to use any
single measure to estimate the role of the public sector in the Indian economy,
rather it would be desirable to use a few indicators:
1.
Share of public sector in employment: There are
two important categories of public sector employment: (a) Government administration
and defence and other government services like health, education, research and
various activities to promote economic development; and (b) public sector
proper, i.e., economic enterprises owned by the Centre, State and Local
Governments.
Question 5- Discuss any five
components of price policy for growth.
Sol: The price policy designed to achieve
the above objectives may have the following components:
1.
Price Control and Regulation
The government has accepted the policy of liberalization in all economic
activities and accordingly it has relaxed in most cases and removed control on
prices and distribution of goods. At the same time, the government is also
aware that free competition and free market prices are not fully or universally
applicable in India because (a) there are still serious demand–supply gaps in
some
Question 6- Write a
short notes on: a. Land reforms
Sol: Efficiency in agriculture can be
primarily derived from two major factors — technological and institutional. The
implementation of the technological factor includes the use of agricultural
inputs and methods such as improved seeds, fertilizers, improved ploughs,
tractors, harvesters and irrigation among others which help to improve
productivity, even though no land reforms are introduced. The institutional
factors
Get fully solved assignment, plz drop a mail with your sub code
computeroperator4@gmail.com
Charges for mba rs 125/subject and rs 700/semester only.
For other rs 125/subject only
if urgent then call us
on 08791490301, 08273413412
our website is www.smuassignment.in
No comments:
Post a Comment