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ASSIGNMENT DRIVE WINTER 2014
PROGRAM BBA
SEMESTER V
SUBJECT CODE & NAME BBA 503 ECONOMIC PLANNING AND POLICIES
BK ID B1851 CREDIT 4 MARKS 60
Q.No 1 Differentiate between development and growth.
Explain growth and development 10
Answer:
Economic development is the sum of new technologies, a transition phase from an agricultural-based economy to an industry-based economy and overall improvement in the standard of living. Broadly, alleviation of the problems of underdeveloped countries is called economic development while alleviation of problems related to developed countries is
Q2 Discuss the role of agriculture and industry in growth and economic development of India.
ü Role of industry
ü Role of agriculture 5+5=10
Answer:
Role of industry
The Gross Domestic Product (GDP) of an economy requires contribution from major industries and in India agriculture makes a major contribution to the GDP. Though there has been a slowdown in the Indian economy
Q3 Explain the objectives of economic planning in India.
ü Explain the objectives of economic planning in India. 10
Answer:
Each Five-Year Plan had to implement different policies and employ different strategies, in order to achieve these objectives, and show an increased GDP at the same time. With the completion of each Five-Year Plan, the
Q4 Discuss the indicators in order to explain the role of public sector in Indian Economy.
ü Explain the role of Public sector in Indian
Economy 10
Answer:
To understand the role of the public sector, we must have a comprehensive view of the entire public sector. Besides autonomous corporations, departmental enterprises should also be included in the public sector. While doing
Q5 Identify various schemes launched by the government to reduce unemployment and underemployment. Explain any 2 in detail.
List the schemes
Explain 2 schemes 5+5=10
Answer:
Various Schemes to Reduce Unemployment and Under-
Employment
Following the publication of the Bhagwati Committee report in 1973, the Government took the following
Q6 Write short notes on:
a. Land reforms
b. RBI
ü Land reforms
ü RBI role and functions 5+5=10
Answer:
a) Land Reforms
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
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