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ASSIGNMENT DRIVE Summer
2015
PROGRAM BBA
SEMESTER V
SUBJECT CODE & NAME BBA
503 ECONOMIC PLANNING AND POLICIES
BK ID B1851 CREDIT 4 MARKS
60
Question 1- List any 5 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
Q2. Describe the role of land resources as natural
resource in India.
Role of Land resources
Answer:
The total geographical area of India is about 329 million hectares. However, it
is to be noted that statistical information regarding land classification is
available for only about 306 million hectares; this information is based to a
certain extent on land records and somewhat on estimates.
(i)
Barren land: 42 million hectares or 14 per cent of the total reporting
area in India is classified as:
(a) Barren
land, such
Q3. Write a note on social infrastructure including
education and health in India.
Social infrastructure
Answer:
The
ultimate objective of planned development is to ensure well-being through sustained
development in the quality of life of the people, particularly the poor and the
vulnerable segments of the population. In terms of policy measures, it requires
emphasis on social sector development and programmes. The development of human
resources contributes to sustained growth and productive employment. A healthy,
educated and skilled workforce can contribute more significantly and
effectively to economic development.
From
this it
Q4. State the prospects and growth targets of
twelfth five year plan.
Prospects
Growth targets
Answer:
Prospects
for the Twelfth Plan
Approach
Paper claims that having achieved 8.2 per cent growth during the Eleventh Plan,
it is reasonable to aim at 9.0 per cent growth for the Twelfth Plan. It may be
important to mention here that this growth estimate has been reduced to 7.9 per
cent later. Though Planning Commission thinks this to be a feasible target from
a macro-economic perspective but it cannot be viewed as an assured outcome.
Global economic conditions are very uncertain and energy prices are likely to
remain high. To achieve rapid growth, the economy will have to overcome
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 measures to provide employment and alleviate under-
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 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 comprise of reforms introduced to redistribute
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