Answer all the questions described below:
Section A: Long Answer Questions (word limit 500 words)
Question 1: The ultimate remedy to the problem of ‘balance of payment’ lies in our ability to produce large exports. Describe.
Question 2: Describing the concept of ‘collective bargaining’, discuss its status as it obtained by the late 1990s in India.
Section B: Medium Answer Questions (word limit 250 words)
Question 3: Outline the role of planning in the economic development.
Question 4: Describe the two significant features of New Forest Policy, 1988.
Question 5: Productivity raise is the main source of impressive growth of agricultural output in the later years of green revolution period. Describe.
Question 6: Illustrate in short the circumstances under which the economic reforms program was introduced in India.
Section C: Short Answer Questions (word limit 100 words)
Question 7: Write a brief note on the problems related with ‘privatization’.
Question 8: What is meant by the term ‘inappropriate technology’?.