ECONOMICS & INDIAN ECONOMIC ENVIRONMENT
Q1.
a) Explain the problem of Unemployment in India? How to overcome it?
b) Define and explain the Law of Demand?
Q2. Define economic development? What are the various indicators of development? How development differs from the process of growth?
Q3.
a) Explain the following types of markets : Monopoly, Price Equilibrium
b) Comment on "Increasing Population of India: Strength or weakness for the nation".
Q4. Define Value, Price, Cost, Wealth, Wants, Needs: Scarcity and give examples of each?
Q5. Explain the significance of agriculture sector for the economic development of India? Suggest the stategies through which further growth of agriculture sector may be achieved?
Q6. Explain the role played by Public and Private sector in Indian Industrial development? How Government does promote small and medium scale industries in India?
Q7. Write short notes on:
a) Significance of Infrastructure for the economic development of nation
b) Law of Supply