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Indian Economy Direct Questions (Full)
Indian Economy Direct Questions (Full)
CHAPTER 3 LPG
1. Discuss various reasons which arose the need for making major economic reforms in the
country? (4)
2. Define liberalisation. (1)
3. Discuss various industrial sector reforms(4)
4. discuss financial sector reforms(4)
5. define tax reforms and discuss major tax reforms (4)
6. explain major foreign exchange reforms (4)
7. explain the important trade and investment policy reforms (4)
8. define privatisation and explain the concept how privatisation can be done in two
ways?(4)
9. Define globalisation. discuss the changes made by globalisation and Indian economy.(4)
10. Discuss positive and negative impact of globalisation on Indian economy(6)
11. Define outsourcing how India has become a favourable destination for outsourcing
explain(4)
12. Define WTO discuss its major functions(4)
13. Discuss positive and negative aspects of economic reforms(6)
14. Define demonetisation discuss its features and impact (6)
15. Define GST discuss its types and input tax credit under GST. What are the advantages
of GST. Write a short note on GST Council.(6)
Chapter -7 Employment
1. Define worker, labour force, work force, worker -population ratio, regular workers, casual
workers, jobless growth, casualisation of workforce (1mark each define)
2. Define employment and discuss its types.(3)
3. Differentiate between formal sector and informal sector workers.(5)
4. Define unemployment and discuss its types.(3)
5. Write three sources of unemployment in India (3)
6. Discuss causes of unemployment (6)
7. Discuss the remedial measures for unemployment.(6)
8. Discuss the efforts taken by government to create employment.(3)