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Class-12, Economics, CH-2 Indian Economy 1950-1990 (Ied)
Class-12, Economics, CH-2 Indian Economy 1950-1990 (Ied)
CLASS-12 –ECONOMICS
CHAPTER--2 -INDIAN ECONOMY 1950-1990
STUDY MATERIAL AND PRACTICE WORKSHEET
Textbook- Indian Economic Development
Class 12 1 Economics
Q9. Who is known as Architect of Indian Planning?
Q10. Why did India opt for planning?
Q11. Why should plans have goals?
Q12. What are the common goals of five-year plans?
Q13. How five-year plan is different from prospective plan.
A. Growth
Q14. What do you mean by'Growth' as a planning objective?
Q15. Define GDP.
Q16. What is structural composition of an economy?
Q17. Is it necessary that the service sector should contribute maximum to GDP of an
economy? Comment.
B. Modernisation
Q18. Define modernisation?
Q19. How modernisations help to increase GDP of an economy?
C. Self-reliance
Q20. Give the meaning of self-reliance.
Q21. Which five-year plan has given importance to five-year plans?
Q22. What are the dimensions of the objective of self-reliance?
Q23. Why was it necessary for a developing country to follow self-reliance as planning
objective?
D. Equity
Q24. What do you mean by equity?
Q25. Why equity play an important role in objectives of planning?
Q26. Explain growth with equity as a planning objective.
Topic-2.3 (Agricultural)
You have learnt in Chapter 1 thatduring the colonial rule there wasneither growth nor equity in
theagricultural sector. The policy makersof independent India had to address these issues
which they did throughland reforms and promoting the useof ‘High Yielding Variety’ (HYV)
seedswhich ushered in a revolution inIndian agriculture.
Class 12 2 Economics
Q27. Which sector is contributing more in GDP and how much?
Q28. What are the major policy initiatives in agriculture sector?
A. Land Reforms
Q29. What do you mean by land reform?
B. Land ceiling
Q30. How did 200 lakh tenants come into direct contact with the govt.?
Q31. What changes in ownership bring growth in agriculture?
Q32. Why goal of equity was not fully served by abolition of intermediates?
Q33. What type of hurdles are faced by land ruling legislation?
Q34. In which states land reform were completely successful and why?
Q35. Explain the need and types of land reform implemented in agricultural sector?
Class 12 3 Economics
Q44. While the nation had immensely benefitted from the green revolution the technology
involved was not free from risk, Comment on this statement.
Q45. To avoid risk explain the steps taken by the government.
Q68.Though public sector is very essential for industries,many public sector undertaking
incurhuge losses and are a drain on the economy’s reserves.Discuss the usefulness of
PSU in the light of this fact.
Topic-2.6(Conclusion)
The progress of the Indian economy during the first seven plans was impressive indeed.
Q71. Write a short note on the progress of the Indian economy during the first seven five-
yearplans.
Q72 Construct a pie chart for the following table on sectoral contribution to GDP
and discuss the difference in the contribution of the sectors in the light of
effects of development during 1950-91.
Class 12 5 Economics