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![Balbharati solutions for Economics [English] 11 Standard chapter 9 - Economic Policy of India since - Shaalaa.com](/images/economics-english-11-standard_6:f3883d08a8314767a7faecc361d5fe67.JPG "Balbharati solutions for Economics [English] 11 Standard chapter 9 - Economic Policy of India since")
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Solutions for Chapter 9: Economic Policy of India since
Below listed, you can find solutions for Chapter 9 of Maharashtra State Board Balbharati for Economics [English] 11 Standard.
Balbharati solutions for Economics [English] 11 Standard 9 Economic Policy of India since Exercise Q.1 [Page 62]
Complete the following statement by choosing the correct alternative :
After Independence, India had adopted________
Socialism
Capitalism
Mixed Economy
Communism
Complete the following statement by choosing the correct alternative :
The new economic policy approved foreign technology in___________
Cottage industries
Small scale industries
Micro enterprises
High priority industries
Complete the following statement by choosing the correct alternative :
At present, the number of industries reserved for the public sector has been reduced to_________
3
5
7
2
Balbharati solutions for Economics [English] 11 Standard 9 Economic Policy of India since Exercise Q.2 [Page 62]
Assertion (A): Delicensing of industries was an important step taken under liberalization.
Reasoning (R): Unwanted controls and restrictions led to economic stagnation prior to 1991.
(A) is TRUE but (R) is FALSE
(A) is FALSE but (R) is TRUE
(A) and (R) both are TRUE and (R) is the correct explanation of (A)
(A) and (R) both are TRUE but (R) is not the correct explanation of (A)
Assertion and Reasoning type of question:
Assertion (A): In 1990-91, India faced an acute shortage of foreign exchange reserves.
Reasoning (R): Import quotas and tariffs led to an increase in imports.
(A) is TRUE but (R) is FALSE
(A) is FALSE but (R) is TRUE
(A) and (R) both are TRUE and (R) is the correct explanation of (A)
(A) and (R) both are TRUE but (R) is not the correct explanation of (A)
Assertion and Reasoning type of question:
Assertion (A): Post liberalization, the sale of domestic goods has increased.
Reasoning (R): The demand for imported goods had increased due to liberal policy.
(A) is TRUE but (R) is FALSE
(A) is FALSE but (R) is TRUE
(A) and (R) both are TRUE and (R) is the correct explanation of (A)
(A) and (R) both are TRUE but (R) is not the correct explanation of (A)
Assertion and Reasoning type of question:
Assertion (A): Due to Globalisation, a country cannot achieve self- sufficiency in food production.
Reasoning (R): Globalisation has created a revolution in IT sector.
(A) is TRUE but (R) is FALSE
(A) is FALSE but (R) is TRUE
(A) and (R) both are TRUE and (R) is the correct explanation of (A)
(A) and (R) both are TRUE but (R) is not the correct explanation of (A)
Balbharati solutions for Economics [English] 11 Standard 9 Economic Policy of India since Exercise Q.3 [Page 63]
Find the odd word out:
New Economic Policy -
Liberalization
Privatization
Demonetization
Globalisation
Find the odd word out:
Industries requiring compulsory licensing -
defence equipment
agro-based industries
cigarettes
industrial explosives
Find the odd word out:
Navratna status companies -
SPCL
IOC
ONGC
HPCL
Find the odd word out:
Liberalization dealt with the following -
MRTP
FERA
SEBI
NTPC
Balbharati solutions for Economics [English] 11 Standard 9 Economic Policy of India since Exercise Q.4 [Page 63]
Identify and explain the concept from the given illustration:
Vehicles manufactured by various automobile companies are now available in India.
Identify and explain the concept from the given illustration:
Government equity in some public sector enterprises is sold to the private sector.
Identify and explain the concept from the given illustration:
Foreign investments are encouraged on a large scale in the industrial sector of India.
Balbharati solutions for Economics [English] 11 Standard 9 Economic Policy of India since Exercise Q.5 [Page 63]
Do you agree or disagree with the following statement? Give reasons:
Liberalisation has permitted the use of foreign technology.
Agree
Disagree
Do you agree or disagree with the following statement? Give reasons:
Government has given private enterprises free access to public sector.
Agree
Disagree
Do you agree or disagree with the following statement? Give reasons:
Government has monopoly in insurance sector.
Agree
Disagree
Do you agree or disagree with the following statement? Give reasons:
The creation of the National Renewal Board was done to remove poverty.
Agree
Disagree
Do you agree or disagree with the following statement? Give reasons:
Indian Oil Corporation is one of the public sector units among 'Navratnas'.
Agree
Disagree
Balbharati solutions for Economics [English] 11 Standard 9 Economic Policy of India since Exercise Q.6 [Page 63]
Answer in detail:
Answer in detail:
Explain the features of economic policy of 1991.
Explain the measures undertaken for globalisation.
Balbharati solutions for Economics [English] 11 Standard 9 Economic Policy of India since Exercise Q.7 [Page 63]
Read the following passage and answer the questions given below:
|
The Indian ice cream industry is one of the fastest-growing segments of the dairy and food processing sector. India has a low per capita consumption of ice cream of 400 ml whereas in the USA it is 22,000 ml and in China, it is 3000 ml. The per capita consumption of ice cream is low in India because it is a country filled with traditional sweets of more than 100 varieties. In developed countries, people have either pastries or ice-creams for dessert. In the era of Globalisation, the mindset of the people is fast changing. This is because multi-national companies have set up a number of ice-cream parlours, with a lot more varieties and flavours that attract the younger lot. Besides this, there are better delivery systems. The ice cream sector has great potential for growth in the country due to improvements in the cold chain infrastructure, increasing disposable income, and changing the lifestyle of the people. However, it is taxed higher with 18 percent GST while other dairy products in the same basket such as butter and cheese are taxed at 12 per cent. The ice cream industry has generated revenue of more than $1.5 billion in 2016-17. With the employment of 15 lakh people directly or indirectly, it is also considered one of the largest employers of the dairy and food processing industry. |
- Identify the reason for the low per capita consumption of ice cream in India.
- Explain the impact of Globalisation on the Indian ice cream industry.
- Find out the factors that could lead to the growth of the ice cream industry in India.
- Express your views about the implications of higher GST on the ice cream industry in India.
Solutions for 9: Economic Policy of India since
Balbharati solutions for Economics [English] 11 Standard chapter 9 - Economic Policy of India since
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Concepts covered in Economics [English] 11 Standard chapter 9 Economic Policy of India since are Economic Policy of India since 1991, Components of New Economic Policy (NEP), Evaluation of the Economic Policy of 1991.
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