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Chapters
1: Indian Economy on the Eve of Independence
▶ 2: Indian Economy 1950-1990
Unit 2 : Economic Reforms since 1991
3: Liberalisation, Privatisation and Globalisation: An Appraisal
Unit 3 : Current Challenges Facing the Indian Economy
4: Poverty
5: Human Capital Formation in India
6: Rural Development
7: Employment: Growth, Informalisation and Other Issues
8: Infrastructure
9: Environment and Sustainable Development
Unit 4 : Development Experiences of India : a Comparison with Neighbours
10: Comparative Development Experiences of India and Its Neighbours
![NCERT solutions for Economics - Indian Economic Development [English] Class 12 chapter 2 - Indian Economy 1950-1990 - Shaalaa.com](/images/economics-indian-economic-development-english-class-12_6:63318e04445444fca80e35d90d217f2b.jpg "NCERT solutions for Economics - Indian Economic Development [English] Class 12 chapter 2 - Indian Economy 1950-1990")
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Solutions for Chapter 2: Indian Economy 1950-1990
Below listed, you can find solutions for Chapter 2 of CBSE NCERT for Economics - Indian Economic Development [English] Class 12.
NCERT solutions for Economics - Indian Economic Development [English] Class 12 2 Indian Economy 1950-1990 Exercise [Pages 34 - 35]
Define a plan.
Why did India opt for planning?
Why should plans have goals?
What are high Yielding Variety (HYV) seeds ?
What is marketable surplus?
Explain the need for land reforms implemented in the agriculture sector.
Explain the types of land reforms implemented in the agriculture sector.
What is Green Revolution? Why was it implemented and how did it benefit the farmers? Explain in brief.
Explain ‘growth with equity’ as a planning objective.
Does modernisation as a planning objective create contradiction in the light of employment generation? Explain.
Does modernisation as a planning objective create contradiction in the light of employment generation? Explain.
Why was it necessary for a developing country like India to follow self-reliance as a planning objective?
What is sectoral composition of an economy? Is it necessary that the service sector should contribute maximum to GDP of an economy? Comment.
Why was public sector given a leading role in industrial development during the planning period?
Explain the statement that green revolution enabled the government to procure sufficient food grains to build its stocks thatcould be used during times of shortage.
While subsidies encourage farmers to use new technology, they are a huge burden on government finances. Discuss the usefulness of subsidies in the light of this fact.
Why, despite the implementation of green revolution, 65 per cent of our population continued to be engaged in the agriculture sector till 1990?
Though public sector is very essential for industries, many public sector undertakings incur huge losses and are a drain on the economy’s resources. Discuss the usefulness of public sector undertakings in the light of this fact.
Explain how import substitution can protect domestic industry.
Why and how was private sector regulated under the IPR 1956?
Match the following:
| 1. | Prime Minister | A. | Seeds that give large proportion of output |
| 2. | Gross Domestic Product | B. | Quantity of goods that can be imported |
| 3. | Quota | C. | Chairperson of the planning commission |
| 4. | Land Reforms | D. | The money value of all the final goods and services produced within the economy in one year |
| 5. | HYV Seeds | E. | Improvements in the field of agriculture to increase its productivity |
| 6. | Subsidy | F. | The monetary assistance given by government for production activities. |
Solutions for 2: Indian Economy 1950-1990
NCERT solutions for Economics - Indian Economic Development [English] Class 12 chapter 2 - Indian Economy 1950-1990
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Concepts covered in Economics - Indian Economic Development [English] Class 12 chapter 2 Indian Economy 1950-1990 are Introduction to Indian Economy 1950-1990, Goals of Five Year Plans, Agriculture, Industry and Trade, Trade Policy: Import Substitution, Introduction to Indian Economy 1950-1990, Goals of Five Year Plans, Agriculture, Industry and Trade, Trade Policy: Import Substitution, Indian Economy (1950 - 1990) - Conclusion.
Using NCERT Economics - Indian Economic Development [English] Class 12 solutions Indian Economy 1950-1990 exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in NCERT Solutions are essential questions that can be asked in the final exam. Maximum CBSE Economics - Indian Economic Development [English] Class 12 students prefer NCERT Textbook Solutions to score more in exams.
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