Recent questions and answers in Economics

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Under the Industrial Policy Resolution (IPR) 1956 in India, the system of industrial licensing was introduced

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During the colonial period, India’s foreign trade was characterized by a large export surplus, however

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Interpret the given picture based on the Saansad Adarsh Gram Yojana (SAGY) initiated by the Government of India.

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“Basis of classification of final goods into consumption and capital goods depend on the economic nature of its use.”

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“Saving curve can be derived from the consumption curve” Justify the statement, citing valid steps

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State the steps pertaining to the estimation of National Income under the income method.

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“Tax revenue collection of the government may be categorized under two heads.” State and explain the two heads

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Critically appraise the disinvestment policy initiated by the government during the reforms of 1991.

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‘Globalisation is an essential outcome of liberalisation of an economy’. Justify the given statement with a valid

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To measure the extent of development in an economy, liberty indicators should be considered along with other

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‘The reform process implemented in the late 1970s, commonly known as China’s open door policy, encompassed a wide

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Under the Delhi Declaration, the G-20 nations pledged to reach global net zero emissions approximately by mid-century

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‘It would be unclear to say that, the growth of human capital lays the ground for economic growth of a nation.’

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