Economics notes on Savings and Economic Growth explanation

Economics notes on Savings and Economic Growth explanation

Economics notes on Savings and Economic Growth explanation Q.7. “While India has achieved a high rate of saving and investment, the basic constraint as in realizing the growth potential remains.” Do you agree? Give reasons for your answer. Ans. High Saving and Investment Ratios and Low Economic Growth-a Paradox. Nature of the Paradox: From a…

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Economics notes on capital formation

Economics notes on capital formation

Economics notes on capital formation Q.6. Elaborate on the following (a) Capital Formation in India. (b) Role of Financial Sector in Economic Development of the Country. (c) Meaning and process of Credit Creation. (d) Role of Commercial Banks in India’s Economic Development. Ans. (a)Capital formation signifies addition to the reproducible Wealth of a country, and…

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Economics notes in pdf

Economics notes in pdf

Economics notes in pdf Q.4. Explain the meaning and scope of Small Scale Industries. Differentiate between cottage, medium and large industry. Ans. The ‘small sector’, as the name implies, consists of small-scale industries. Following Dhar and Lydall, we can divide the small-scale industries into the following three categories, viz., (a) cottage industries, (b) agro-based industries,…

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Law and Economics Lecture notes

Law and Economics Lecture notes

Law and Economics Lecture notes Q. 2. Discuss the effect of the New Industrial Policy, 1991 on the Public Sector. Give suggestions for improving the performance of public enterprises in India. Ans. The New Industrial Policy, 1994 favours distancing’ publicly enterprises from Governments and, mimicking competitive markets. It suggests that unless it is necessary for…

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Law and economics notes pdf

Law and economics notes pdf

Law and economics notes pdf Q. 6. What are labour intensive techniques? Give arguments in favour of and against labour-intensive techniques. Ans. Labour-intensive techniques may be known as capital saving and labour-intensive techniques which are adopted in underdeveloped and developing countries. The labour-intensive technique is one that uses a larger amount of labour and a…

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Ba llb economics notes

Ba llb economics notes

Ba LLB economics notes Q. 2. Discuss the evolution and basic features of the strategy adopted by India in its plan. Examine the major weaknesses and strengths of the planning strategy and process in India. Ans. Any strategy for development consists of three components: resource mobilization, priorities for the allocation of resources mobilised, and a…

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