Discuss the concept of non-alignment of India. FOR MORE FOLLOW @BLOGGER_PRIYA The concept of Non-Alignment The concept of non-alignment is India’s contribution to international relations. The policy that was announced by Jawaharlal Nehru, soon after taking over as interim Prime Minister, developed into the concept of non-alignment, 1t is said to be directly related to…
BA LLB Very short answer type question FOR MORE FOLLOW @BLOGGER_PRIYA Q. 1. Give the definition of ‘Caste’? Ans. In India, the caste system is a special type of social stratification found mostly both in the ancient and modern periods. There are a number of definitions of caste which points to its complex and intricate…
Reasons for Formations of Regional Organizations UPSC PDF International organizations UPSC 2021 pdf for more follow @blogger_priya What are the reason for the Formations of Regional Organizations? Discuss OAS, SAARC, ASEAN, EUROPE? Reasons for Formations of Regional Organizations. Generally, the states form regional organizations for three reasons viz. security economic assistance, and…
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…
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…
Economics notes for Ba llb Q. 5. Give arguments in favour of and against Small Scale Industries. Also, examine the shortcomings from which the SSI sector suggests. Ans. Arguments in Favours of SSIs IPR 1956 established the rationale of SSIs in terms of the following arguments : (1) Employment Argument: The most important argument in…
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,…
Economics notes pdf Q.3. Write an essay on ‘Private sector’ and ‘Joint Sector’ in India. Ans. In the economy of India private sector plays a complementary role to the public sector. The Industrial Policy Resolution, 1956, set the mood and tone for the future. While reserving the key and basic industries for the public sector…
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…
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…