Question

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TERMINAL EXAM -2020
Subject- English
Class- Science/comm./Arts 12th
Section-A
F.M. - 100
P.M. - 33
Q1. Read the passage carefully and answer the questions that follow:
When the Britishers left India, our country was in a shattered condition, economically,socially
and culturally. The main task before the government was to improve its economy and provide welfare
measures for the people. In order to achieve these objectives, India adopted the path of mixed economy.
Most of the capital goods industries were established by the government in the public sector. The private
sector was also allowed to develop side by side. But the intended results were nowhere in sight due to
the financial limitations. So a lot of money was borrowed from other countries and spent. Besides this,
slow development, technological backwardness, price rise, inadequate capital and extravagant expenses
by the Government which were more than its revenue, created a crisis in the country.
On the advice of the World Bank and International Monetary Fund, India opened its market to
other countries of the world under the process of globalization. A new Economic Policy (NEP) was
formulated to improve the situation.
Under the NEP, the process of globalization started in 1991 and gained momentum year after
year. The successive governments also contributed positively in this direction.
Questions:
2x6=12
(a) What were the main tasks before the government after the Britishers left India?
(b) What were the factors that created crisis in the country?
(c) What steps did India take on the advice of the World Bank and IMF?
(d) How did globalization work for Indian Economy?
(e) Why was the New Economic Policy formulated?
(f) Find words from the passage which mean the same as the following words:
(i) insufficient (paral)
(ii) direction (para 2)​

Answer 1

Answer:

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