Where is the head quarter of World Trade Organization? [2]In which year were the economic reforms implemented for strengthening economic development? [3] Which sector was allowed in various industries after imposing economic liberalization? [A] Government sector [B] Public sector [C] Private sector [D] Industrial sector [4] As a part of liberalization India’s foreign debt increased due to _____. [A] Lesser development of cottage industries [B] Imports out beating exports [C] Exports of agricultural products [D] Deficiencies in liberalization policy [5] In which year was WTO established? [6] France is a developed country. [True or False] [7] _____ is derived from dividing national income by total population. [a] average income [b] per capita income [c] economic growth rate [d] absolute income [8] What do you mean by Economic liberalization? [9] What do you mean by Sustainable development? [10] In which year government passed Air pollution Control Act? [Q.2] Answer the following question: [10 marks] [1] Difference between economic and non economic activities. [2 points] [2] Wants are unlimited. Explain. [3] Discuss any four features of the developing economy [4] Write the features of the Capitalist Economy. [5] State any two disadvantages of liberalization. [Q.3] Answer the following question: [15 marks] [1] What do you mean by globalization? State advantages of globalization [2 points] [2] Explain different factors of production. [3] Short note on structure on Indian economy. [4] Which steps have been taken to conserve environment? [5] Explain the allocation of resources.
Answers
Answer:
1. Geneva, Switzerland
Geneva, Switzerland, where the WTO headquarters is located, is a unique place, with many United Nations and other international organizations, as well as missions to the WTO.
2. In which year were the economic reforms implemented for strengthening economic development?
Economic liberalisation in India was initiated in 1991 by Prime Minister P. V.
Answer:
1. Geneva, Switzerland
Geneva, Switzerland, where the WTO headquarters is located, is a unique place, with many United Nations and other international organizations, as well as missions to the WTO.
2. In which year were the economic reforms
implemented for strengthening economic
development?
Economic liberalisation in India was initiated in 1991 by Prime Minister P. V.