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Explain the changing role of state in indian economics since introduction reform

Posted by Jeetan Yadav 4 years, 4 months ago

CBSE > Class 12 > Economics

1 answers

Preeti Dabral 4 years, 4 months ago

The changing role of state is reflected in the eighth five year plan which mentioned that the planning in India will be indicative increasingly. In order to give some correctness to the changing role of state the eighth five year plan has identified the principles governing public sector. These are :

1. The public sector must withdraw from the areas where no public sector is served by its presence.

2. State should make investments only in those areas where investment is of main infrastructural nature where private sector is not likely to come forth to an adequate extent within a reasonable time perspective.

After that we saw a major shift in the Indian economy and the role of state has been changing from a controller, regulator and participator to that of a facilitator, observer and guide. The changes that took place in the role of state since 1991 are as under:

Before economic reforms, government had its share in all sectors of the economy. It was producing bread, butter, biscuits, milk, running hotels and many of these were actually not required to be in public sector. Government withdrew herself from these sectors through delicensing, deregulation and disinvestment.
As a regulator, during 1947-1990, Government regulated all activities with the laws and acts. But after 1991, except some basic and strategic goods and services, decisions were made to be market driven. For this purpose, regulatory authorities were set up for different sectors.
Since 1991, Government has focused its attention on development of social sector like education, health, defence, law and order.

Overall, we can say that the role of state has changed from producer to production facilitator.

ANSWER

Causes of poverty

Posted by Hustle Gaming 4 years, 8 months ago

CBSE > Class 12 > Economics

3 answers

Jayesh Thanvi Gaming 4 years, 8 months ago

1 explosive population 2 less gdp 3 unequal distribution of income 4 less infrastructure 5 less human capital

Cute Girl 4 years, 8 months ago

There as two main causes of poverty 1 underdevelopment of the economy. 2 unequal distribution of income

Ankita Madaan 4 years, 8 months ago

Illiteracy among them Nd less job opportunities

ANSWER

Ex-post investment means fixed capital with production units during a particular period of time.

Posted by Molly Chandnani 4 years, 8 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

if the legal reserve ratio is 0.2 and you deposit is 1000 explain the process of money creation by commercial bank

Posted by Neha Qureshi 4 years, 8 months ago

CBSE > Class 12 > Economics

5 answers

Utkarsh Soni 4 years, 8 months ago

microeconomics kya hoti hai yeh puch rahi ho ?

Utkarsh Soni 4 years, 8 months ago

Macroeconomics hai class 12th mein micro class 11th mein thi agr aapko samajh nahi aaya toh batao.

Utkarsh Soni 4 years, 8 months ago

In the present case, the Reserve requirement is 0.2 and deposits are Rs. 1000. Hence, the quantum of money to be maintained by the commercial bank is Rs. 200 (0.2x1000).

Amit Thaur 4 years, 8 months ago

5000

Muskaan Jaan 4 years, 8 months ago

Microeconomics

ANSWER

Numerical on value adder method

Posted by Shweta Kandari 4 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Amit Thaur 4 years, 8 months ago

In value added method firstly we will find gdpmp and the formula of gdpmp is sales + change in stock- intermediate goods

ANSWER

Difference between intermediate goods and final goods

Posted by Shweta Kandari 4 years, 8 months ago

CBSE > Class 12 > Economics

2 answers

Utkarsh Soni 4 years, 8 months ago

Final goods refer to those goods which are used either for consumption or for investment. Intermediate goods refer to those goods which are used either for resale or for further production in the same year. ... They are not ready for use, i.e. some value has to be added to the intermediate goods.

Kashish Agrawal 4 years, 8 months ago

Intermediate goods are those goods which have not crossed the boundary line of production, are not ready to use by the final user. Final goods are those goods which have crossed the boundary line of production, are ready to use by the final user.

ANSWER

The principal consumers of coal are

Posted by Mohamed Mursith 4 years, 8 months ago

CBSE > Class 12 > Economics

1 answers

Aastha Gupta 4 years, 8 months ago

1. Thermal power station 2.steel plants

ANSWER

Derive a straight line saving curve using the following consumption function : C = 20+ 0.6Y. Presuming the income levels to be 100, 200 and 300 crores. Also calculate that level of income where consumption is equal to income. 3marks

Posted by Nancy Monga 4 years, 8 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

What is moral suasian

Posted by Rahul Yadav 4 years, 9 months ago

CBSE > Class 12 > Economics

1 answers

Satakshi Rajpoot 4 years, 8 months ago

Combination of pressure and persuasion

ANSWER

Revenue receipt tend to reduce liability of the government yes or no

Posted by Lalramchuanpuia Khongsai 4 years, 9 months ago

CBSE > Class 12 > Economics

4 answers

Dhruv Maheshwari 4 years, 8 months ago

No

Anjali Negi 4 years, 9 months ago

No Revenue receipts neither increase liability nor reduce asset of the govt.

Rahul Yadav 4 years, 9 months ago

No

Geetika Sharma 4 years, 9 months ago

Yes

ANSWER

Distinguish between leakages and injection

Posted by Sphumulo Nkosenhle 4 years, 9 months ago

CBSE > Class 12 > Economics

3 answers

Satakshi Rajpoot 4 years, 8 months ago

Leakages= withdrawal of money from supply like savings Injection = increasing the supply of money

Anjali Negi 4 years, 9 months ago

Leakage :- it includes all those transaction which reduce economic or production activities in the economy For example:- savings, tax, import Injection :- it includes all those transaction which increases production activities in the economy. for example investment, government expenditure and export

Chhaya Tiwari 4 years, 9 months ago

* when Ind buy foreign good, this spending escape as leakage from circular flow of income decreasing aggregate demand * our export to foreign enter as an injection into circular flow increasing aggregate demand for domestically produce goods

ANSWER

Undistributed profits are not a part of domestic factor true or false

Posted by Lalramchuanpuia Khongsai 4 years, 9 months ago

CBSE > Class 12 > Economics

1 answers

Anjali Negi 4 years, 8 months ago

True

ANSWER

In the determination of social welfare, what matters is the quantum of output rather than the composition of output. Defend or repute.

Posted by Vijay Upadhyay 4 years, 9 months ago

CBSE > Class 12 > Economics

1 answers

Anjali Negi 4 years, 9 months ago

False, Social welfare depends on both the aspects

ANSWER

All formulas of statistics

Posted by Vasu Dev Soni 4 years, 4 months ago

CBSE > Class 12 > Economics

1 answers

Preeti Dabral 4 years, 4 months ago

(1) Mean or Average:

Mean in theory is defined as the sum of all the elements of a set divided by the number of elements. We can get a fairly good idea about the whole set of data by calculating its mean. Thus the formula for mean is:

Mean = Sumofallthesetelements/Numberofelements

The importance of mean lies in its ability to represent the whole dataset with a single value.

(2) Median:

Median is the middle value of a dataset. So, if a set consists of an odd number of values, then the middle value will be the median of the set. On the other hand, if the set consists of an even number of sets, then the median will be the average of the two middle values.

Thus, the median may be used to separate a set of data into two parts. To find the median of a set, we need to arrange the elements of the set in increasing order. Then find the middle value.

(3) Mode:

The mode in a dataset is the value that is most frequent in the dataset. The mode also summarizes the gdataset with single information.

(4) Variance:

We may want to measure the deviation of a set of data from their mean value. The variance of the particular dataset will always be positive. Variance is used in the calculation of Standard Deviation, which is a very important concept of statistics.

(5) Standard Deviation:

The standard deviation is defined as the square rooting of the variance of the data.

ANSWER

Poverty

Posted by Vansh Singh 4 years, 9 months ago

CBSE > Class 12 > Economics

3 answers

Priyadarshini Utpala Lochana Meher 4 years, 8 months ago

Poverty refers to a state in which an individual is unable to fulfill even the basic necessities of life ( like , food , clothes , shelter , health and education ) OR The WORLD BANK ( 1990 ) has defined poverty as " the inability to attain a minimal standard of living " .

Rahul Yadav 4 years, 9 months ago

It is the situation when the people are not able to fullfill their daily needs

Anjali Kumari??? 4 years, 9 months ago

Gribi

ANSWER

do you think it is possible that poverty might persist in spite of rapid growth in GDP give reason

Posted by Abha Shankar 4 years, 9 months ago

CBSE > Class 12 > Economics

2 answers

Chhaya Tiwari 4 years, 9 months ago

Jobless growth is best eg of it

Saloni Kaushik 4 years, 9 months ago

Yes, due to unequal distribution of income it is possible ?

ANSWER

Government expenditure on mid day delay meal scheme running in government school is a type of _____ expenditure in government budget

Posted by Anns Jose 4 years, 9 months ago

CBSE > Class 12 > Economics

2 answers

Chhaya Tiwari 4 years, 9 months ago

Revenue

Indu Kanwar 4 years, 9 months ago

plan expenditure

ANSWER

Explain the role of education in the economy development of nation

Posted by ☞Cheenu☜ ▄︻̷̿┻̿═━一 ? 4 years, 4 months ago

CBSE > Class 12 > Economics

1 answers

Preeti Dabral 4 years, 4 months ago

(i) It improves productivity and efficiency.
(ii) It improves mental horizon of the people by which they try to improve their health status.
(iii) Common educated masses contribute in the development of the country.
(iv) It makes them good citizen that helps in choosing an intelligent government.
(v) It promotes science and technology by which people have a scientific outlook.
(vi) It produces skilled and trained workers.
Vi) In this way education helps in human capital formation.

ANSWER

Calculate GNP at mp and NNDI from acbse 2007 question paper

Posted by An Ba 4 years, 9 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Problem of indian aggriculture

Posted by Rohan Kumar 4 years, 9 months ago

CBSE > Class 12 > Economics

2 answers

Manish Rana 4 years, 9 months ago

1.Lack Of Irrigation Facality 2. Lack Of Markets 3. Small land Holdings By Farmers 4. ETC

Sorabh Gill 4 years, 9 months ago

Lack of permanent means of irritation Credit facility is lacking Less regulated markets

ANSWER

macro economics and micro economics of class 12.which is more hard to study in general because if have done my macro and some people people say it hard but i found out that is really easy ,so in case i am wondering is micro hard or going to be easy .

Posted by 12 K 49 Shaurya Chandrakar 4 years, 9 months ago

CBSE > Class 12 > Economics

3 answers

Chhaya Tiwari 4 years, 9 months ago

It won't be hard...it is easy... just practice daily

Saloni Kaushik 4 years, 9 months ago

Micro deals with micro details and hence difficult to grasp concepts

Manish Rana 4 years, 9 months ago

Yeah You are Right Micro Is Hard to study

ANSWER

Why India's absolute poverty no.(320 million to 276 million) doesn't change although poverty level decline from 55% to 23.6% in 2011?

Posted by Prakhar Gupta 4 years, 9 months ago

CBSE > Class 12 > Economics

2 answers

Chhaya Tiwari 4 years, 9 months ago

Due to corruption, implementation policy are not implement well

Manish Rana 4 years, 9 months ago

Due To Overpopulation

ANSWER

Family planning is pap plan or not

Posted by Niranjan Jha 4 years, 9 months ago

CBSE > Class 12 > Economics

0 answers

ANSWER

Name pap plans

Posted by Niranjan Jha 4 years, 9 months ago

CBSE > Class 12 > Economics

1 answers

Ankita Madaan 4 years, 8 months ago

Swaranjayanti gram swagrozgar yojna, MGNREGA.

ANSWER

"Subsidies to the producers should be treated as transfer payments"Defend with valid reasons

Posted by Shivani Pathak 4 years, 9 months ago

CBSE > Class 12 > Economics

1 answers

Rahul Yadav 4 years, 9 months ago

Defend,because these concessions is given by goverment for this they do'nt give service so it is a one sided transfer.

ANSWER

Explain circular flow of income in two sector of economy?

Posted by Shivani Pathak 4 years, 9 months ago

CBSE > Class 12 > Economics

3 answers

Saloni Kaushik 4 years, 9 months ago

Household provide factors of production by providing labour to firms In exchange of the services firms pay compensation for the factors of production i.e. Households

Mahak Chelani 4 years, 9 months ago

Aree.... 1. Households and, 2. Firm.

Mahak Chelani 4 years, 9 months ago

The circular flow of income in two sectors are...

ANSWER

What do you understand of circular flow of income

Posted by Mohammad Amaan 4 years, 4 months ago

CBSE > Class 12 > Economics

1 answers

Preeti Dabral 4 years, 4 months ago

It refers to the unending flow of the activities of production, income generation and expenditure involving different sectors of the economy, producers and households in particular.

ANSWER

Explain stock and flow variables.

Posted by Anne Elizabeth Thomas 4 years, 9 months ago

CBSE > Class 12 > Economics

3 answers

Mahak Chelani 4 years, 9 months ago

Stock variables refers to that variables measured at a particular point of time .on the other hand,flow variables measured over period of time

Divya Jain 4 years, 9 months ago

Stock variables measured at a particular point of time.for eg. National wealth. Flow variables are measured at a period of time. For eg. National income

Rahul Yadav 4 years, 9 months ago

Stock variables measured at a paticular point of time and opposite flow varables ar measured over a period of time example birth rate and stock example national income

ANSWER

Distinguish between equal and equitable distribution of income. Which one is more important and why?

Posted by Kiran Goswami 4 years, 9 months ago

CBSE > Class 12 > Economics

3 answers

Anjali Negi 4 years, 9 months ago

equitable Distribution of income is more important because the better equitable distribution of income, the better is the growth of nation

Anjali Negi 4 years, 9 months ago

In equitable distribution of income, the income given to a person as according to is potential level

Anjali Negi 4 years, 9 months ago

In equal distribution of income, income given to a person at all level is equal whether he is a CEO of a company or a clerk.

ANSWER

Explain three non-farm areas of employment for rural population? (3 marks)

Posted by Srishti Sharma 4 years, 9 months ago

CBSE > Class 12 > Economics

1 answers

Mahak Chelani 4 years, 9 months ago

There are 3 non farm employment are.... 1. Animal husbandry- means breeding , grazing and breeding of animals cow dunk , flows, baffalos. 2. Dairing-means milk production. 3. Fishers- means fishing . The water as 'mother' of fishers..... Oceans, lakes, rivers, streams, sea, etc.

ANSWER

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