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Subject Details

  • Indian Economy

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Indian Economy

Book Name - NCERT Class X: Understanding Economic development

Description

CHATPER 2: Sectors of the Indian Economy : The chapter will look at the way economic activities in a modern economy can be classified and understood within the framework of primary, secondary and tertiary sectors.

CHATPER 3: Money and Credit : The chapter initiates the learners into the world of money — its role in a modern economy, forms and its linkage with various institutions such as banks, the role of banks and other institutions in providing credit to the people, etc.

            UPSC 2015: With reference to Indian economy, consider the following.

1.   Bank rate

2.   Open market operations

3.   Public debt

4.   Public revenue

Which of the above is/are component/ components of Monetary Policy?

(a) 1 only

(b) 2, 3 and 4

(c) 1 and 2

(d) 1, 3 and 4

 

Ans : C

CHATPER 4: Globalization and Indian Economy : The chapter focuses on a particular dimension of globalisation that is economic in nature — the complex organisation of production and how multinational companies facilitate globalisation through trade and investment is also explained.

Note: Rest of the Chapters have been covered under Socio-Economic development.

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