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Subject Details

  • Indian Economy

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Indian Economy

Book Name - NCERT Class XI: Indian Economic development

Description

CHAPTER 1: INDIAN ECONOMY ON THE EVE OF INDEPENDENCE: The chapter discusses about the state of the Indian economy in 1947, and the factors that led to the underdevelopment and stagnation of the Indian economy.

CHAPTER 2: INDIAN ECONOMY 1950-1990: The chapter discusses about the goals of India’s five year plans and the development policies in different sectors such as agriculture and industry from 1950-1990.

UPSC 2019: With reference to India's Five-Year Plans, which of the following statements is/are correct?

1.      From the Second Five-Year Plan, there was a determined thrust towards substitution of basic and capital good industries.

2.      The Fourth Five-Year Plan adopted the objective of correcting the earlier trend of increased concentration of wealth and economic power.

3.      In the Fifth Five-Year Plan, for the first time, the financial sector was included as an integral part of the Plan.

Select the correct answer using the code given below.

(a)     1 and 2 only

(b)     2 only

(c)     3 only

(d)     1, 2 and 3

 

Ans : A

 

CHAPTER 3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL: The chapter discusse the background of the reform policies introduced in India in 1991 and comprehend the process of globalisation and its implications for India.

UPSC 2017: Which of the following has/have occurred in India after its liberalization of economic policies in 1991?

1.   Share of agriculture in GDP increased enormously.

2.   Share of India's exports in world trade increased.

3.   FDI inflows increased.

4.   India's foreign exchange reserves increased enormously.

Select the correct answer using the codes given below:

(a)  1 and 4 only

(b) 2, 3 and 4 only

(c) 2 and 3 only

(d) 1, 2, 3 and 4

 

Ans : B


CHAPTER 8: INFRASTRUCTURE
: The chapter discusses about the main challenges India faces in the areas of social and economic infrastructure and the role of infrastructure (energy and health) in economic development.

CHAPTER 10: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS: It discusses about comparative trends in various economic and human development indicators of India and its neighbours. Student can read this chapter to understand the concepts but should study the latest data.

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

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