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Title Name Amity Solved Assignment BA for Indian Economic Development since 1947
University AMITY
Service Type Assignment
Course BA(Economics)
Semester Semester-II Course: BA(Economics)
Short Name or Subject Code Indian Economic Development since 1947
Commerce line item Type Semester-II Course: BA(Economics)
Product Assignment of BA(Economics) Semester-II (AMITY)


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Solved Assignment

  Questions :-

                                                                                              Indian Economic Development since 1947

Assignment A

  1. Explain in detail the conditions that prevailed in the Indian economy at the time of her independence. Were these conditions a hurdle for India’s growth path? If so, how?
    2. What are the policies implemented by the Indian state to tackle the problem of rising unemployment. Explain in detail.
    3. Detail the different forms of unemployment. What are the policy changes introduced by the Indian government in the 11th five year plan to increase employment.
    4. What do you understand by regional disparities? How can these disparities among Indian states be reduced?
    5. What are the recent changes in the calculation of Human Development Index? Is the new index superior to the old method of estimating human development?
    1. What are the various stages of demographic transition? Which is the phase that Indian economy is experiencing currently?
    2. How does rise in population affect the growth of any developing economies? Substantiate your answer by giving examples from Indian economic experience.
    8. Do you believe that the Indian economy will be able to sustain its growth rate? If not, give reasons to support your answer.



Assignment  B

Case Detail:
Consider the following case study and answer the following questions: Economists like S. S. Anklesaria Iyer (2002a; 2002b) welcome the rapid growth of services in the 1990s in his series of articles in The Times Economic. In his view, ‘as the industry-less growth is here to stay, our ability to compensate for industrial failure with services success is a strength, not a weakness’. On the other hand, scholars like Acharya (2002a; 2002c) have been skeptical of the idea of services-led growth. In his words,‘…India’s services sector can’t enjoy fast and sustained growth. It can,
but only in tandem with a fast growing industrial sector…Services cannot, by themselves, assure rapid and sustained growth of the Indian economy.’
The dominance of service sector ahead of industry with the decline of agriculture has given rise to various debates surrounding the sequence of the growth process particularly when industry or manufacturing is yet to achieve adequate growth. These debates particularly stemmed out of the inability of the service sector to generate appropriate employment even after its staggering growth figures. Even though the share of Indian services in total GDP has been rising and that of agriculture has been declining, agriculture sector still continues to employ over 40 percent of the Indian population while the service sector only generates employment for around 23.5 percent. This observed imbalance between employment and sequence of growth in services has been an added concern in the Indian growth process (Madheswaran and Dharmadhikary, 2000). Even though there is no clear answer to the question of sustainability, there seems to be a somewhat consensus among economists around the potential of the service sector to act as an engine of growth for the Indian economy.

1. At the time of independence Indian economy was an agrarian economy. Do you agree with this statement? Explain the basic features of the Indian Agricultural economy post 1947.

2. What do you think about the sustainability argument of the service led growth that is being registered by the Indian economy till date. Give reasons to support your answer.
3. What policy measures should the Indian government now take to put India back on the growth path and simultaneously deal with its macro-economic problems? Solved by




Assignment C

Question No. 1 Marks - 10
The rate of growth of population during 1941-51

• 1.25% per annum
• 2.25% per annum
• 3.25% per annum
• 7.25% per annum


Question No. 2 Marks - 10
Statistics reveal that in 1947, the total production of iron & steel was

1. 29 lakh tonnes
2. 94 lakh tonnes
3. 95 lakh tonnes
4. 9 lakh tonnes


Question No. 3 Marks - 10
What kind of economy did India have at the time of independence

• Self-sufficient level
• Agricultural
• Capitalist
• Service led economy


Question No. 4 Marks - 10
In 1946, cotton and jute textiles accounted for nearly _________of all the workers employed

a) 31 per cent
b) 30 per cent
c) 29 per cent
d) 34 per cent

Question No. 5 Marks - 10
In 1950, India met about ____________of its needs of machine tools through imports

a) 91 per cent
b) 92 per cent
c) 90 per cent
d) 95 per cent


Question No. 6 Marks - 10
In 1948, power generation capacity of India was nearly 2100 MW

a) 2700 MW
b) 2900 MW
c) 2100 MW
d) 2000 MW


Question No. 7 Marks - 10
What kind of economy did India have at the time of independence

a) Self-sufficient level
b) Agricultural
c) Capitalist
d) Service led economy


Question No. 8 Marks - 10
In 1948, the rate of literacy was

a) 28%
b) 18%
c) 58%
d) 48%


Question No. 9 Marks - 10
Pt. Jawaharlal Nehru, set up the Planning Commission in

a) 1951.
b) 1957.
c) 1950.
d) 1947.


Question No. 10 Marks - 10
What kind of economy did India have at the time of independence

a) Self-sufficient level
b) Agricultural
c) Capitalist
d) Service led economy


Question No. 11 Marks - 10
The First Five-year Plan was launched in

a) 1951
b) 1957
c) 1941
d) 1952


Question No. 12 Marks - 10
The First Five-Year Plan had a total planned budget of

a) Rs.206 crore
b) Rs.209 crore
c) Rs.2069 crore
d) Rs.2060 crore


Question No. 13 Marks - 10
Nehru-Mahalanobis Plan was introduced in which plan

a) Third Five Year Plan
b) First Five Year Plan
c) Second Five Year Plan
Fifth Five Year Plan


Question No. 14 Marks - 10
The Fifth Plan was from

a) 1973-78
b) 1975-80
c) 1974-79
d) 1972-77


Question No. 15 Marks - 10
The Dutt Committee listed 20 largest industrial houses in 1963-64 each with total assets of
a) Rs. 25 crores
b) Rs. 45 crores
c) Rs. 55 crores
d) Rs. 35 crores


Question No. 16 Marks - 10
Salaries are growing at the rate of _____________in the private sector in India

a) 10 per cent per year
b) 11 per cent per year
c) 14 per cent per year
d) 15 per cent per year


Question No. 17 Marks - 10
The middle Class are defined as households holding an earnings of

a) Rs. 1-11 lakhs annually
b) Rs. 5-10 lakhs annually
c) Rs. 2-10 lakhs annually
d) Rs. 3-10 lakhs annually


Question No. 18 Marks - 10
In 1947 which macroeconomic problem was faced by the Indian economy ?

a) Unemployment
b) Poverty
c) High population growth rate
d) All of the above


Question No. 19 Marks - 10
The agriculture sector of India at independence was

a) Well developed
b) Laced mechanization
c) like developed world
d) None of the above


Question No. 20 Marks - 10
The only industries prevalent in the Indian economy at independence were

a) Cotton and jute
b) Handicrafts
c) Iron and steel
d) None of the above.


Question No. 21 Marks - 10
Which is a component of HDI.

a) Net enrolment level
b) Per capita income
c) Death rate
d) None of the above


Question No. 22 Marks - 10
Which of the following is the measure of eradicating regional disparities

a) Concessional Finance by financial institutions
b) Centre government
c) British state government
d) None of the above


Question No. 23 Marks - 10
The first five year plan was towards growth of

a) Metal industry
b) Agriculture sector
c) Fisheries
d) None of the above


Question No. 24 Marks - 10
India is in which stage of demographic transition.

a) First
b) Second
c) Third
d) Fourth


Question No. 25 Marks - 10
______________has been instrumental in setting up several technical consultancy organizations (TCOs) throughout the country

Axis bank
All of the above


Question No. 26 Marks - 10
Average daily status unemployment rate, has increased to __________ in 2004-05.

a) 4.3%
b) 9.3%
c) 8.3%
d) 8.0%


Question No. 27 Marks - 10
India’s population had a growth rate of ______during the period 1975-2001

a) 2.1 per cent per annum
b) 2.0 per cent per annum
c) 2.2 per cent per annum
d) 2.3 per cent per annum


Question No. 28 Marks - 10
Non-agricultural employment expanded robustly at an annual rate of _____ during 1999-2005

a) 9.7%
b) 7.7%
c) 4.7%
d) 6.7%


Question No. 29 Marks - 10
During 1921-1951 India experienced

a) Steady Growth of population
b) Stagnant Growth of population
c) Rapid Growth of population
d) None of the above


Question No. 30 Marks - 10
Which of the following are the consequences of rise in population

a) Pressure on land
b) Income
c) Cost of production
d) All of the above


Question No. 31 Marks - 10
Today which is the sector that provides maximum employment opportunity in the Indian economy?

a) Trade
b) Handicrafts
c) Agriculture
d) Industry


Question No. 32 Marks - 10
India’s growth process is largely led by

a) Exports
b) Agricultural Produce
c) Service sector
d) Industrial production


Question No. 33 Marks - 10
The Human Development Index has risen gradually from 0.406 in 1975 to 0.619 in ______________________

a) 2005
b) 2006
c) 2003
d) 2007


Question No. 34 Marks - 10
The expected growth rate of the population during 2000-2015 will come down to _________

a) 2.3 percent
b) 1.4 percent
c) 1.3 percent
d) 3.3 percent


Question No. 35 Marks - 10
Total employment in the organised sector in 2004 was

a) 26.4 million
b) 23.4 million
c) 25.4 million
d) 27.4 million


Question No. 36 Marks - 10
Pradhan Mantri Gram Swaranjayanti Swarozgar Yojana (PMGSY) is targetd at

a) Upper income groups
b) BPL group
c) Middle class people
d) a, b ,& c



Question No. 37 Marks - 10
Employment in the organised sector actually declined _________per annum during 1994-2000

a) by 0.38%
b) to 1.38%
c) by 1.38%
d) to 0.38%


Question No. 38 Marks - 10
This type of unemployment is associated with the economic structure of the country

a) Structural Unemployment
b) Disguised Unemployment
c) Under Unemployment
d) Frictional Unemployment


Question No. 39 Marks - 10
Indira Awas Yojana gives 75% weightage to __________

a) Poverty
b) Housing shortage
c) Employment shortage
d) Food shortage


Question No. 40 Marks - 10
National Rural Health Mission (NHRM) focuses on ______ states which have weak public health indicators or weak infrastructure

a) 10
b) 20
c) 18
d) 23

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