Previous Year Very Short Questions of IEP (BCOM 3rd)

Indian economics problems

Previous year question paper with solutions for Indian economics problems

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  1. Explain the merits of capitalism.
  2. What is meant by Population explosion?
  3. Explain the role of cropping pattern in Indian Agriculture.
  4. Explain four main features of Industrial Policy of 1991.
  5. How Taxation is an important tool of Fiscal policy?
  6. Write a note on FERa
  7. Do the difference between currency depreciation and devaluation?
  8. Explain the nature of India foreux market in brief
  9. Explain the role of NABARD in rural development?
  10. What is meant by disguised unemployment?
  11. What do you understand by parallel economy?
  12. State two differences between capitalism and socialism
  13. Write two main causes of hyper-inflation
  14. State when first five year plan was implemented and also write briefly its two main features
  15. Differentiate between cottage and small scale industry. (any two differences)
  16. What are direct and indirect taxes?
  17. Differentiate between production and productivity in agriculture.
  18. State any two features of foreign exchange market.
  19. Write full form of FERA and FEMA.
  20. What are the two main problems of Indian trade policy?
  21. How poverty is measured?
  22. Balance of payment
  23. Define Land reforms
  24. Define small scale units
  25. Fiscal policy
  26. Inequality
  27. Exchange Rate
  28. Currency Depreciation and devaluation
  29. Debt trap
  30. Economic planning