Q24 of 25 Page 1

The effects of globalization are far-reaching. It affects us all but affects us differently. Explain.

OR


Explain the economic policy of liberalization.


Globalization is a process of economic, social, political, cultural and technological changes that helps to increase the interdependence, interaction, and integration among the people and economic factors among different countries.

Globalization can affect different people differently. For example, fruits and vegetables are being produced all over the world and are flooding the market. But only the richer section of the society can purchase them. The farmers also have to face increasing competition from international companies. It increases the gap between the rich and the poor sections of the society.


OR


Liberalization refers to the process where the state reduces the control on the economic activities and the market forces are given prime importance. The economic policy of liberalization is explained below:


a. After Independence, the Indian government had put many laws to ensure that the market of India and the indigenous businesses are protected from the competition of the world.


b. Liberalization meant that all such restrictions they removed.


c. In 1991, the sectors of the economy including agriculture, industry, trade, foreign sector, technology, etc Were liberalized.


d. It involved taking loans from the International Financial Institutions such as the International Monetary Fund.


e. It was assumed that Global integration would be beneficial to the Indian economy.


f. The government agrees to follow certain economic measures along with the policy of structural adjustment.


More from this chapter

All 25 →
21

Is it easy to describe a State but hard to define? Why?

OR


‘The Indian people had a brief experience of authoritarian rule during an emergency.’ Justify.


22

‘The pattern of farmer’s suicides points to the significant crisis that the rural areas are experiencing.’ What do you understand by ‘matrix event’ and how are they responsible for farmer’s suicides?

OR


Migration and lack of job security create poor working and living conditions for migrant labour. Explain with reference to the circulation of labour in India.


23

The Khasi matriliny generates intense role conflict for men. Elaborate.

OR


What are some of the rules that the caste system imposes?


25

Read the given passage and answer the following questions :

The India Languages Newspaper Revolution The most significant happening in the few decades has been the India language newspaper revolution. The beginnings of this growth predated liberalization. The top two dailies in India are Danik Jagaran and Dainik Bhaskar with a readership of 21 million and 17 million, respective. The fastest growing dailies are the Assamese dailies in urban areas (51.8 per cent increase) and the Bengali dailies in rural areas (129 per cent).


The ‘Eenadu’ story also exemplifies the success of the Indian language press. Ramoji Rao the founder of ‘Eenadu’ has successfully organized a chit-fund, before launching the paper in 1974. By associating with appropriate causes in rural areas like the Anti-arak movement in the mid-1980s, the Telugu newspaper was able to reach into the countryside. This prompted it to launch ‘district dailies’ in 1989. There were tabloid inserts of sensational features carrying news from particulars districts as well as classified advertisements from villages and small towns of the same. By 1998 ‘Eenadu’ was being published from ten towns in Andhra Pradesh and its circulation accounted for 70 per cent of the audited Telugu daily circulation.


(a) What are the different forms of Print media?


(b) What reasons can be attributed to the emerging growth of Indian?