Q30 of 34 Page 1

‘The opening up of the Indian Economy has led to a rapid increase in Foreign Direct Investments and Foreign Exchange Reserves of the country’. Defend or refute the given statement.

I defend this statement. Improvement or opening up of the Indian economy has played a pivotal role in increasing the FDI and FII of the economy. As per the matter of fact, both FDI and FII have increased from about US $100 million in 1990-91 to US$74 billion recently. The status of India has been significantly improved from a debt raiser or borrower to self dependent or a growing economy. India is growing at a fast pace. Make in India campaign has contributed a lot in bringing FDI in India.


Due to the opening up of the Indian economy, India has become one of the largest foreign exchange reserve holders in the world. India has marked an increase in foreign exchange reserves from about US$ 6 billion in 1990-91 to about US $ 321 billion in 20014-15.


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28

“Recently Indians have drifted away from the traditional knowledge and practices and caused large scale damage to environment”.

Explain how, adopting the traditional practices can be helpful in achieving the objective of sustainable development?


Or


‘Power sector in India has major issues with its installed capacity’. Discuss the given statement. 3


 29

‘Education Commission 1964-66 had recommended that at least 6 per cent of GDP must be spent on education’. How far India has been able to achieve the said goal? 3

 31

Define the following terms

a) Disinvestment b) Import Substitution


OR


Define the following terms


a) Outsourcing b) Quota


 32

Answer the following questions on the basis of the following data:

a) Comment upon the population growth rates among the three countries. 3


b) Which country has most skewed in sex ratio? 1



Source: World Development Indicators, 2015, www.worldbank.org