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3 D 70455
Part B ((Very Short Answer Type Questions)

Write any ten questions.
Each question carries 2 marks.

What is economic planning ?
Distinguish between FDI and FPI.
What are the characteristics of economic policy ?
Explain the role of small scale industries in India.
What is food security ?
What are the objectives of agricultural] price policy ?
What do you mean by Minimum Support Price (MSP) ?
What is disinvestment ?
What are the merits of mixed economy frame work ?
What is fiscal federalism ?
What is liberalization ?
What do you mean by economic growth rate ?
(10 x 2 = 20 marks)
Part C (Short Essay Type Questions)
Write any six questions.
Each question carries 5 marks.
Lists the major policy changes in IPR 1991.
What are the reasons for introducing New Economic Policy in 1991 ?
Write the importance of Primary Sector.
Explain the trend in employment growth in India after 1990 ?
Write a brief note on the critical challenges of Indian agriculture.
Explain the sector wise and state wise flow of FDI in India.
What are the issues in the unorganised sector of Indian economy ?

Examine the issue of informalisation of labour.
( 6 x 5 = 30 marks)

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