NALANDA OPEN UNIVERSITY M.A Economics Economics of Growth, Development and Planning Question Paper



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NALANDA OPEN UNIVERSITY  M.A. (Economics)  PART–I, PAPER–VI 


Economics of Growth, Development and Planning
Annual Examination, 2010 
Full Marks : 80 Time : 3 Hours
Answer any Five Questions. All questions carry equal marks. 


1- What is Solow model of economic growth ? Examine critically. 


2- What importance has been attached to private sector in India's Economic Policy ? 
Elaborate. 


3- What is the difference between balance of trade and balance of payment ? Point out 
the main visible and invisible items included in balance of payments. 


4- Discuss the Green Revolution in Indian agriculture. What is the concept of Second 
Green Revolution ? 


5-Examine the role of industrial progress in the economic development of developing 
Countries. 


6- Explain the importance of small scale industries in Indian economy. What are their 
problems ? 


7-Describe different sources of energy. 


8- What do you mean by the labour market ? What are its characteristics ? 


9- What do you mean by the concept of terms of trade ? Throw light on its uses and 
importance. 


10- What is World Trade Organisation ? What benefits can India derive from WTO ? 



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