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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