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IGNOU INDIAN ECONOMIC POLICY: MEC-105 December, 2017 QUESTION PAPER SOLUTION
Note: Attempt questions from each section as per instructions given.
SECTION – A
Attempt any two questions from the following in about 700 words each.
Q1. State the objectives and features of India’s Exim Policy 2009-14. Evaluate this policy clearly pointing out its strengths and weaknesses.
Ans. Refer to Chapter-6, Q.No.-19 FULL SOLUTION HERE
Q2. Explain the concept of ‘Sustainable development’. What are the policies required to achieve this goal?
Ans. Refer to Chapter-1, Q.No.- 29 FULL SOLUTION HERE
Q3. Explain the need for a rational price policy for agricultural produce. Which steps have been taken by the government to meet the end of justice both for producers and consumers.
Ans. Refer to Chapter-7, Q.No.-1 FULL SOLUTION HERE
Q4. What are the constituents of second generation economic reforms? To what extent these reforms will address the current challenges of India’s development?
Ans. Refer to Chapter-2, Q.No.-22 FULL SOLUTION HERE
SECTION – B
Attempt any five of the following questions in about 300 words each.
Q5. Give an account for the transition from central planning to Indicative planning in India.
Ans. Refer to Chapter-2, Q.No.-4 and 6 FULL SOLUTION HERE
Q6. ‘The growth of external debt is a far more serious matter than internal debt.’ Why?
Ans. Refer to Chapter-6, Q.No.-8 FULL SOLUTION HERE
Q7. Discuss the transmission mechanism of monetary policy in India.
Ans. Refer to Chapter-5, Q.No.-4 FULL SOLUTION HERE
Q8. Identify the major issues in union-state financial relations.
Ans. Refer to Chapter-5, Q.No.-25 FULL SOLUTION HERE
Q9. What are the income and non-income measures of inequality? What are the major drivers of inequality in India?
Ans. Refer to Chapter-4, Q.No.-1 FULL SOLUTION HERE
Q10. Comment on India’s prospects of reaping demographic dividend as per its demographic profile.
Ans. Refer to Chapter-1, Q.No.-14 FULL SOLUTION HERE
Q11. Is it necessary to move towards good governance to ensure sustainable human development? Give reasons.
Q12. Provide a brief account of the employment trends and their implications for the Indian economy for the following:
(a) Female workers
(b) Construction and financial services
Ans. Refer to Chapter-2, Q.No.-10 FULL SOLUTION HERE
FOR OTHER SUBJECT ANSWERS CLICK HERE