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Indian Economy 1950-1990
What is difference between economic growth and economic development?
Growth refers to a situation of sustained increase in GDP over a long period of time leading to rise in standard of living of people, whereas economic development refers to growth with equity as well as structural change in the economy.
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Who floated the idea of planning in India first of all?
How many plans have been completed in India so far?
Define capitalist economy.
What is a socialist economy?
What is mixed economy?
What is meant by economic growth?
What structural change undergoes with development of the economy?
Name the sectors from which the GDP of a country is derived.
On which idea is the policy of 'land to tiller' is based?
Where is the provision for economic and social planning in our Constitution?
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