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Indian Economy 1950-1990

Question

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Why is protection from foreign competition being criticised?

Solution

Protection from foreign competition is being critisised on the ground that if it is kept continued even after it proved to do more harmful than good.

Some More Questions From Indian Economy 1950-1990 Chapter

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?

Why is agriculture called the backbone of Indian Economy?

What is meant by agriculture?

What are the main causes of backwardness of Indian agriculture?

What do you mean by land reforms?

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