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Indian Economy 1950-1990

Question

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What is the benefit of ownership rights?

Solution

The ownership rights to tenants give them the incentives to increase output and contribute to the growth in agriculture. Provisions have been made in the tenancy legislation in several states for conferment of ownership rights to tenants. Tenants can acquire ownership rights by paying certain times of net income from land to the landowner.

Some More Questions From Indian Economy 1950-1990 Chapter

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?

Why is agriculture called the backbone of Indian Economy?

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