Prelims High-Yield Explanations & Traps

• The Article 51A containing Fundamental Duties was inserted by the Constitution
• to know something
• of the agricultural prosperity in our country in the seventeenth century
• to India from the economic point of view? (Refer, to your
• raw materials for the
• trading
• characteristic
• waterways in the world
• contributions
• ways
• to
• industries which can produce machine tools which are, in turn, used for producing articles for current consumption
• of production, i
• increase in the country’s capacity to produce the output of goods and services within the country
• avoiding imports of those goods which could be Box 2
• fixing the maximum size of land which could be owned by an individual

Essential Definitions & Formulas

An understanding of the exploitative nature of this relationship

essential for any assessment of the kind and level of development which the Indian economy has been able to attain over the last six and half decades.

India

the pivot of our Empire.

Textile Industry in Bengal Muslin

a type of cotton textile which had its origin in Bengal, particularly, places in and around Dhaka (spelled during the pre-independence period as Dacca), now the capital city of Bangladesh.

The knowledge I have acquired of Bengal in two visits inclines me to believe that it

richer than Egypt.

From rajmahal to the sea

an endless number of canals, cut in bygone ages from the Ganges by immense labour for navigation and irrigation.

Capital goods industry

industries which can produce machine tools which are, in turn, used for producing articles for current consumption.

There

an argument that industries which are not strategic in nature should not continue to be in the public sector.

What

your view? ØOn a map of India, mark the cotton textiles, jute mills and textile mills that existed at the time of independence.

Trade Through the Suez Canal Suez Canal

an artificial waterway running from north to south across the Isthmus of Suez in north-eastern Egypt.

There

a perception still going around that in many ways the British administration in India was quite beneficial.

An understanding of the economy before independence

necessary to know and appreciate the level of development achieved during the post- independence period.

Which

regarded as the defining year to mark the demographic transition from its first to the second decisive stage? 11.

If the consensus

negative, then what measures would you think should be taken to banish it and why? 4.

Soviet Union where all the

of production, i.

It

not possible in a democracy like India for the government to change the ownership pattern of land and other properties of its citizens in the way that it was done in the former Soviet Union.

One answer to these questions

to depend on the market forces of supply and demand.

If labour

cheaper than capital, more labour-intensive methods of production will be used and vice-versa.

Low cost housing for the poor

much needed but will not count as demand in the market sense because the poor do not have the purchasing power to back the demand.

It is assumed that the government knows what

good for the people of the country and so the desires of individual consumers are not given much importance.

It

increase in the country’s capacity to produce the output of goods and services within the country.

NCERT Thought Questions

• and prepare a list of major items that India imported and exported during 1990-91 and 2018-19. (For this, see P. 192 also).

Related PYQs (17)