DU SOL Question Paper 2018 BA Economics - Economic Development And Policy In India

[This question paper contains 4 printed pages.]

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B.A. (Prog.)/III c-I
ECONOMICS - Paper III

(Economic Development and policy in India) (C_l l7)

Time : 3 Hours Maximum Marks ; I00

(I4trite your Roll No. on the top immecliately
on receipt o.f this question paper.)

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Attempt any five questions.

All questions cctrry equal marks..,'

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1. Write short notes on any two of the following:
(i) Ahulwalia-Chnery Welfare index.
(ii) Women and poverty
(iii)Small Scale Industry Policy in India

(iv)Trade cooperation and regional trade agreements
(10,10)

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2. Discuss the theoretical relationship between poverty and
inequality. Explain the conditions under which the inverted
U curve hypothesis holds in late-industrializing economies.
(7,13)
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3. What are the socio-cultural pre-conditions for effective
operation of private markets in developing economics?
Discuss with special reference to the role of institutions in
(7 ,13)
ensuring development participation.

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4. Discuss the various components of land-reforms in
India.critically examine India's experience of impiementing
land-reforms with special reference to regional in equalrty.
(9,1 1 )

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5. Examine the role and significance of productive
accumulation in augmenting agricultural productivity in
agrarian economies. Explain how informal loan-contracts
and inter-locked transactions limit the possibiiity of
productivity augmenting investment. (B,12)

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Critically evaluate the performance of India's agricultural
price policy since independence. Holv can we ensure
improved food-security to the rural poor in India. (11,9)

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7. Critically examine the view that'it is the scope and degree
of competition that enhances economic efficiency rather
than public or private ownership of enterprise'. Discuss
with reference to India's experience of Industriai
privatization. (9, i 1)

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8. Explain the role and significance of Foreign Direct
Investment for the growth of India's industrial sector.
Suggest possible reform measures to make existing FDI
policy more effective in India. (9,11)
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(6000)