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IMPORTANT QUESTIONS

1. Agriculture sector appears to be adversely affected by the reform process. Why?

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2. What are the major factors responsible for the high growth of the service sector?

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3. Do you think the navratna policy of the government helps in improving the performance of public sector undertakings in India? How?

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4. India has certain advantages which makes it a favourite outsourcing destination. What are these advantages?

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5. Do you think outsourcing is good for India? Why are developed countries opposing it?

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6. Those public sector undertakings which are making profits should be privatised. Do you agree with this view? Why?

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7. What is the meaning of quantitative restrictions?

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8. Why are tariffs imposed?

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9. Distinguish between the following: <br>
   (i) Strategic and Minority sale <br>
   
   (ii) Bilateral and Multi-lateral trade <br>
   
   (iii) Tariff and Non-tariff barriers.

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10. What do you understand by devaluation of rupee?

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