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IMPORTANT QUESTIONS

1. How is RBI controlling the commercial banks?

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2. Why did RBI have to change its role from the controller to facilitator of the financial sector in India?

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3. Why is it necessary to become a member of WTO?

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4. Why were reforms introduced in India?

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5. Match the following:
   https://padhaaiweb.s3.ap-south-1.amazonaws.com/gurucool-admin/SAVE_20220912_153805_9bc4b72aa8/SAVE_20220912_153805_9bc4b72aa8.jpg

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6. Why and how was private sector regulated under the IPR 1956?

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7. Explain how import substitution can protect domestic industry.

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8. Though public sector is very essential for industries, many public sector undertakings incur huge losses and are a drain on the economy’s resources. Discuss the usefulness of public sector undertakings in the light of this fact.

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9. Why, despite the implementation of green revolution, 65 per cent of our population continued to be engaged in the agriculture sector till 1990?

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10. While subsidies encourage farmers to use new technology, they are a huge burden on government finances. Discuss the usefulness of subsidies in the light of this fact.

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