DMJ7202 ECONOMIC STRUCTURE AND CURRENT AFFAIRS

Description

SESSION	jul – aug 2024
PROGRAM	MAJMC
SEMESTER	IV
course CODE & NAME	DMJ7202; ECONOMIC STRUCTURE AND CURRENT AFFAIRS
CREDITS	02
nUMBER OF ASSIGNMENTS & Marks	02 30 MARKS EACH

 

 

Assignment Set – 1^st

Questions

1. Discuss the challenges of Indian economy. Write a short note on the future of Indian economy.

Ans: Challenges of the Indian Economy

The Indian economy faces several challenges that require immediate and long-term attention:-

1. Unemployment and Underemployment: Despite being one of the fastest-growing economies, job creation remains insufficient to absorb the growing workforce, especially in rural areas.
2. Income Inequality: Economic growth has been uneven, leading to a widening gap between the rich and the poor. This disparity undermines inclusive development.
3. Infrastructure Deficit: Whil

 

 

 

Its Half solved only

Buy Complete from our online store

 

https://smuassignment.in/online-store/

 

MUJ Fully solved assignment available for session July-Aug 2024.

 

Lowest price guarantee with quality.

Charges INR 198 only per assignment. For more information you can get via mail or Whats app also

Mail id is aapkieducation@gmail.com

 

Our website www.smuassignment.in

After mail, we will reply you instant or maximum

1 hour.

Otherwise you can also contact on our

whatsapp no 8791490301.

 

2. Explain the five phases of economic development. Discuss how economic development is different from economic growth.

Ans:

Five Phases of Economic Development:-

Economic development typically follows a multi-phase progression, reflecting shifts in societal priorities, industries, and resources:-

1. Traditional Society:
   • Characterized by subsistence agriculture, limited technological advancement, and minimal economic output.
   • Social structures

 

 

3. Discuss the role of NGOs in the Indian economy. Write about any three international organizations contributing to Indian economy.

Ans:

Role of NGOs in the Indian Economy:-

Non-Governmental Organizations (NGOs) play a significant role in India’s economic and social development.

Their

 

Assignment Set – 2^nd

Questions

 

4. Define the LPG as economic reforms. Discuss in detail the impact of economic reforms on the Indian economy.

Ans: Definition of LPG Economic Reforms

The LPG (Liberalization, Privatization, and Globalization) reforms were introduced in India in 1991 to address a severe economic crisis marked by high inflation, fiscal deficits, and dwindling foreign exchange reserves. These reforms aimed to transform India’s economy from a closed, heavily regulated

 

5. Write short notes on ASEAN and G20 discussing its relationship with Indian economy.

Ans: ASEAN (Association of Southeast Asian Nations) and Its Relationship with the Indian Economy

Overview:
ASEAN is a regional organization comprising 10 Southeast Asian nations: Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Vietnam, Laos, Myanmar, and Cambodia. It aims to promote regional cooperation in economic, political, and cultural fields.

India’s Relationship with

 

6. Discuss the role of primary sector in rural development. Write about any three government initiated programs for rural development.

Ans: Role of the Primary Sector in Rural Development

The primary sector, which includes agriculture, forestry, fishing, and mining, plays a pivotal role in rural development in India:

1. Employment Generation:
   • A majority of India’s rural population relies on the primary sector for livelihood.