%3Cstrong%3EGeneral%20Instructions%3A%3C/strong%3E

1%20This%20question%20paper%20contains%20two%20parts%3A

Part%20A%20-%20Macro%20Economics%20%2840%20marks%29

Part%20B%20-%20Indian%20Economic%20Development%20%2840%20marks%29.

2%20Marks%20for%20questions%20are%20indicated%20against%20each%20question.

3%20Question%20No.%201-10%20and%20Question%20No.%2018%20%u2013%2027%20%28including%20two%20Case%20Based%20Questions%29%20are%201%20mark%20questions%20and%20are%20to%20be%20answered%20in%20one%20word/sentence.

4%20Case%20Based%20Questions%20%28CBQ%u2019s%29%20are%20Question%20No.%207-10%20and%20Question%20No.%2025-27.

5%20Question%20No.%2011-12%20and%20Question%20No.%2028%20%u2013%2029%20are%203%20marks%20questions%20and%20are%20to%20be%20answered%20in%2060%20-%2080%20words%20each.

6%20Question%20No.%2013-15%20and%20Question%20No.%2030%20%u2013%2032%20are%204%20marks%20questions%20and%20are%20to%20be%20answered%20in%2080-100%20words%20each.

7%20Question%20No.%2016-17%20and%20Question%20No.%2033%20%u2013%2034%20are%206%20marks%20questions%20and%20are%20to%20be%20answered%20in%20100-150%20words%20each.

8%20Answers%20should%20be%20brief%20and%20to%20the%20point%20and%20the%20above%20word%20limit%20be%20adhered%20to%20as%20far%20as%20possible.

%26nbsp%3B

PART%20A%20-%20MACRO%20ECONOMICS

1%20Inventory%20is%20a%20……………….concept%20whereas%20the%20change%20in%20inventory%20is%20a

………………….%20concept.%20%28Fill%20up%20the%20blank%20with%20correct%20alternative%29

a.%20stock%2C%20flow

b.%20flow%2C%20stock

c.%20stock%2C%20stock

d.%20flow%2C%20flow

Or

Page%20%7C%202

If%20in%20an%20economy%20the%20value%20of%20Net%20Factor%20Income%20from%20Abroad%20is%20%u20B9%20200

crores%20and%20the%20value%20of%20Factor%20Income%20to%20Abroad%20is%20%u20B9%2040%20crores.%20Identify%20the

value%20of%20Factor%20Income%20from%20Abroad.%20%28Choose%20the%20correct%20alternative%29

a%29%20%u20B9%20200%20crores%20b%29%20%u20B9%20160%20crores

c%29%20%u20B9%20240%20crores%20d%29%20%u20B9%20180%20crores

2%20In%20the%20present%20COVID-19%20times%2C%20many%20economists%20have%20raised%20their

concerns%20that%20Indian%20economy%20may%20have%20to%20face%20a%20deflationary%20situation%2C%20due

to%20reduced%20economic%20activities%20in%20the%20country.

Suppose%20you%20are%20a%20member%20of%20the%20high%20powered%20committee%20constituted%20by

the%20Reserve%20Bank%20of%20India%20%28RBI%29.

You%20have%20suggested%20that%20as%20the%20supervisor%20of%20commercial%20banks%2C%20…………….

%28restriction/release%29%20of%20the%20money%20supply%20be%20ensured%2C%20by%20the%20Reserve%20Bank

of%20India%20%28RBI%29.%20%28Choose%20the%20correct%20alternative%29

3%20Supply%20of%20money%20refers%20to%u2026%u2026……………..%20%28Choose%20the%20correct%20alternative%29

a.%20currency%20held%20by%20the%20public

b.%20currency%20held%20by%20Reserve%20Bank%20of%20India%20%28RBI%29

c.%20currency%20held%20by%20the%20public%20and%20demand%20deposits%20with%20commercial

banks

d.%20currency%20held%20in%20the%20government%20account%201

4%20Identify%20the%20correct%20pair%20of%20formula%20from%20the%20following%20column%20I%20and%20II%3A

%28Choose%20the%20correct%20alternative%29

Column%20I%20Column%20II

A%20Current%20Account%20Surplus%20i.%20Receipts%20%26lt%3B%20Payments

B%20Current%20Account%20Surplus%20ii.%20Receipts%20%26gt%3B%20Payments

C%20Balance%20Current%20Account%20iii.%20Receipts%20%u2260%20Payments

D%20Current%20Account%20Deficit%20iv.%20Receipts%20%u2264%20Payments

Alternatives%3A

a%29%20A%20-%20i%20b%29%20B%20-%20ii%20c%29%20C%20-%20iii%20d%29%20D%20-%20iv%201

5%20Identify%20which%20of%20the%20following%20statements%20is%20true%3F%20%28Choose%20the%20correct

alternative%29

a.%20The%20flexible%20exchange%20rate%20system%20gives%20the%20government%20more%20%26nbsp%3B

Page%20%7C%203

flexibility%20to%20maintain%20large%20stocks%20of%20foreign%20exchange%20reserves.

b.%20In%20the%20Managed%20floating%20exchange%20rate%20system%2C%20the%20government

intervenes%20to%20buy%20and%20sell%20foreign%20currencies.

c.%20In%20the%20Managed%20floating%20exchange%20rate%20system%2C%20the%20central%20bank

intervenes%20to%20moderate%20exchange%20rate%20fluctuations.

d.%20In%20the%20Fixed%20exchange%20rate%20system%2C%20market%20forces%20fix%20the%20exchange

rate.

6%20An%20Indian%20real%20estate%20company%20receives%20rent%20from%20Google%20in%20New%20York.%20This

transaction%20would%20be%20recorded%20on%u2026%u2026%u2026%u2026%u2026%u2026..side%20of

%u2026%u2026%u2026%u2026%u2026..account.%20%28Fill%20up%20the%20blanks%20with%20correct%20alternative%29

a.%20credit%2C%20current%20c.%20debit%2C%20capital

b.%20credit%2C%20capital%20d.%20debit%2C%20current%201

Read%20the%20following%20news%20report%20and%20answer%20Questions%207-10%20on%20the%20basis

of%20the%20same%3A

The%20Reserve%20Bank%20of%20India%20%28RBI%29%2C%20cut%20Repo%20Rate%20to%204.4%25%2C%20the%20lowest%20in%20at

least%2015%20years.%20Also%2C%20it%20reduced%20the%20Cash%20Reserve%20Ratio%20%28CRR%29%20maintained

by%20the%20banks%20for%20the%20first%20time%20in%20over%20seven%20years.%20CRR%20for%20all%20banks%20was

cut%20by%20100%20basis%20points%20to%20release%20%u20B9%201.37%20lakh%20crores%20across%20the%20banking

system.%20RBI%20governor%20Dr.%20Shaktikanta%20Das%20predicted%20a%20big%20global%20recession

and%20said%20India%20will%20not%20be%20immune.%20It%20all%20depends%20how%20India%20responds%20to%20the

situation.%20Aggregate%20demand%20may%20weaken%20and%20ease%20core%20inflation.

The%20Economic%20Times%3B%20March%2027th%2C%202020

7%20Cut%20in%20Repo%20rate%20by%20RBI%20is%20likely%20to%u2026%u2026%u2026..%20%28increase/decrease%29%20the%20demand

for%20goods%20and%20services%20in%20the%20economy.%20%28choose%20the%20correct%20alternative%29%20%26nbsp%3B

8%20Decrease%20in%20Cash%20Reserve%20Ratio%20will%20lead%20to%u2026………..%u2026

%28choose%20the%20correct%20alternative%29

a.%20fall%20in%20aggregate%20demand%20c.rise%20in%20aggregate%20demand

b.%20no%20change%20in%20aggregate%20demand%20d.%20fall%20in%20general%20price%20level

Page%20%7C%204

9%20The%20difference%20by%20which%20actual%20Aggregate%20Demand%20exceeds%20the%20Aggregate

Demand%2C%20required%20to%20establish%20full%20employment%20equilibrium%20is%20known

as%u2026%u2026%u2026.%u2026%u2026%u2026%28inflationary%20gap/deflationary%20gap%29.

%28choose%20the%20correct%20alternative%29

10%20The%20impact%20of%20%u201EExcess%20Demand%u201F%20under%20Keynesian%20theory%20of%20income%20and

employment%2C%20in%20an%20economy%20are%3A%20%28choose%20the%20correct%20alternative%29

a.%20decrease%20in%20income%2C%20output%2C%20employment%20and%20general%20price%20level

b.%20decrease%20in%20nominal%20income%2C%20but%20no%20change%20in%20real%20output

c.%20increase%20in%20income%2C%20output%2C%20employment%20and%20general%20price%20level

d.%20no%20change%20in%20output/employment%20but%20increase%20in%20general%20price%20level.%20%26nbsp%3B

11.%20State%20with%20valid%20reason%2C%20which%20of%20the%20following%20statement%20is%20true%20or%20false%3A

a.%20Gross%20Value%20Added%20at%20market%20price%20and%20Gross%20Domestic%20Product%20at

market%20price%20are%20one%20and%20the%20same%20thing.

b.%20Intermediate%20goods%20are%20always%20durable%20in%20nature.

12%20State%2C%20giving%20valid%20reasons%2C%20whether%20the%20following%20statements%20are%20true%20or

false%3A

a.%20Current%20account%20in%20Balance%20of%20Payments%20records%20only%20the%20exports%20and

imports%20of%20goods%20and%20services.

b.%20Borrowings%20from%20abroad%20are%20recorded%20in%20the%20Capital%20Account%20of%20the

Balance%20of%20Payments%20on%20the%20debit%20side.

Or

%u201ETrade%20Deficit%20must%20exist%20if%20a%20country%20is%20facing%20a%20situation%20of%20Current

Account%20Deficit%u201F.

Defend%20or%20refute%20the%20statement%2C%20with%20valid%20argument.

3

3

13%20a.%20Define%20money%20multiplier.

b.%20%u201ECredit%20creation%20is%20inversely%20related%20to%20the%20reserve%20deposit%20ratio%u201F.

Justify%20the%20given%20statement%2C%20using%20a%20hypothetical%20example.

%26nbsp%3B

14%20In%20an%20economy%20C%3D%20200%20+%200.5%20Y%20is%20the%20consumption%20function%20where%20C%20is%20the

consumption%20expenditure%20and%20Y%20is%20the%20national%20income.%20Investment

expenditure%20is%20%u20B9%20400%20crores.

Is%20the%20economy%20in%20equilibrium%20at%20an%20income%20level%20%u20B91500%20crores%3F%20Justify%20your

answer.

Page%20%7C%205

Or

Define%3A%20i%29%20Ex-Ante%20Savings%20ii%29%20Full%20Employment%202+2

15%20%u201EIndia%u201Fs%20GDP%20contracted%2023.9%25%20in%20the%20April-June%20quarter%20of%202020-21%20as

compared%20to%20same%20period%20of%202019-20%2C%20suggesting%20that%20the%20lockdown%20has%20hit

the%20economy%20hard%u201F.%20The%20Hindustan%20Times%2C%201st%20September%202020

State%20and%20discuss%20any%20two%20fiscal%20measures%20that%20may%20be%20taken%20by%20the

Government%20of%20India%20to%20correct%20the%20situation%20indicated%20in%20the%20above%20news

report.

16%20a.%20%u201EDomestic/household%20services%20performed%20by%20a%20woman%20may%20not%20be

considered%20as%20an%20economic%20activity%u201F.

Defend%20or%20refute%20the%20given%20statement%20with%20valid%20reason.

b.%20%u201ECompensation%20to%20the%20victims%20of%20a%20cyclone%20is%20an%20example%20of%20a%20welfare

measure%20taken%20by%20the%20government%u201F.

State%20with%20valid%20reason%2C%20should%20it%20be%20included/not%20included%20in%20the

estimation%20of%20national%20income%20of%20India.

Or

Suppose%20the%20Gross%20Domestic%20Product%20%28GDP%29%20of%20Nation%20X%20was%20%u20B9%202%2C000%20crores

in%202018-19%2C%20whereas%20the%20Gross%20Domestic%20Product%20of%20Nation%20Y%20in%20the%20same

year%20was%20%u20B9%20120%2C000%20crores.%20If%20the%20Gross%20Domestic%20Product%20of%20Nation%20X%20rises

to%20%u20B9%204%2C000%20crores%20in%202019-20%20and%20the%20Gross%20Domestic%20Product%20of%20Nation%20Y

rises%20to%20%u20B9%20200%2C000%20crores%20in%202019-20.

Compare%20the%20rate%20of%20change%20of%20GDP%20of%20Nations%20X%20and%20Y%2C%20taking%202018-19%20as

base%20year.

17%20a.%20Elaborate%20the%20objective%20of%20%u201Eallocation%20of%20resources%u201F%20in%20the

Government%20budget.

b.%20Discuss%20briefly%20how%20the%20Government%20budget%20can%20be%20used%20as%20an

effective%20tool%20in%20the%20process%20of%20employment%20generation.

PART%20B%20-%20INDIAN%20ECONOMIC%20DEVELOPMENT

18%20%u2026%u2026%u2026%u2026%u2026.was%20the%20Indian%20Finance%20Minister%20in%201991%2C%20acknowledged%20for%20his

capabilities%20to%20steer%20away%20the%20economic%20crisis%20looming%20large%20on%20the%20erstwhile

Indian%20Economy.%20%28Choose%20the%20correct%20alternative%29

Page%20%7C%206

a.%20Dr.%20Subramanian%20Swamy%20c.%20Pranab%20Mukherjee

b.%20Dr.%20Manmohan%20Singh%20d.%20Dr.%20Urjit%20Patel%20%26nbsp%3B

19%20India%20entered%20the%20%u2026%u2026%u2026%u2026%u2026%u2026%u2026%u2026%u2026%u2026..stage%20of%20Demographic%20Transition

after%20the%20year%201921.%20%28Choose%20the%20correct%20alternative%29

a.%20forth%20b.%20second%20c.%20third%20d.%20first%20%26nbsp%3B

20%20Read%20the%20following%20statements%20-%20Assertion%20%28A%29%20and%20Reason%20%28R%29.%20Choose

one%20of%20the%20correct%20alternatives%20given%20below%3A

Assertion%20%28A%29%3A%20India%20became%20an%20exporter%20of%20primary%20products%20and%20an

importer%20of%20finished%20consumer%20and%20capital%20goods%20produced%20in%20Britain.

Reason%20%28R%29%3A%20Restrictive%20policies%20of%20commodity%20production%2C%20trade%20and%20tariff

pursued%20by%20the%20colonial%20government%20adversely%20affected%20the%20structure%2C

composition%20and%20volume%20of%20India%u201Fs%20foreign%20trade.

Alternatives%3A

a.%20Both%20Assertion%20%28A%29%20and%20Reason%20%28R%29%20are%20true%20and%20Reason%20%28R%29%20is%20the

correct%20explanation%20of%20Assertion%20%28A%29

b.%20Both%20Assertion%20%28A%29%20and%20Reason%20%28R%29%20are%20true%20and%20Reason%20%28R%29%20is%20not%20the

correct%20explanation%20of%20Assertion%20%28A%29

c.%20Assertion%20%28A%29%20is%20true%20but%20Reason%20%28R%29%20is%20false.

d.%20Assertion%20%28A%29%20is%20false%20but%20Reason%20%28R%29%20is%20true.

Or

Read%20the%20following%20statements%20-%20Assertion%20%28A%29%20and%20Reason%20%28R%29.%20Choose

one%20of%20the%20correct%20alternatives%20given%20below%3A

Assertion%20%28A%29%3A%20The%20major%20policy%20initiatives%20i.e.%20land%20reforms%20and%20green

revolution%20helped%20India%20to%20become%20self-sufficient%20in%20food%20grains%20production.

Reason%20%28R%29%3A%20The%20proportion%20of%20people%20depending%20on%20agriculture%20did%20not

decline%20as%20expected

Alternatives%3A

a.%20Both%20Assertion%20%28A%29%20and%20Reason%20%28R%29%20are%20true%20and%20Reason%20%28R%29%20is%20the

correct%20explanation%20of%20Assertion%20%28A%29.

b.%20Both%20Assertion%20%28A%29%20and%20Reason%20%28R%29%20are%20true%20and%20Reason%20%28R%29%20is%20not%20the

correct%20explanation%20of%20Assertion%20%28A%29.

c.%20Assertion%20%28A%29%20is%20true%20but%20Reason%20%28R%29%20is%20false.

d.%20Assertion%20%28A%29%20is%20false%20but%20Reason%20%28R%29%20is%20true.

21%20Read%20the%20following%20statements%20-%20Assertion%20%28A%29%20and%20Reason%20%28R%29.%20Choose

one%20of%20the%20correct%20alternatives%20given%20below%3A

Assertion%20%28A%29%3A%20Every%20year%20government%20fixes%20a%20target%20for%20disinvestment%20of

Public%20Sector%20Enterprises%20%28PSEs%29.

Reason%20%28R%29%3A%20Disinvestment%20is%20an%20excellent%20tool%20for%20discarding%20the%20loss

incurring%20Public%20Sector%20Enterprises%20%28PSEs%29.

Alternatives%3A

a.%20Both%20Assertion%20%28A%29%20and%20Reason%20%28R%29%20are%20true%20and%20Reason%20%28R%29%20is%20the

correct%20explanation%20of%20Assertion%20%28A%29

b.%20Both%20Assertion%20%28A%29%20and%20Reason%20%28R%29%20are%20true%20and%20Reason%20%28R%29%20is%20not%20the

correct%20explanation%20of%20Assertion%20%28A%29

c.%20Assertion%20%28A%29%20is%20true%20but%20Reason%20%28R%29%20is%20false.

d.%20Assertion%20%28A%29%20is%20false%20but%20Reason%20%28R%29%20is%20true.

22%20From%20the%20set%20of%20events/systems%20given%20in%20column%20I%20and%20corresponding%20relevant

fact%20given%20in%20column%20II%2C%20about%20China%2C%20choose%20the%20correct%20pair%20of%20statement%3A

Column%20I%20Column%20II

A%20Great%20Leap%20Forward%20i%20Cultivating%20land%20Collectively

B%20Commune%20System%20ii%20Opening%20of%20the%20Industries%20in%20their%20homes

C%20Proletarian%20Cultural

revolution

iii%20Students%20were%20sent%20to%20work%20and%20learn

from%20the%20countryside

D%20Economic%20Reforms%20in

China

iv%201988

Alternatives%3A

a%29%20A%20-%20i%20b%29%20B%20-%20ii%20c%29%20C%20-%20iii%20d%29%20D%20%u2013%20iv

23%20%u2026%u2026%u2026%u2026%u2026adopted%20%u201EOne%20Child%20Policy%u201F%20as%20a%20measure%20to%20control

population.%20%28Choose%20the%20correct%20alternative%29

a.%20India%20c.%20Pakistan

b.%20China%20d.%20Russia%20%26nbsp%3B

Page%20%7C%208

Read%2C%20the%20following%20hypothetical%20Case%20Study%2C%20carefully%20and%20answer%20the

question%20numbers%2024%20-%2027%20on%20the%20base%20of%20the%20same.

Since%20ages%2C%20farmers%20in%20India%20have%20taken%20recourse%20to%20debt.%20In%20the%20earlier%20times

the%20same%20was%20from%20informal%20sources.%20Since%20independence%20with%20the%20efforts%20of

the%20government%2C%20formal%20sector%20has%20actively%20come%20into%20picture.%20Farmers

borrow%20not%20only%20to%20meet%20their%20investment%20needs%20but%20also%20to%20satisfy%20their

personal%20needs.%20Uncertainty%20of%20income%20caused%20by%20factors%20likes%20crop%20failure

caused%20by%20irregular%20rainfall%2C%20reduction%20in%20ground%20water%20table%2C%20locust/other

pest%20attack%20etc.%20These%20reasons%20push%20them%20into%20the%20clutches%20of%20the%20private

money%20lenders%2C%20who%20charge%20exorbitant%20rates%20of%20interest%20which%20add%20to%20their

miseries.

Various%20governments%20in%20India%2C%20at%20different%20times%20for%20different%20reasons%2C

introduced%20debt%20relief/waiver%20schemes.%20These%20schemes%20are%20used%20by

governments%20as%20a%20quick%20means%20to%20extricate%20farmers%20from%20their%20indebtedness%2C

helping%20to%20restore%20their%20capacity%20to%20invest%20and%20produce%2C%20in%20short%20to%20lessen%20the

miseries%20of%20the%20farmers%20across%20India.%20The%20costs%20and%20benefits%20of%20such%20debt

relief%20schemes%20are%2C%20however%2C%20a%20widely%20debated%20topic%20among%20economists.

Some%20economists%20argue%20that%20such%20schemes%20are%20extremely%20beneficial%20to%20the

poor%20and%20marginalised%20farmers%20while%20others%20argue%20that%20these%20schemes%20add%20to

the%20fiscal%20burden%20of%20the%20government%2C%20others%20believe%20that%20these%20schemes%20may

develop%20the%20expectation%20of%20repeated%20bailouts%20among%20farmers%20which%20may%20spoil

the%20credit%20culture%20among%20farmers.

24%20Uncertainty%20of%20income%20for%20farmers%20in%20India%20is%20majorly%20caused%20by

%u2026%u2026%u2026%u2026%u2026..%20%28irregular%20rainfall/unavailability%20of%20loans%29.

25%20Some%20economists%20argue%20that%20debt%20waiver%20schemes%20are%20extremely%20beneficial%20to

the%20poor%20and%20marginalised%20farmers%2C%20as%20these%20schemes%20reduce%20the%20burden%20of

%u2026%u2026%u2026%u2026%u2026%u2026.%28indebtedness/personal%20expenditures%29

26%20The%20rural%20banking%20structure%20in%20India%20consists%20of%20a%20set%20of%20multi-agency

institutions.%20%u2026%u2026%u2026%u2026%u2026%u2026%u2026%u2026%u2026%20%28Regional%20Rural%20Banks%20/%20Small%20Industries

Development%20Bank%20of%20India%29%20is%20expected%20to%20dispense%20credit%20at%20cheaper%20rates

for%20agricultural%20purposes%20to%20farmers.

Page%20%7C%209

27%20%u2026%u2026%u2026%u2026%u2026%u2026%u2026%u2026.%20%28Regional%20Rural%20Banks/%20Land%20Development%20Banks%29%20is

the%20most%20prominent%20body%20responsible%20for%20providing%20loans%20for%20long%20term%20land

development.%20%26nbsp%3B

28%20%u201EIndia%20has%20emerged%20as%20a%20hotspot%20for%20medical%20tourism%u201F.%20Defend%20the%20statement

with%20valid%20arguments.

Or

Discuss%20any%20two%20steps%20taken%20by%20the%20government%20in%20the%20direction%20of%20improving

agricultural%20marketing%20system%20in%20India%2C%20since%20independence.

29%20Discuss%20briefly%20the%20concept%20of%20%27informalisation%20of%20workforce%27%2C%20in%20the%20context

of%20Indian%20economy.%20%26nbsp%3B

30%20%u201CAgriculture%20sector%20appears%20to%20be%20adversely%20affected%20by%20the%20economic%20reform

process.%u201D%20Explain%20the%20given%20statement.

31%20%u201EAtamnirbhar%20Bharat%u201F%20had%20been%20at%20the%20roots%20of%20the%20Indian%20planning%20process%20in

the%20form%20of%20%u201Eself%20reliance%u201F%20as%20an%20objective%20of%20the%20planning%20process.

Do%20you%20agree%20with%20the%20given%20statement%3F%20Justify%20the%20rationale%20of%20the%20given

statement.

Or

Discuss%20briefly%20any%20two%20major%20steps%20taken%20by%20the%20Government%20of%20India%20on

%u201EFinancial%20Sector%u201F%20front%20under%20the%20Economic%20Reforms%20of%201991.

32%20Compare%20and%20analyse%20the%20given%20data%20of%20India%20and%20China%20with%20valid

arguments.

Annual%20Growth%20of%20Gross%20Domestic%20Product%20%28%25%29%2C%201980-2017

COUNTRY%201980-90%202015-2017

India%205.7%207.3

China%2010.3%206.8

Source%3A%20Key%20Indicators%20for%20Asia%20and%20Pacific%202016%2C%20Asian%20Development%20Bank%2C%20Philippines%3B%20World

Development%20Indicators%202018.

33%20a.%20%u201EIf%20the%20rate%20of%20resource%20extraction%20exceeds%20the%20rate%20of%20regeneration%2C%20it

leads%20to%20reduction%20in%20carrying%20capacity%20of%20the%20environment.%u201D

Discuss%20the%20rationale%20of%20the%20given%20statement%20with%20valid%20reasons.

b.%20%u201ECalorie-based%20norm%20is%20not%20an%20adequate%20measure%20to%20identify%20the%20poor.

Establish%20the%20rationale%20of%20the%20given%20statement%20with%20valid%20reasons.

Or

a.%20Why%20are%20less%20women%20found%20in%20regular%20salaried%20employment%3F

b.%20Analyse%20the%20recent%20trends%20in%20sectoral%20distribution%20of%20workforce%20in

India%3A

Trends%20in%20Employment%20Pattern%20%28Sector%20wise%29%2C%201993-2012%20%28in%20%25%29

Sector%201993-94%201999-2000%202011-2012

Primary%2064%2060.4%2024.3

Secondary%2016%2015.8%2024.3

Services%2020%2023.8%2026.8

34%20State%2C%20giving%20valid%20reasons%20whether%20the%20following%20statements%20are%20true%20or

false.

a.%20Since%20independence%2C%20the%20benefits%20of%20the%20increase%20in%20economic%20growth

in%20India%20have%20trickled%20down%20to%20the%20people%20at%20the%20bottom%20of%20population

pyramid.

b.%20Human%20Capital%20Formation%20gives%20birth%20to%20innovation%2C%20invention%20and

technological%20improvements.

c.%20There%20exists%20an%20inverse%20correlation%20between%20infrastructural%20growth

and%20national%20income.%26nbsp%3B

%3Ca%20class%3D%22mention%22%20data-mention%3D%22%23CBSE%22%20data-user-id%3D%22yZaYcoV3XBP0%22%20href%3D%22/topic/cbse%22%3E%23CBSE%3C/a%3E%20%3Ca%20class%3D%22mention%22%20data-mention%3D%22%23Exam%22%20data-user-id%3D%226rWTxAlTLhSb%22%20href%3D%22/topic/exam%22%3E%23Exam%3C/a%3E%20%3Ca%20class%3D%22mention%22%20data-mention%3D%22%23Education%22%20data-user-id%3D%22pDJ4XmrPLztN%22%20href%3D%22/topic/education%22%3E%23Education%3C/a%3E%26nbsp%3B