UPSC Exam > UPSC Videos > NCERT Video Summary: Class 6 to Class 12 (English) > Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal
Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal Video Lecture | NCERT Video Summary: Class 6 to Class 12 (English) - UPSC
|
476 videos|360 docs
|
FAQs on Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal Video Lecture - NCERT Video Summary: Class 6 to Class 12 (English) - UPSC
| 1. What is the concept of liberalisation in the context of the Indian economy? |  |
Ans. Liberalisation refers to the process of removing government regulations and restrictions on various sectors of the economy. In the Indian context, it involved reducing the role of the government in regulating industries, allowing private players to enter various sectors, and encouraging foreign investment. This was done to promote competition, efficiency, and economic growth.
| 2. What is the significance of privatisation in the Indian economy? | |
Ans. Privatisation refers to the transfer of ownership and control of public sector enterprises to private entities. In the Indian economy, privatisation aimed to improve the efficiency and performance of public sector enterprises, reduce the burden on the government, and attract private investment. It also aimed to promote competition and innovation in sectors previously dominated by public enterprises.
| 3. What are the benefits of globalisation in the Indian economy? | |
Ans. Globalisation refers to the integration of economies through the exchange of goods, services, capital, and technology. In the Indian economy, globalisation has brought several benefits. It has expanded market access for Indian businesses, facilitated the inflow of foreign direct investment, increased exports, and created employment opportunities. Globalisation has also led to the transfer of technology and knowledge, fostering innovation and growth.
| 4. What are the challenges faced by the Indian economy due to liberalisation, privatisation, and globalisation? | |
Ans. While liberalisation, privatisation, and globalisation have brought significant benefits, they have also posed challenges to the Indian economy. Some challenges include rising income inequality, increased competition for domestic industries, vulnerability to global economic shocks, and environmental concerns. Additionally, there have been concerns about the exploitation of labor, loss of traditional industries, and the need for effective regulations to prevent market failures.
| 5. How has liberalisation, privatisation, and globalisation impacted the Indian agriculture sector? | |
Ans. Liberalisation, privatisation, and globalisation have had mixed impacts on the Indian agriculture sector. While they have opened up opportunities for agricultural exports, improved access to technology, and increased market integration, they have also posed challenges. Indian farmers have faced competition from imported agricultural products, the risk of price fluctuations in the global market, and unequal benefits of trade liberalisation. The sector has also witnessed a shift towards cash crops and commercial farming, impacting traditional agricultural practices.
Related Exams
About this Video
|
4.60/5 Rating |
|
Dec 19, 2024 Last updated |
Video Description: Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal for UPSC 2024 is part of NCERT Video Summary: Class 6 to Class 12 (English) preparation.
The notes and questions for Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal have been prepared according to the UPSC exam syllabus.
Information about Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal covers all important topics for UPSC 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal.
Introduction of Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal in English is available as part of our NCERT Video Summary: Class 6 to Class 12 (English) for UPSC & Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal in
Hindi for NCERT Video Summary: Class 6 to Class 12 (English) course. Download more important topics related with notes, lectures and mock test series for
UPSC Exam by signing up for free.
Description
Video Lecture & Questions for Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal Video Lecture | NCERT Video Summary: Class 6 to Class 12 (English) - UPSC - UPSC full syllabus preparation | Free video for UPSC exam to prepare for NCERT Video Summary: Class 6 to Class 12 (English).
Information about Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal
Here you can find the meaning of Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal defined & explained in the simplest way possible.
Besides explaining types of Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal theory, EduRev gives you an ample number of questions to practice Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal tests,
examples and also practice UPSC tests.
|
476 videos|360 docs
|
|
Explore Courses for UPSC exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Sample Paper
,Semester Notes
,Privatisation & Globalisation: An Appraisal Video Lecture | NCERT Video Summary: Class 6 to Class 12 (English) - UPSC
,Privatisation & Globalisation: An Appraisal Video Lecture | NCERT Video Summary: Class 6 to Class 12 (English) - UPSC
,study material
,Indian Economy: Liberalisation
,Summary
,Indian Economy: Liberalisation
,shortcuts and tricks
,Indian Economy: Liberalisation
,ppt
,past year papers
,practice quizzes
,Privatisation & Globalisation: An Appraisal Video Lecture | NCERT Video Summary: Class 6 to Class 12 (English) - UPSC
,Objective type Questions
,MCQs
,Viva Questions
,Exam
,Extra Questions
,video lectures
,mock tests for examination
,Free
,Important questions
,Previous Year Questions with Solutions
;
Study Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal on the App
Students of UPSC can study Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Indian Economy: Liberalisation, Privatisation & Globalisation: An Appraisal is prepared as per the latest UPSC syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup