Answer all the problems described below:

Section A: Long Answer problems (word limit 500 words)

problem 1: The ultimate remedy to the problem of ‘balance of payment’ lies in our ability to produce large exports. Describe.

problem 2: Describing the concept of ‘collective bargaining’, discuss its status as it obtained by the late 1990s in India.

Section B: Medium Answer problems (word limit 250 words)

problem 3: Outline the role of planning in the economic development.

problem 4: Describe the two significant features of New Forest Policy, 1988.

problem 5: Productivity raise is the main source of impressive growth of agricultural output in the later years of green revolution period. Describe.

problem 6: Illustrate in short the circumstances under which the economic reforms program was introduced in India.

Section C: Short Answer problems (word limit 100 words)

problem 7: prepare a brief note on the problems related with ‘privatization’.

problem 8: What is meant by the term ‘inappropriate technology’?.