SEBA Class 10 Social Science Important Chapter 11 Economic Development

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SEBA Class 10 Social Science Important Chapter 11 Economic Development

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Economic Development

Chapter: 11

PART – III: ECONOMICS

IMPORTANT QUESTION ANSWER

Short Question & Answers:

1. When was the first Human Development Report published?

Ans: The first Human Development Report was published in 1990.

2. Who prepares the Human Development Index?

Ans: The United Nations Development Programme (UNDP) prepares the Human Development Index.

3. When was the NITI Aayog formed?

Ans: The NITI Aayog was formed on January 1, 2015.

4. Who is the Chairman of NITI Aayog?

Ans: The Prime Minister of India is the Chairman of the NITI Aayog.

5. When did the first Five-Year Plan start in India?

Ans: The first Five-Year Plan in India started on April 1, 1951.

6. What are the three main indicators of human development?

Ans: The three main indicators of human development are life expectancy, education, and standard of living.

7. When was the economic reform policy introduced in India?

Ans: The economic reform policy was introduced in India in 1991.

8. When was the Brundtland Commission formed?

Ans: The Brundtland Commission was formed in 1987.

9. By what other name is the ‘Brundtland Commission’ known?

Ans: The ‘Brundtland Commission’ is also known as the ‘World Commission on Environment and Development’.

10. When did the Green Revolution start in India?

Ans: The Green Revolution started in India in the mid-sixties.

11. What is the full form of NITI?

Ans: The full form of NITI is the National Institution for Transforming India.

12. Who introduced the concept of Sustainable Development?

Ans: The concept of Sustainable Development was introduced by the Brundtland Commission.

13. What are the three main principles of economic reform?

Ans: The three main principles of economic reform are Liberalization, Privatization, and Globalization.

14. What was India’s rank according to the 2015 Human Development Index?

Ans: According to the 2015 Human Development Index, India ranked 130th out of 188 countries in the world.

15. What is the concept of a “borderless world” associated with?

Ans: The concept of a borderless world is associated with Globalization.

Long Question & Answers:

1. Write the difference between Economic Growth and Economic Development.

Ans: The differences between Economic Growth and Economic Development are as follows:

Economic Growth	Economic Development
The concept of economic growth is limited.	The concept of economic development is broad.
Economic growth refers only to an increase in national income or per capita income.	Economic development refers to overall development, which includes an increase in national income along with the equal distribution of income, and improvements in the health, education, and standard of living of the people.

2. What are the indicators of human development? Describe briefly.

Ans: The three main indicators of human development are:

(a) Life Expectancy: Life expectancy is the number of years a child is expected to live at the time of birth.

(b) Education: Education determines the level of knowledge, and it depends on the adult literacy rate and the enrolment ratio in educational institutions.

(c) Standard of Living: Poverty and the lack of essential health services act as barriers to improving the standard of living.