#### Economics of Development and Planning Two Marks Questions

12th Standard EM

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Economics

Time : 00:45:00 Hrs
Total Marks : 30
15 x 2 = 30
1. Define economic development

2. Mention the indicators of development.

3. Distinguish between economic growth and development

4. Define economic planning

5. What are the social indicators of economic development?

6. Write a short note on NITI Aayog

7. What do you mean by New Welfare Oriented Approach?

8. Write any three non-economic factors

9. What do you mean by planning?

10. What is centralized planning?

11. What is human capital?

12. What is the idea of many economists about planning?

13. What is short term planning?

14. What is long term planning?

15. What are the two main approaches to the concept of development?