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11th Standard English Medium Economics Subject Development Experiences in India Creative 2 Mark Questions with Solution Part - II updated Creative Questions

Published on: 13/05/2022

QB365 provides detailed and simple solution for every Creative Questions in class 11 Economics Subject. It will helps to get more idea about question pattern in every Creative questions with solution.

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Download Tamil Nadu 11th Standard Economics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.

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Std: 11th Standard - Economics

chapter: - Creative Questions

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Questions:

Generic 2

5 x 2 = 10

Define Liberalization?

What is "EXIM POLICY (2015 - 2020)"?

What are the negative effects of Liberalisation?

What are the negative effects of Globalisation?

What do you mean by Agricultural Produce Market Committee?

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Answers Key:

Generic 2

5 x 2 = 10

Liberalization refers to removal of relaxation of governmental restrictions in all stages in industry.

The new EXIM Policy has been formulated focusing on increasing in Export scenario boosting production and supporting the concepts like Make in India and Digital India.

(i) Increase in unemployment
(ii) Decrease in tax receipts

(i) Cut throat competitions
(ii) Rise in Monopoly
(iii) Discourage domestic Firms
(iv) Increase in inequalities

Under the Agricultural Produce market Committee (APMC) Act 2003, the Agricultural Produce Market Committee (APMC) is a statutory body constituted by state government in order to trade in agriculture or horticulture or livestock products.