Indian Economy In Global Context

Indian Economy in Global Context. Test Paper (Mid-Term) Each question carries 20 marks. 1. What was the state of Indian economy in the first half of the twentieth century under British Raj. Analyse 2. How will you evaluate the era of Nehruvian Socialism and its impact on Indian economy. Was it good or bad? Justify. 3. Evaluate the economic policy shift towards license raj and fanatic socialism - its causes and effects. 4. Do a critical analysis of Indian economy in LPG( Liberalisation Globalisation & Privatisation) era i.e. post 1991. 5. Compare Indian economy with other developing economies like China, S.Korea and what India can learn from them.