Economics

Questions Bank

Part B    INDIAN ECONOMIC DEVELOPMENT

  • Infrastructure refers to all such activities, services and facilities, which are needed to provide different kinds of services in an economy. It contributes to economic development of a country both by raising the productivity of factors of production and improving the quality of life of its people
    2018-02-13 15:34:34
  • Importance of Infrastructure are: (i) Raises Productivity; (ii) Provides Employment; (iii) Induces Foreign Investments; (iv) Raises Ability of Work; (v) Facilitates Out-Sourcing; (vi) Raises Economic Development
    2018-02-13 15:34:11
  • Classification of Energy are (i) Conventional Sources of Energy and (ii) Non Conventional Source of Energy
    2018-02-13 15:33:26
  • Conventional Sources of Energy are those sources which are known to us and which are popularly in use since a very long time. Commercial and non-commercial sources of energy are known as conventional sources of energy. Example are coal, petroleum, electricity
    2018-02-13 15:32:55
  • Non Conventional Sources of Energy are those sources which have been discovered or explored only in the recent past and which are yet to gain popularity for their use. Solar energy, wind energy and tidal power are non-conventional sources of energy
    2018-02-13 15:32:04
  • Primary Sources of Energy are the sources which are available to use as free system of nature and which do not need any transformation before they are used as source of energy. Example Coal, Lignite, Petroleum
    2018-02-13 15:31:39
  • Final Sources of Energy they are those sources where energy is used as a final product. Example electricity power
    2018-02-13 15:31:16
  • Atomic Energy is an important source of electric power. It has environmental advantages and is also likely to be economical in the long-run
    2018-02-13 15:30:48
  • Health Infrastructure includes hospitals, doctors, nurses and other para-medical professionals, beds, equipments required in hospitals and a well developed pharmaceutial industries
    2018-02-13 15:30:23
  • Thermal Power is the power generated from coal
    Hydroelectric Power is the power generated from  the water of fast flowing river and high dams.
    Nuclear Power or Atomic Power, means when electricity is generated from radioactive elements like uranium, thorium and plunium
    2018-02-13 15:29:57
  • 2018-02-13 15:29:17

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