IGNOU BECE 146 Solved Assignment English Medium 2023-24

Free BECE 146 Solved Assignment English Medium 2023-24 for July 2023 and January 2024 Session, All IGNOU Assignments (Programme Wise) · Master's Degree Programmes · Bachelor's Degree Programmmes · P.G. Diplomaa Programmes · Diploma Programmes · Certificate Programmes. IGNOU Assignment 2023-24 (UPDATED) Get Here. IGNOU Assignment Status 2023-24, Marks, Grade Card, Practical Submission

B.E.C.E – 146

INDIAN ECONOMY II IGNOU BECE 146 Solved Assignment 2023-24

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NOTE: All questions are compulsory.

A. Long Answer Questions (word limit - 500 words) 2 × 20 = 40 marks

Q1) What is meant by ‘regionalism’? In this context, distinguish between bilateralism and multilateralism.

In the context of international relations and diplomacy, regionalism refers to the process of countries coming together within a specific geographic region to pursue common goals, address shared challenges, and promote regional integration. It involves cooperation and collaboration among neighboring or geographically close nations.

Regionalism can take various forms, ranging from economic integration agreements and regional organizations to security alliances and cultural exchanges. The primary objective is to foster closer ties and cooperation among countries within the region, leading to increased stability, development, and mutual benefits.

On the other hand, bilateralism and multilateralism are two different approaches to international relations.

Bilateralism refers to the relationship between two countries, where they engage directly with each other on various issues, usually through negotiations and agreements. It is a more focused and specific form of cooperation between two nations, typically addressing their mutual interests, such as trade, security, or cultural exchange. Bilateral agreements can be bilateral treaties, trade deals, or any other type of understanding between two countries.

Multilateralism, on the other hand, involves the participation and collaboration of multiple countries on a particular issue or within a specific forum or organization. It refers to the practice of addressing global challenges and pursuing common goals through collective action by multiple nations. Multilateralism emphasizes the importance of involving various stakeholders and considering diverse perspectives to reach consensus and make decisions that have broader international implications. Examples of multilateral organizations include the United Nations (UN), World Trade Organization (WTO), and the International Monetary Fund (IMF).

In summary, regionalism focuses on cooperation and integration within a specific geographic region, while bilateralism and multilateralism are different approaches to international relations, with bilateralism involving direct cooperation between two countries and multilateralism involving collaboration among multiple countries on a global scale.

Q2) Compare the growth profile of the Services Sector with that of Agricultural and Industrial Sectors in India over the period 2013-2019.

From 2013 to 2019, the Services sector in India exhibited a robust growth profile compared to the Agricultural and Industrial sectors. The Services sector includes a wide range of activities such as banking, finance, telecommunications, retail, tourism, healthcare, and professional services.

During this period, the Services sector in India experienced significant expansion, driven by factors such as urbanization, rising incomes, increasing consumer demand, and advancements in technology. The sector witnessed steady growth rates, contributing significantly to the country's GDP. It became the largest sector in terms of GDP share, surpassing both Agriculture and Industry.

On the other hand, the Agricultural sector, which encompasses farming, forestry, and fishing, faced several challenges during this period. It encountered issues such as inadequate infrastructure, weather-related uncertainties, low productivity, and limited access to credit and technology. As a result, the growth of the Agricultural sector was comparatively slower than that of the Services sector.

Similarly, the Industrial sector, which includes manufacturing, mining, construction, and power generation, also faced some hurdles during this period. It struggled with factors like policy bottlenecks, infrastructure constraints, regulatory challenges, and a slowdown in global demand. As a result, the Industrial sector's growth was relatively moderate compared to the Services sector.

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The Services sector's growth was primarily driven by the expanding middle class, increasing urbanization, and the rise of the digital economy. The sector also benefited from the government's focus on reforms, such as the introduction of the Goods and Services Tax (GST), which aimed to streamline taxation and boost efficiency.

Overall, the Services sector exhibited a stronger growth profile compared to the Agricultural and Industrial sectors in India during the period from 2013 to 2019. This trend highlights the ongoing shift in the Indian economy towards services-led growth, reflecting the country's evolving economic structure.

B. Medium Answer Questions (word limit - 250 words)

Q3) Discuss the concepts of ‘convertibility’ and ‘deficit of accounts’.

Q4) Write a note on the ‘Concepts of Productivity’.

Q5) Do you think that the approach of Crop Insurance and Contract Farming are helpful for small farmers in Indian agriculture? Explain.

C. Short Answer Questions (word limit - 100 words)

Q6) Differentiate between:

(a) FDI and FII.

(b) Organised Sector and Unorganised Sector.

(c) Goods Markets and Factor Markets.

Q7) Write short notes on the following.

(a) Diversification of Agriculture.

(b) De Minimus.

(c) Competition Commission of India.

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