Question 1.
Enumerate the role of deficit financing as a mode either of productive mobilisation of domestic factor endowments or of generating effective demand for domestic goods and services in Indian Economic context since 1970s. (200 words)
Question 2.
Write an account of the problem of increasing unemployment and under-employment in the Indian Economy. Are the measures taken by the government effective in checking the above problem. If not, suggest alternative measures that are used by developing and developed countries in countering unemployment and underemployment. (200 words)
