Tuesday 8 October 2024

Free Nios Economics (318) Solved Tutor Mark Assignment (TMA) 2024-25

 Free Nios Economics (318) Solved Tutor Mark Assignment (TMA) 2024-25

Nios Class 10 Tutor Marked Assignment 2024-25 March/April 2025 & Ocotber/November 2025 Exam

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Economics

(318)

                             Tutor Mark Assignment (TMA) 2024-25

1. Answer any one of the following questions in about 40 to 60 words.

Q. (a) ‘Industrial Policy Resolution, 1956 has been proved as a boon for industrial development of Indian economy’ comment on the statement.

 

Ans. The Industrial Policy Resolution of 1956 was crucial for India's industrial development. It emphasized public sector dominance in strategic industries like defense and railways, while allowing the private sector to operate in non-strategic areas, fostering a mixed economy. The policy aimed at reducing regional disparities and promoting balanced growth by encouraging industries in underdeveloped regions. It also focused on heavy industries and infrastructure, aiding technological advancement. Although it led to industrial growth, excessive state control created inefficiencies, prompting later economic reforms. Nonetheless, the 1956 policy laid the foundation for India’s industrial expansion.

 

2. Answer any one of the following questions in about 40 to 60 words.

Q. (a) Distinguish between primary data and secondary data for statistical investigation.

Ans. Primary data refers to information collected first hand by the researcher directly from original sources for a specific purpose. It is raw, unprocessed, and obtained through methods like surveys, interviews, and experiments.

Secondary data, on the other hand, is data that has already been collected, processed, and published by others for purposes other than the current research. It is obtained from sources such as books, reports, government records, and online databases.

In short, primary data is original and specific to the researcher's needs, while secondary data is pre-existing and used for reference or analysis.

3. Answer any one of the following questions in about 40 to 60 words.

Q. (a) Inequality in income distribution and regional inequality creates obstacles in the way of Indian economic development. Explain in detail.

 

Ans. Income and regional inequality hinder India’s economic development. Wealth is concentrated among the top 10%, leaving the lower-income population with limited access to education, healthcare, and opportunities, reducing overall productivity. Regional disparities also persist, with industrialized states like Maharashtra and Gujarat thriving, while Bihar and Uttar Pradesh lag behind in infrastructure and investment. This imbalance leads to social unrest, migration, and inefficient resource allocation. Additionally, inequality limits consumer demand and participation in the economy, forcing the government to focus on welfare over long-term development. Reducing these inequalities is crucial for sustained and inclusive economic growth.

 

4. Answer any one of the following questions in about 100 to 150 words.

Q. (b) “Various stages of statistical enquiry applied to complete research work based on statistical data.” Elaborate the statement.

Ans.  The stages of statistical enquiry are crucial for conducting research work based on statistical data. Here's how they apply:

1.     Collection of Data: It is the foundation of any research. Primary data is collected through surveys, observations, or experiments, while secondary data is gathered from published sources.

2.     Organization of Data: Data is organized by classifying it into different categories to facilitate comparison and analysis.

3.     Presentation of Data: Data is then presented in textual, tabular, or graphical forms for clarity and ease of understanding.

4.     Analysis of Data: Statistical tools like mean, median, or mode are applied to derive meaningful insights from the data.

5.     Interpretation of Data: Finally, the data is interpreted to draw conclusions and formulate policies. Accurate interpretation is essential for informed decision-making.

This structured process ensures accurate, insightful, and actionable research outcomes.

5. Answer any one of the following questions in about 100 to 150 words.

Q. (a) “The study of macroeconomics variables is essential for the formulation of policy and the economic development of a country.” Justify the statement with suitable illustrations.

 

Ans. The statement emphasizes the importance of studying macroeconomic variables in shaping effective policies and promoting economic development. Here’s a justification with illustrations:

1.     Economic Growth: Understanding variables like GDP (Gross Domestic Product) helps policymakers gauge economic performance. For example, if GDP growth is sluggish, governments may implement stimulus packages to boost demand and investment.

2.     Inflation Control: Monitoring inflation rates is crucial. For instance, high inflation can erode purchasing power, leading to policies that adjust interest rates. The Federal Reserve often raises rates to combat inflation, aiming to stabilize prices.

3.     Unemployment Rates: High unemployment can indicate economic distress. Analyzing this variable enables governments to create job programs or tax incentives for businesses to encourage hiring. Countries like Germany have successfully reduced unemployment through targeted labor policies.

4.     Balance of Payments: Studying exports and imports helps maintain economic stability. For example, countries facing trade deficits may implement tariffs to protect domestic industries, promoting local production and job creation.

5.     Fiscal and Monetary Policies: Macroeconomic variables guide decisions on taxation and government spending. For example, during a recession, increasing public spending can stimulate economic activity, as seen in the U.S. during the 2008 financial crisis.

In conclusion, analyzing macroeconomic variables is vital for formulating policies that foster economic stability, growth, and development.

 

6.  Prepare any one project out of the following.

(a) Prepare a project on Poverty Alleviation and Unemployment Programmes in India under the following headings

·      Design of the cover – page

·      Acknowledgement

·      Introduction

·      Objectives Various 5 Programmes after period of the year 2000 onwards with its objectives, targets and achievements                                                              Conclusion

 

Ans.                                                   

   Project Work

 

Poverty Alleviation and Unemployment Programmes in India

Cover Page Design

  • Title: Poverty Alleviation and Unemployment Programmes in India
  • Subtitle: A Study of Initiatives Post-2000
  • Your Name: Soina Sharma
  • Class/Standard: 12th Standard
  • School Name: National School of Open Learning
  • Date: 25-09-2024

Acknowledgement

I would like to express my sincere gratitude to everyone who contributed to the completion of this project. Special thanks to my teachers for their guidance and support, my family for their encouragement, and my classmates for their collaboration and insights.

Introduction

Poverty and unemployment are significant challenges facing India, affecting millions of people. Since the year 2000, the Indian government has implemented various programs aimed at alleviating poverty and reducing unemployment. These initiatives focus on providing financial assistance, creating job opportunities, and enhancing skill development among the marginalized sections of society.

Objectives

  • To analyze the impact of various poverty alleviation and unemployment programs in India.
  • To understand the objectives and achievements of these programs.
  • To assess the effectiveness of these initiatives in improving the living standards of the underprivileged.

Various Programs Post-2000

  1. Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)
    • Objectives: To provide at least 100 days of guaranteed wage employment in a financial year to every rural household.
    • Targets: Aimed at enhancing livelihood security in rural areas.
    • Achievements: As of 2021, it has provided employment to over 11 crore households and has been instrumental in reducing rural poverty.
  2. National Rural Livelihood Mission (NRLM)
    • Objectives: To promote self-employment and organization of rural poor into self-help groups (SHGs).
    • Targets: Targeting 8-10 crore rural households by 2024.
    • Achievements: Over 7 crore households have been mobilized into SHGs, leading to improved income levels.
  3. Pradhan Mantri Awas Yojana (PMAY)
    • Objectives: To provide affordable housing to the urban poor and improve their living conditions.
    • Targets: Targeting the construction of 1.12 crore houses by 2022.
    • Achievements: As of 2021, over 1 crore houses have been sanctioned, significantly improving shelter conditions.
  4. Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
    • Objectives: To reduce poverty by promoting self-employment and organization of rural poor into SHGs.
    • Targets: To bring 5 crore rural households above the poverty line by 2024.
    • Achievements: It has successfully organized millions of women into SHGs, increasing their income through various livelihoods.
  5. Skill India Mission
    • Objectives: To train over 400 million people in different skills by 2022.
    • Targets: Enhance the employability of youth in the country.
    • Achievements: Thousands of training centers have been established, with millions trained, leading to improved employment opportunities.

Conclusion

The various poverty alleviation and unemployment programs initiated by the Indian government since 2000 have made significant strides in addressing the issues of poverty and unemployment. By focusing on employment generation, skill development, and financial inclusion, these programs aim to empower the marginalized sections of society. Continuous monitoring and enhancement of these initiatives are essential to ensure sustainable economic growth and improved living standards for all citizens.

 

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