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Economics · 2022 · 3 marks
Comparative Development Experiences of India and its NeighboursDevelopment Strategies — An Appraisal3 marksAnalyseshort answer
CBSE 2022 · Region 2 · Set 1 · Q10
“India and Pakistan initiated their journey of development, nearly at the same time, yet the two economies have travelled different distances.” Justify the given statement with valid arguments.
Marking-scheme solution
It is true that India and Pakistan started their journey of development nearly at the same time, in a similar way.
Both the nations adopted policies like Economic Planning, dominance of public sector, high public expenditure etc. in the post $\displaystyle 1947$ period.
There has been a decline in the annual growth of GDP in Pakistan over the year, whereas India met with moderate increase in GDP.
The probable reasons for slower growth in Pakistan are political instability, overdependence on remittance and foreign aid along with volatile performance of agricultural sector.
However, India met with greater success owing to efficient economic planning and better implementation vis-a-vis Pakistan.
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CBSE Class 12 Economics past-paper question from the 2022board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.