Q. 85.0( 7 Votes )
What were the major consequences of the disintegration of the Soviet Union for countries like India?
The major consequences of the disintegration of the USSR upon countries like India were:
• In the economic area, financial aid from Soviet to India almost dried due to the disintegration of the USSR. This was also one of the reasons for balance of payments crisis of India in 1991.
• Bilateral trade between USSR and India largely deteriorated after the disintegration. However, now it is in a better position.
• Multipolar system was preferred over a bipolar system, after the Second World War, where no single power could prevail and dominate over another. In such a situation, NAM countries (countries that accepted and were a part of the Non Aligned movement) could play an important role in world politics, of which India was also a part.
• Although India had always been a non aligned state, it was more inclined towards USSR and had friendly relations with it. India and USSR had a healthy trade of economic and military goods. USSR was like a ‘parent state’ to India. Therefore, in cold war when USSR was defeated, not only did it weaken the soviet but also cast its weakening effect upon India and its security and strategic interests were badly impacted.
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Which one of the following was not given primacy by the makers of the Soviet System?
a) Abolition of private property.
b) Society based on the principle of equality.
c) No opposition party to be allowed.
d) No state control over economyPolitical Science - Board Papers
The value of the ruble declined dramatically. The rate of inflation was so high that people lost all their savings. The collective farm system disintegrated leaving people without food security, and the government started to import food. The old trading structure broke down with no alternative in its place. The old system of social welfare was systematically destroyed. The withdrawal of government subsidies pushed large sections of the people into poverty.
Read the above passage carefully and answer the following questions:
(i) What is meant by subsidy?
(ii) How did the disintegration of collective farm system lead to the loss of food security?
(iii) This passage is associated to which country? Why did the government start importing food?Political Science - Board Papers