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A House Loan Megha has taken a loan of 75 lakhs from the bank to purchase a house. The annual interest rate on the loan is 12 percent and the loan is to be repaid in 10 years in monthly instalments. Megha had to submit to the bank, documents showing her employment records and salary before the bank agreed to give her the loan. The bank retained as collateral the papers of the new house, which will be returned to Megha only when she repays the entire loan with interest. |
- From which source of credit Megha has taken loan?
- Explain the terms of credit given in the source.
Concept: Terms of Credit
Explain, why the banks do not lend credit to certain borrowers.
Concept: Terms of Credit
Explain the functions of "Self Help Group".
Concept: Self-Help Groups for the Poor
How do double coincidence of wants arise?
Concept: Money as a Medium of Exchange
Who among the following takes the decision regarding saving and loan activities in the Self Help Groups (SHGs)?
Concept: Self-Help Groups for the Poor
How to create more employment in rural areas? Explain with examples.
Concept: Self-Help Groups for the Poor
Justify the role of 'Self Help Groups' in the rural economy.
Concept: Self-Help Groups for the Poor
Why did the Indian Government put barriers to foreign trade and foreign investments after independence? Analyse the reasons.
Concept: Foreign Trade and Integration of Markets
Differentiate between investment and foreign investment.
Concept: Foreign Trade and Integration of Markets
Which one of the following organisations lays stress on liberalisation of foreign trade and foreign investment?
Concept: World Trade Organisation (WTO)
“The impact of globalisation has not been uniform.” Explain this statement.
Concept: The Struggle for a Fair Globalisation
Answer the following question.
How has foreign trade been integrating markets of different countries? Explain with examples.
Concept: Foreign Trade and Integration of Markets
Removing barriers or restrictions on business and trade set by the government is called as ______.
Concept: Factors That Have Enabled Globalisation
"Technology is the vital force in the modern form of globalisation." Explain the statement with suitable examples.
Concept: Factors That Have Enabled Globalisation
Which one of the following is a major benefit to a local company which goes for joint production with an MNC?
Concept: Interlinking Production Across Countries
Why did the Indian government liberalize trade regulations in 1991?
Concept: Factors That Have Enabled Globalisation
How is information technology connected with globalisation? Explain.
Concept: Factors That Have Enabled Globalisation
Why has the ‘Chhotanagpur Plateau Region’ the maximum concentration of iron and steel industries? Analyse the reasons.
Concept: Distribution of Minerals and Energy Resources
Why did Gandhiji decide to launch a nationwide Satyagraha against the proposed Rowlatt Act, 1919? Explain.
Concept: Concept of Popular Struggles and Movements
How are issue specific movements different from generic movements?
Concept: Concept of Popular Struggles and Movements
