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Explain the role of Self-Help Groups (SHGs) in rural society.
Concept: Self-Help Groups for the Poor
Explain the significance of The Reserve Bank of India in the Indian economy.
Concept: Formal Sector Credit in India
''The use of money spans a very large part of our everyday life." Support the statement with example.
Concept: Money as a Medium of Exchange
Rahul has a sack of cotton but he is in need of wheat and Anush has a sack of wheat and is in need of cotton, under this situation both will be able to exchange their goods. In case of absence of such coincidence of wants, they may not exchange their goods.
Which one of the following would be the best option that describes the mutual exchange of goods and eliminate the exchange of goods?
Concept: Money as a Medium of Exchange
Miss “S” approached a bank nearby to avail loan for her own business, as well as a Self-help group which is operating in her village, the bank rejected her loan application whereas the Self-help group accepted to support her by providing the loan.
Which one of the following documents is required by the bank, but not required by the self-help group to approve Miss "S's" loan application for her business?
Concept: Self-Help Groups for the Poor
A farmer has borrowed money from a money lender at a high rate of interest, as he could not pay the interest, he was forced to borrow from another landlord to settle the amount for the interest borrowed to the money lender. State the consequences he may face in this situation.
Concept: Formal Sector Credit in India
“Self–help groups eliminates poverty and empowers women”. Substantiate with suitable answer.
Concept: Self-Help Groups for the Poor
Assertion (A): Banks are not ready to lend money to certain borrowers.
Reason (R): Some people do not have collateral.
Concept: Terms of Credit
Read the following situation regarding credit and identify the positive impact of credit.
Salim obtains credit to meet the working capital needs of production. The credit helps him to meet the ongoing expenses and complete production on time.
Concept: Two Different Credit Situations
Read the given source and answer the questions that follow:
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Loans from Cooperatives Besides banks, the other major source of cheap credit in rural areas are the cooperative societies (or cooperatives). Members of a cooperative pool their resources for cooperation in certain areas. There are several types of cooperatives possible such as farmers cooperatives, weavers cooperatives and industrial workers cooperatives, etc. Krishak Cooperative functions in a village not very far away from Sonpur. It has 2300 farmers as members. It accepts deposits from its members. With these deposits as collateral, the Cooperative has obtained a large loan from the bank. These funds are used to provide loans to members. Once these loans are repaid, another round of lending can take place. Krishak Cooperative provides loans for the purchase of agricultural implements, loans for cultivation and agricultural trade, fishery loans, loans for construction of houses and for a variety of other expenses. |
- 'Cooperative society' is an example of which source of 'credit'? (1)
- Explain the contribution of Cooperative Societies in rural development. (1)
- Mention any two sources of capital for Self-Help Groups. (2)
Concept: Terms of Credit
What is meant by trade barrier?
Concept: Foreign Trade and Integration of Markets
Which one of the following has been the major source of foreign exchange for IT industry?
(A) Bharat Heavy Electricals Limited
(B) Oil India Limited
(C) Steel Authority of India Limited
(D) Business Process Outsourcing
Concept: Foreign Trade and Integration of Markets
What is the meaning of 'investment'?
Concept: Foreign Trade and Integration of Markets
Distinguish between investment and foreign investment.
Concept: Foreign Trade and Integration of Markets
Which logo of quality is marked on the electrical instruments?
Concept: Production Across Countries
Analyze the contribution of foreign investment in globalization.
Concept: Foreign Trade and Integration of Markets
Examine the role of Information Technology in stimulating the process of globalization.
Concept: Factors That Have Enabled Globalisation
Which of the following international agencies allow free trade and work on mutual trade between countries?
Concept: World Trade Organisation (WTO)
In what ways Multi-National Corporations (MNCs) different from other companies? Explain with an example.
Concept: Impact of Globalisation in India
"Barriers on foreign trade and foreign investment were removed to a large extent in 1991?" Analyse the statement in the context of India.
Concept: Factors That Have Enabled Globalisation
