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Assume there are four families in a locality. If the income of each family is ₹ 6,000, ₹ 4000, ₹ 7,000 and ₹ 3,000 then find out the average income of the locality from the following options:
Concept: Comparison Between Different Countries Or States
Which of the following countries has better rank in Human Development Index?
Concept: Public Facilities
Read the following statements about Human Development and choose the correct option:
- It is the composite Index prepared by United Nations Development Programme (UNDP).
- Parameters to measure it are Longevity, Literacy and Per Capita Income.
- Countries are ranked according to Developed and Low Developing countries.
- World Bank also prepares report of Human Development on the basis of Quality of Life.
Concept: What Development Promises - Different People, Different Goals
Read the following data and answer the question that follow:
| Some comparative Data on Haryana, Kerala and Bihar |
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| State | lnfant Mortality Rate (per thousand person) |
Literacy Rate % | Net Attendance Ratio (per 100 person) |
| Haryana | 30 | 82 | 61 |
| Kerala | 7 | 94 | 83 |
| Bihar | 32 | 62 | 43 |
How much is the Net Absence Ratio of Haryana? Choose the appropriate option from the following:
Concept: Income and Other Criteria
Which one of the following is a developmental goal of the factory workers?
Concept: Income and Other Goals
Answer the following question.
Distinguish the service conditions of the organized sector with that of an unorganized sector.
Concept: Division of Sectors as Organised and Unorganised
Which one of the following is the preceding Government Agency of NITI Aayog?
Concept: Primary, Secondary and Tertiary Sectors in India
Which one of the following pairs is correctly matched?
Concept: Sectors of Economic Activities
Which one of the following is an activity of the unorganised sector?
Concept: Division of Sectors as Organised and Unorganised
Which one of the following sectors contribute highest in the GDP of India?
Concept: Sectors of Economic Activities
Which one of the following pairs is correctly matched?
Concept: Sectors of Economic Activities
Explain the significance of The Reserve Bank of India in the Indian economy.
Concept: Formal Sector Credit in India
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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
