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What was the reason for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers?
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Majority of the credit needs of the _________ households are met from informal sources.
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__________costs of borrowing increase the debt-burden.
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How has liberalisation of trade and investment policies helped the globalisation process?
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The following table shows people in a variety of occupations in urban areas. What are the purposes for which the following people might need loans? Fill in the column.
|
Occupations |
Reason for needing a Loan |
|
Construction worker |
- |
|
Graduate student who is computer literate |
- |
|
A person employed in government service |
- |
|
Migrant labourer in Delhi |
- |
|
Household maid |
- |
|
Small trader |
- |
|
Autorickshaw driver |
- |
|
A worker whose factory has closed down |
- |
Next, classify the people into two groups based on whom you think might get a bank loan and those who might not. What is the criterion that you have used for classification?
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Mention a few factors which cause exploitation of consumers.
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Say true or false:
When a consumer feels that he has been exploited, he must file a case in the District Consumer Court.
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What may be a developmental goal of a rich farmer?
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Give one example each of primary and tertiary economic sectors.
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Distinguish between investment and foreign investment.
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Describe the importance of manufacturing industries as a backbone of economic development of the country .
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Describe the role of industries in the development of agriculture.
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Why should we use natural resources properly and judiciously? Explain your views.
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How can the problem of unemployment be eradicated in India? Explain any three ways.
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“Credit can play a positive role.” Justify the statement with arguments.
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“Credit can play a negative role.” Justify the statement with arguments.
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How had the U.S. economy resumed its strong growth in the early 1920s ? Explain with examples.
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“International trade is considered the economic barometer of a country.” Justify the statement with arguments.
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Identify and list the following political parties as National and Regional political parties :
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Answer the following question.
Interpret the concept of 'liberalisation' in the field of the economic sphere during the nineteenth century in Europe.
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