Advertisements
Advertisements
Study the following passage and answer the questions:
| After agriculture, the handloom is the second largest income-generating activity in India. The industry has negligible power usage, low environmental concerns and high potential for innovation. A large number of handlooms are located in the northeastern region of India, with Assam accounting for almost half of the country. States like Andhra Pradesh, Uttar Pradesh, Odisha and Tamil Nadu also have weaving centres. India exports handloom products to more than 20 countries in the world. Some of the top importers are the US, the UK, Spain, Australia, Italy, Gennany, France, South Africa, Netherlands, etc. The US is the biggest importer of handloom products from India, consistently the top importer for the past 8 years. During 2020-21, the country imported handloom products worth ₹613.78 crore (US 83 million Dollar). The exports to the UK, which was the second largest importer of handloom from India during 2020-21 increased by 9.7% to ₹140.2 crore (US 19 million Dollar) from ₹123.13 crore (US 17.3 million Dollar) during 2019.20. |
Questions:
- Name the states in which handloom centres are located numerously.
- Name the countries/continents to which India exports handloom products.
- Write in brief about India's handloom export trade with the US.
Concept: undefined >> undefined
Explain the classification of public expenditure.
Concept: undefined >> undefined
Advertisements
Identify and explain the concept from the given illustration:
India sold wheat to Malaysia.
Concept: undefined >> undefined
Study the following table and answer the questions:
| Price of Ice Cream (₹) | Quantity Supplied | Market Supply | ||
| Seller A | Seller B | Seller C | (A + B + C) | |
| 50 | 0 | 2 | 5 | 7 |
| 100 | 1 | `square` | 10 | 15 |
| 150 | `square` | 6 | 15 | 23 |
| 200 | 3 | 8 | 20 | `square` |
| 250 | 4 | 10 | `square` | 39 |
Questions:
- Complete the above table.
- State whether the following statements are True or False.
(a) Market supply has a direct relation to price.
(b) As the price rises from ₹50 to ₹250, market supply rises from 7 to 39. This indicates an increase in supply.
Concept: undefined >> undefined
Study the following diagram and answer the questions:
Questions:
- In which direction does the demand curve slope?
- What is the reason for the fall in demand of rice from Q0 to Q1?
Concept: undefined >> undefined
Explain the law of demand with its assumptions.
Concept: undefined >> undefined
State and explain the ‘law of demand’ with its exceptions.
Concept: undefined >> undefined
During depression _____________ budget is preferable. (balanced/surplus deficit/zero)
Concept: undefined >> undefined
Concept: undefined >> undefined
Distinguish between the following
Revenue budget and Capital budget.
Concept: undefined >> undefined
Explain the types of a government budget.
Concept: undefined >> undefined
Fill in the blank using proper alternative given in the bracket:
Market demand is a total demand of...............buyers.
Concept: undefined >> undefined
Define or explain the following concept.
Market Demand .
Concept: undefined >> undefined
Explain with reason whether you ‘agree’ or ‘disagree’ with the following statement:
The law of 'diminishing marginal utility' is important in the practice?
Concept: undefined >> undefined
Match the following:
| Group ‘A’ | Group ‘B’ | ||
| a) | Marginal utility | 1) | Price Discrimination |
| b) | Medicines | 2) | Legal tender money |
| c) | Monopoly | 3) | Government bank |
| d) | Currency Notes | 4) | Utility from last unit. |
| e) | Central Bank | 5) | Inelastic demand |
| 6) | Commercial bank | ||
| 7) | Utility of all units | ||
| 8) | Elastic demand |
Concept: undefined >> undefined
Write explanatory note.
Components of Government budget.
Concept: undefined >> undefined
State with reason, whether you Agree or Disagree with the following statement.
The demand curve slopes downward from left to right.
Concept: undefined >> undefined
Write explanatory notes or answer the following.
Aggregate demand
Concept: undefined >> undefined
Explain any four exceptions of the law of Diminishing marginal utility.
Concept: undefined >> undefined
State with reason whether you agree or disagree with the following statement.
When government expenditure is greater than government revenue, it is called Surplus Budget.
Concept: undefined >> undefined
