Mention a few factors which cause the exploitation of consumers.
Factors which cause exploitation of consumer are:
- Lack of awareness of consumer rights - Lack in proper monitoring of rules and regulations
- Consumers ignore small losses as the individual purchase quantity is quite small
- Lack of consumer consciousness
Critically examine the progress of the consumer movement in India?
What factors gave birth to the consumer movement in India? Trace its evolution?
By what means can the consumers express their solidarity?
What is the rationale behind the enactment of Consumer Protection Act 1986?
Mention some of the rights of consumers and write a few sentences on each?
What legal measures were taken by the government to empower the consumers in India?
Suppose you buy a bottle of honey and a biscuit packet. Which logo or mark you will have to look for and why?
Say True or False.
Explain the need for consumer consciousness by giving two examples.
Why are rules and regulations required in the marketplace? Illustrate with a few examples.
Development of a country can generally be determined by
(i) its per capita income
(ii) its average literacy level
(iii) health status of its people
(iv) all the above
Fill in the blanks using the correct option given in the bracket:
(i) Employment in the service sector _________ increased to the same extent as production. (has / has not)
(ii) Workers in the _________ sector do not produce goods. (tertiary agricultural) (iii) Most of the workers in the _________ sector enjoy job security. (organised / unorganised)
(iv) A _________ proportion of labourers in India are working in the unorganised sector. (large / small)
(v) Cotton is a _________ product and cloth is a _________ product. (natural / manufactured)
(vi) The activities in primary, secondary and tertiary sectors are _________. (independent / interdependent)
In situations with high risks, credit might create further problems for the borrower. Explain?
What do you understand by globalisation? Explain in your own words.
Which of the following neighbouring countries has better performance in terms of
human development than India?
(i) Bangladesh
(ii) Sri Lanka
(iii) Nepal
(iv) Pakistan
Choose the most appropriate answer.
(a) The sectors are classified into public and private sector on the basis of:
(i) employment conditions
(ii) the nature of economic activity
(iii) ownership of enterprises
(iv) number of workers employed in the enterprise
(b) Production of a commodity, mostly through the natural process, is an activity in ______________ sector.
(i) primary
(ii) secondary
(iii) tertiary
(iv) information technology
(c) GDP is the total value of _____________ produced during a particular year.
(i) all goods and services
(ii) all final goods and services
(iii) all intermediate goods and services
(iv) all intermediate and final goods and services
(d) In terms of GDP the share of tertiary sector in 2003 is _________
(i) between 20 per cent to 30 per cent
(ii) between 30 per cent to 40 per cent
(iii) between 50 per cent to 60 per cent
(iv) 70 per cent
How does money solve the problem of double coincidence of wants? Explain with example of your own.
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?
Assume there are four families in a country. The average per capita income of
these families is Rs 5000. If the income of three families is Rs 4000, Rs 7000
and Rs 3000 respectively, what is the income of the fourth family?
(i) Rs 7500
(ii) Rs 3000
(iii) Rs 2000
(iv) Rs 6000
Match the following:
S/No. |
Problems faced by farming sector |
S/No. |
Some possible measures |
|
Unirrigated land |
|
Setting up agro-based mills |
|
Low prices for crops |
|
Cooperative marketing societies |
|
Debt burden |
|
Procurement of food grains by government |
|
No job in the off season |
|
Construction of canals by the government |
|
Compelled to sell their grains to the local traders soon after harvest |
|
Banks to provide credit with low interest |
Why is the issue of sustainability important for development?
Do you think the classification of economic activities into primary, secondary and tertiary is useful? Explain how.
What do you understand by globalisation? Explain in your own words.
In India, about 80 percent of farmers are small farmers, who need cultivation.
(a) Why might banks be unwilling to lend to small farmers? (b) What are the other sources from which the small farmers can borrow? (c) Explain with an example of how the terms of credit can be unfavorable for the small farmer.
(d) Suggest some ways by which small farmers can get cheap credit.
Development of a country can generally be determined by
(i) its per capita income
(ii) its average literacy level
(iii) health status of its people
(iv) all the above
Why do we need to expand formal sources of credit in India?
Fill in the blanks.
Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because _____________. While consumers have more choices in the market, the effect of rising _______________ and ______________has meant greater ________________among the producers.
Explain the objective of implementing the NREGA 2005.
Which of the following neighbouring countries has better performance in terms of
human development than India?
(i) Bangladesh
(ii) Sri Lanka
(iii) Nepal
(iv) Pakistan
In situations with high risks, credit might create further problems for the borrower. Explain?