Class 10 Social Science - Understanding Economic Development - Chapter Sectors of the Indian Economy NCERT Solutions | Match the following:

Explain how public sector contributes to the economic development of a nation.

Workers are exploited in the unorganised sector. Do you agree with this view? Give reasons in support of your answer.

“Tertiary sector is not playing any significant role in the development of Indian
economy.” Do you agree? Give reasons in support of your answer.

Distinguish between open unemployment and disguised unemployment.

For each of the sectors that we came across in this chapter why should one focus on employment and GDP? Could there be other issues which should be examined? Discuss.

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)

Using examples from your area compare and contrast that activities and functions
of private and public sectors.

Give a few examples of public sector activities and explain why the government
has taken them up.

The workers in the unorganised sector need protection on the following issues :
wages, safety and health. Explain with examples.

Do you think the classification of economic activities into primary, secondary and tertiary is useful? Explain how.

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

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.

Why are rules and regulations required in the marketplace? Illustrate with a few examples.

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

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?

What factors gave birth to the consumer movement in India? Trace its evolution?

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

How do banks mediate between those who have surplus money and those who need money?

 In what ways does the Reserve Bank of India supervise the functioning of banks? Why is this necessary?

Critically examine the progress of the consumer movement in India?

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.

Say True or False.

1. COPRA applies only to goods.
2. India is one of the many countries in the world which has exclusive courts for consumer redressal.
3. When a consumer feels that he has been exploited, he must file a case in the District Consumer Court.
4. It is worthwhile to move to consumer courts only if the damages incurred are of high value.
5. Hallmark is the certification maintained for standardisation of jewellry.
6. The consumer redressal process is very simple and quick.
7. A consumer has the right to get compensation depending on the degree of the damage.

Why do we use averages? Are there any limitations to their use? Illustrate with
your own examples related to development.

What are the reasons why the banks might not be willing to lend to certain borrowers?

In situations with high risks, credit might create further problems for the borrower. Explain?

Describe some of your duties as consumers if you visit a shopping complex in your locality.

How do banks mediate between those who have surplus money and those who need money?

How has liberalisation of trade and investment policies helped the globalisation process?