Explain the objective of implementing the NREGA 2005.
The objectives of implementing the NREGA 2005 was to ensure 100 days of employment in a year to all those who are in need of work in the rural areas. It also introduced a scheme of providing unemployment allowances to the people if the government fails to provide employment under this act. The types of work that would help to increase the production from land will be given preference under the act.
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.
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.
“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.
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)
Give a few examples of public sector activities and explain why the government
has taken them up.
Using examples from your area compare and contrast that activities and functions
of private and public sectors.
What do you understand by disguised unemployment? Explain with an example
each from the urban and rural areas.
Service sector in India employs two different kinds of people. Who are these?
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?
Suppose you buy a bottle of honey and a biscuit packet. Which logo or mark you will have to look for and why?
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.
How does foreign trade lead to the integration of markets across countries? Explain with an example other than those given here.
Analyse the role of credit for development.
Explain the need for consumer consciousness by giving two examples.
In what respects is the criterion used by the UNDP for measuring development different from the one used by the World Bank?
Say True or False.
What is the basic idea behind the SHGs for the poor? Explain in your own words.
For each of the items given in Table 1.6, find out which country is at the top and
which is at the bottom.
List a few examples of environmental degradation that you may have observed
around you.