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Globalisation will continue in the future. Can you imagine what the world would be like twenty years from now? Give reasons for your answer.

Globalisation is due to integration of markets, production, movement of people. Globalisation will exist even 20 years from now. Globalisation... View Article

Kerala, with lower per capita income has a better human development ranking than Haryana. Hence, per capita income is not a useful criterion at all and should not be used to compare states. Do you agree? Discuss.

One cannot completely conclude that comparing states based on Per Capita Income is wrong, but one can definitely say that the comparison of... View Article

Development of a country can generally be determined by a) its per capita income b) its average literacy level c) health status of its people d) all the above

Answer: The correct answer is Option (a) - Per capita Income One of the most important attributes for comparing different countries is their... View Article

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

Some of the duties when a consumer visits a shopping complex is to check for certain indicators of the product and make sure that he or she is... View Article

Explain the need for consumer consciousness by giving two examples.

If consumers want to make informed decisions and develop the ability to discriminate while purchasing services and goods, it is important that... View Article

State one prudential reason and one moral reason for power-sharing with an example from the Indian context.

Opposition to the notions of undivided political power led to the emergence of the idea of power sharing. Power sharing will bring out better... View Article

__________________ issues currency notes on behalf of the Central Government.

Answer: The correct answer is Reserve Bank of India (RBI) On behalf of the Government of India, the Reserve Bank of India (RBI) issues currency... View Article

Explain how the global transfer of disease in the pre-modern world helped in the colonisation of the Americas.

By the mid-sixteenth century, the conquest and colonization of the Americas was underway by the Spanish and the Portuguese. Americas is used to... View Article

Which one of the following agencies markets steel for the public sector plants? a) HAIL (b) SAIL (c ) TATA Steel (d) MNCC

Answer: The Correct answer is option (B) - SAIL (Steel Authority of India Limited) SAIL operates and owns 5 integrated steel plants at Bhilai,... View Article

Koderma, in Jharkhand, is the leading producer of which one of the following minerals? (a) Bauxite (b) Mica (c ) Iron Ore (d) Copper

Answer: The correct answer is option (b) - Mica The leading producer of Mica is the Koderma Gaya – Hazaribagh, in Jharkhand. In the... View Article

What is the main criterion used by the World Bank in classifying different countries? What are the limitations of this criterion, if any?

The criterion used in classifying countries is the per capita income of a nation. This criterion is used by the World Bank in its World... View Article

Why did some industrialists in nineteenth-century Europe prefer hand labour over machines?

In Victorian Britain there was no shortage of labour. Industrialists did not face the problem of high wages or shortage of labour force. In... View Article

Consider the following two statements on power-sharing and select the answer using the codes given below: A). Power-sharing is good for democracy. B). It helps to reduce the possibility of conflict between social groups. Which of these statements are true and false? (a) A is true but B is false (b) Both A and B are true (c) Both A and B are false (d) A is false but B is true

Answer: The correct answer is option (B) - Both A and B are true. The possibility of conflict between social groups will be reduced if the power... View Article

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

Individual consumers often find themselves in a weak position. The points mentioned below make one realise the importance of having rules and... View Article

Why do developed countries want developing countries to liberalise their trade and investment? What do you think should the developing countries demand in return?

There are many reasons behind the demand for liberalization of trade and investment by developed countries. Developed countries want to make the... View Article

Supposing you find two people arguing: One is saying globalisation has hurt our country’s development. The other is telling, globalisation is helping India develop. How would you respond to these arguments?

Both the people who are involved in the argument are not wrong, since both of them can back their claims with information. It is clear that... View Article

What legal measures were taken by the government to empower the consumers in India?

The enactment of the Consumer Protection Act 1986, popularly known as COPRA was the major legal step taken by the Government of India in 1986 to... View Article

Give two examples of different types of global exchanges which took place in the seventeenth century, choosing one example from Asia and one from the Americas.

Two examples of different types of global exchanges which took place in the seventeenth century are Disease and Trade. After European sailors... View Article

Here are some false statements. Identify the mistakes and rewrite them correctly. (a) Multiplying urban centres with large and dense populations and urban lifestyles have helped in proper utilisation of water resources. (b) Regulating and damming of rivers does not affect the river’s natural flow and its sediment flow. (c) In Gujarat, the Sabarmati basin farmers were not agitated when higher priority was given to water supply in urban areas, particularly during droughts. (d) Today in Rajasthan, the practice of rooftop rainwater water harvesting has gained popularity despite high water availability due to the Indira Gandhi Canal.

Answer (a): Cities have massive housing colonies, housing societies and apartment buildings. All these high rise buildings, housing societies... View Article

What do you understand by disguised unemployment? Explain with an example each from the urban and rural areas.

It is a situation in which people are made to work less than their potential despite observing that all of them are working. It is a kind... View Article

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