Why do we need to expand formal sources | Class 10 Social Science - Understanding Economic Development Chapter Money and Credit, Money and Credit NCERT Solutions

The following table shows the proportion of adults (aged 15-49 years) whose BMI
is below normal (BMI <18.5 kg/m2) in India. It is based on a survey of various
states for the year 2015-16. Look at the table and answer the following questions.

(i) Compare the nutritional level of people in Kerala and Madhya Pradesh.
(ii) Can you guess why around one-fifth of people in the country are undernourished even though it is argued that there is enough food in the country? Describe in your own words.

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

Why is the issue of sustainability important for development?

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

Critically examine the progress of the consumer movement in India?

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

Analyse the role of credit for development.

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.

For each of the items given in Table 1.6, find out which country is at the top and
which is at the bottom.

For each of the items given in Table 1.6, find out which country is at the top and
which is at the bottom.

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

“The impact of globalisation has not been uniform.” Explain this statement.

A study in Ahmedabad found that out of 15,00,000 workers in the city, 11,00,000
worked in the unorganised sector. The total income of the city in this year (1997-1998) was Rs 60,000 million. Out of this Rs 32,000 million was generated in the organised sector. Present this data as a table. What kind of ways should be thought of for generating more employment in the city?

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

Find the odd one out and say why.
(i) Tourist guide, dhobi, tailor, potter
(ii) Teacher, doctor, vegetable vendor, lawyer
(iii) Postman, cobbler, soldier, police constable
(iv) MTNL, Indian Railways, Air India, Jet Airways, All India Radio

Why is the issue of sustainability important for development?

Analyse the role of credit for development.

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

Service sector in India employs two different kinds of people. Who are these?