Choose the most appropriate answer. (i) | 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.

How would flexibility in labour laws help companies?

Look at a 10 rupee note. What is written on top? Can you explain this statement?
“Reserve Bank of India” and “Guaranteed by the Government” are written on top.

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

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.

Choose the most appropriate option.
(i) The past two decades of globalisation has seen rapid movements in
(a) goods, services and people between countries.
(b) goods, services and investments between countries.
(c) goods, investments and people between countries.

(ii) The most common route for investments by MNCs in countries around the world is to
(a) set up new factories.
(b) buy existing local companies.
(c) form partnerships with local companies.

(iii) Globalisation has led to an improvement in living conditions
(a) of all the people
(b) of people in developed countries
(c) of workers in the developing countries
(d) none of the above

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

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

Distinguish between open unemployment and disguised unemployment.

Explain the need for consumer consciousness by giving two 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