What are the functions of the environment?
The environment performs the following four dynamic functions:
1. Offer Production Resources: Environment provides us with wide tangible resources like minerals, water and soil. These are the gifts of nature. These resources act as an input for converting natural resources into productive and useful things. In other words, the environment provides input for production that enhances human life qualitatively.
2. Sustains Life: Environment provides us with vital ingredients like sun, soil, water and air that are necessary for the survival of life. Absence of these essential elements implies absence of life. It supports biodiversity.
3. Assimilates Waste: The activities of production and consumption generate waste. This waste in the form of garbage is absorbed by the environment automatically.
4. Enhances Quality of Life: Environment includes surroundings such as rivers, oceans, mountains and deserts. It provides scenic beauty that man admires in life and adds to the quality of human life.
Compare and contrast the development of India, China and Pakistan with respect to some salient human development indicators.
How is RBI controlling the commercial banks?
Explain the steps taken by the government in developing rural markets.
Distinguish between the following
(i) Strategic and Minority sale
(ii) Bilateral and Multi-lateral trade
(iii) Tariff and Non-tariff barriers.
Why was the public sector given a leading role in industrial development during the planning period?
Match the following:
1. Prime Minister 3. Quota 4. Land Reforms 5. HYV Seeds 6. Subsidy |
A. Seeds that give large proportion of output C. Chairperson of the planning commission D. The money value of all the final goods and services produced within the economy in one year. E. Improvements in the field of agriculture to increase its productivity F. The monetary assistance given by government for production activities. |
Infrastructure contributes to the economic development of a country. Do you agree? Explain.
Find the odd man out (i) owner of a saloon (ii) a cobbler (iii) a cashier in Mother Dairy (iv) a tuition master (v) transport operator (vi) construction worker.
Highlight any two serious adverse environmental consequences of development in India. India’s environmental problems pose a dichotomy — they are poverty induced and, at the same time, due to affluence in living standards — is this true?
What is marketable surplus?
Explain how investment in education stimulates economic growth.
Explain how import substitution can protect domestic industry.
What do you mean by rural development? Bring out the key issues in rural development.
Do you think outsourcing is good for India? Why are developed countries opposing it?
Find the odd man out (i) owner of a saloon (ii) a cobbler (iii) a cashier in Mother Dairy (iv) a tuition master (v) transport operator (vi) construction worker.
How do the following factors contribute to the environmental crisis in India? What problem do they pose for the government?
(i) Rising population
(ii) Air pollution
(iii) Water contamination
(iv) Affluent consumption standards
(v) Illiteracy
(vi) Industrialisation
(vii) Urbanisation
(viii) Reduction of forest coverage
(ix) Poaching
(x) Global warming
Comment on the growth rate trends witnessed in China and India in the last two decades.
Trace the relationship between human capital and economic growth.
Establish the need for acquiring information relating to health and education expenditure for the effective utilisation of human resources.
What are the main problems of human capital formation in India?