How would flexibility in labour laws help companies?
Flexibility in labour law helps companies to attract foreign investments. Instead of hiringworkers on a regular basis companies hire workers flexibility for short periods when there is intense pressure of work. Company heads can negotiate wages and terminate the employees depending on market conditions. This will lead to an increase in the company’s competitiveness and reduce its labour cost.
Popular Questions of Class 10 Social Science - Understanding Economic Development
- Q:-
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. - Q:-
Explain how public sector contributes to the economic development of a nation.
- Q:-
Workers are exploited in the unorganised sector. Do you agree with this view? Give reasons in support of your answer.
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“Tertiary sector is not playing any significant role in the development of Indian
economy.” Do you agree? Give reasons in support of your answer. - Q:-
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.
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Why is the issue of sustainability important for development?
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For each of the items given in Table 1.6, find out which country is at the top and
which is at the bottom. - Q:-
Critically examine the progress of the consumer movement in India?
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Distinguish between open unemployment and disguised unemployment.
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Analyse the role of credit for development.
Recently Viewed Questions of Class 10 Social Science - Understanding Economic Development
- Q:-
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. - Q:-
Workers are exploited in the unorganised sector. Do you agree with this view? Give reasons in support of your answer.
- Q:-
Analyse the role of credit for development.
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“The impact of globalisation has not been uniform.” Explain this statement.
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In situations with high risks, credit might create further problems for the borrower. Explain?
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Find out the present sources of energy that are used by the people in India. What
could be the other possibilities fifty years from now? - Q:-
For each of the items given in Table 1.6, find out which country is at the top and
which is at the bottom. - Q:-
What do you understand by globalisation? Explain in your own words.
- Q:-
How has liberalisation of trade and investment policies helped the globalisation process?
- Q:-
Globalisation will continue in the future. Can you imagine what the world would be like twenty years from now? Give reasons for your answer.
- NCERT Chapter