In what ways does the Reserve Bank of India supervise the functioning of banks? Why is this necessary?
The reserve bank of india supervises the functions of banks in the following server:
- It monitors the banks in actually maintaining cash balance.
- It ensure that the banks give loans just to profit – making businesses and traders but also to small cultivators small scale industries to small borrowers etc.
- Banks have to submit information to the RBI on their credit activities like how much they are leading to whom at what interest rate etc.
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.
- Q:-
“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.
- Q:-
Why is the issue of sustainability important for development?
- 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:-
Critically examine the progress of the consumer movement in India?
- Q:-
Distinguish between open unemployment and disguised unemployment.
- Q:-
Fill in the blanks using the correct option given in the bracket:
(i) Employment in the service sector _________ increased to the same extent as production. (has / has not)
(ii) Workers in the _________ sector do not produce goods. (tertiary agricultural) (iii) Most of the workers in the _________ sector enjoy job security. (organised / unorganised)
(iv) A _________ proportion of labourers in India are working in the unorganised sector. (large / small)
(v) Cotton is a _________ product and cloth is a _________ product. (natural / manufactured)
(vi) The activities in primary, secondary and tertiary sectors are _________. (independent / interdependent)
Recently Viewed Questions of Class 10 Social Science - Understanding Economic Development
- Q:-
The following tables gives the GDP in Rupees (Crores) by the three sectors:
Year
Primary
Secondary
Tertiary
1950
80,000
19,000
39,000
2000
3,14,000
2,80,000
5,55,000
i. Calculate the share of the three sectors in GDP for 1950 and 2000.
ii. Show the data as a bar diagram similar to Graph 2 in the chapter.
iii. What conclusions can we draw from the bar graph?
- Q:-
Make a long list of all kinds of work that you find adults around you doing for a living. In what way can you classify them? Explain your choice.
- Q:-
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. - Q:-
By what means can the consumers express their solidarity?
- Q:-
Mention a few factors which cause the exploitation of consumers.
- Q:-
Choose the most appropriate answer.
(i) In an SHG most of the decisions regarding savings and loan activities are taken by
(a) Bank.
(b) Members.
(c) Non-government organization.(ii) Formal sources of credit do not include
(a) Banks.
(b) Cooperatives.
(c) Employers. - Q:-
What are the reasons why the banks might not be willing to lend to certain borrowers?
- Q:-
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 - Q:-
Why are rules and regulations required in the marketplace? Illustrate with a few examples.
- Q:-
What is the basic idea behind the SHGs for the poor? Explain in your own words.
- NCERT Chapter