Class 10 Social Science - Understanding Economic Development - Chapter Sectors of the Indian Economy NCERT Solutions | A study in Ahmedabad found that out of 1

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

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

Distinguish between open unemployment and disguised unemployment.

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

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.

Give a few examples of public sector activities and explain why the government
has taken them up.

Using examples from your area compare and contrast that activities and functions
of private and public sectors.

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)

The workers in the unorganised sector need protection on the following issues :
wages, safety and health. Explain with examples.

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

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

In situations with high risks, credit might create further problems for the borrower. Explain?

What do you understand by globalisation? Explain in your own words.

Why are rules and regulations required in the marketplace? Illustrate with a few examples.

Which of the following neighbouring countries has better performance in terms of
human development than India?
(i) Bangladesh
(ii) Sri Lanka
(iii) Nepal
(iv) Pakistan

How does money solve the problem of double coincidence of wants? Explain with example of your own.

What was the reason for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers?

What factors gave birth to the consumer movement in India? Trace its evolution?

Assume there are four families in a country. The average per capita income of
these families is Rs 5000. If the income of three families is Rs 4000, Rs 7000
and Rs 3000 respectively, what is the income of the fourth family?
(i) Rs 7500
(ii) Rs 3000
(iii) Rs 2000
(iv) Rs 6000

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

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

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

Match the following.

In situations with high risks, credit might create further problems for the borrower. Explain?

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

Why do developed countries want developing countries to liberalise their trade and investment? What do you think should the developing countries demand in return?

 Mention some of the rights of consumers and write a few sentences on each?

Mention a few factors which cause the exploitation of consumers.

By what means can the consumers express their solidarity?

How would flexibility in labour laws help companies?