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Revision Questions - Economics

The document consists of revision questions for Economics covering various chapters including Development, Sectors of Indian Economy, Money and Credit, and Globalisation. It addresses topics such as developmental goals, economic activities, the role of banks, and the impact of globalization. Each chapter contains multiple questions aimed at analyzing concepts and applying them to real-world scenarios.

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24 views3 pages

Revision Questions - Economics

The document consists of revision questions for Economics covering various chapters including Development, Sectors of Indian Economy, Money and Credit, and Globalisation. It addresses topics such as developmental goals, economic activities, the role of banks, and the impact of globalization. Each chapter contains multiple questions aimed at analyzing concepts and applying them to real-world scenarios.

Uploaded by

divyanshlappy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Jayshree Periwal High School

S.ST:10​ ​ Revision Questions-Economics (2024-25)

Eco: ch-1 Development

1.​ Different people have different developmental goals. Analyse with the help of suitable
examples.​ ​ ​
2.​ Different people may have conflicting development goals. Comment and justify with
suitable examples.
3.​ For development people look at a mix of goals. Justify with the help of an example.
4.​ How does the World Bank compare countries and classify them? Explain its limitation
5.​ Explain the criterions used by UNDP to classify countries.
6.​ What is Sustainable Development? Give suitable examples to explain why we need it?
7.​ Calculate the Body Mass Index of Rahul, if his weight is 75 Kg and the square of his
height is 2.56 m2. What can you infer about the health of Rahul by looking at his BMI?
8.​ Country Y has a population of 6 citizens. Calculate the PCI of the country if their income
is $ 5000, $ 9000, $6000, $10000, $ 6000 and $ 6000 respectively. Classify the country Y on
the World Bank criterion.

Eco- chp-2 Sectors of Indian Economy

1.​ Classify the economic activities on the basis of the nature of activity. ​
2.​ ”In recent years, the secondary sector has really benefited modernizing agriculture and related
activities.” Justify the statement with suitable examples.
​ OR
Explain with the help of suitable examples that economic activities though are grouped
in different categories are highly interdependent. ​
3.​ If we really want a developed economy, which sectors do you think can help our country the
most and why?
OR

Explain the reasons for the rising importance of the tertiary sector.

4.​ What is underemployment? Does it help to enhance the production of a country?

5.​ List five ways in which we can generate employment. ​

6.​ Explain the provisions of MGNREGA. ​ ​


7.​ Compare and contrast the economic activities on the basis of the conditions of work​
8.​ How can the workers be protected in the unorganized sector?​
9.​ Compare the economic activities on the basis of ownership. ​
10.​ Why do governments spend on the activities of the Public sector?

Economics Ch-3 Money and Credit


1.​ What is the Double Coincidence of Wants? Explain the limitations of the Barter System
with the help of an example.
2.​ Why is currency accepted as a medium of exchange?
3.​ Explain the functioning of a bank.
4.​ Mention the benefits of keeping your money in the bank.
5.​ What is a cheque ? How can it be used to settle payments?
6.​ Explain the terms of credit.
7.​ " Cheap and affordable credit leads to development". Comment.
8.​ Differentiate between Formal and Informal sources of credit.
9.​ Why do we need to expand formal sources of credit?​
10.​ Explain the composition and functioning of SHG’s.
11.​ A farmer has borrowed money from a money lender at a high rate of interest, as he could not pay
the interest, he was forced to borrow from another landlord to settle the amount for the interest
borrowed to the money lender. State the consequences he may face in this situation.
12.​ “Self –help groups eliminate poverty and empower women”. Substantiate with suitable answers.
13.​ Miss “S” approached a bank nearby to avail loan for her own business, as well as a Self-help
group which is operating in her village, the bank rejected her loan application whereas the
Self-help group accepted to support her by providing the loan. Which documents are required
by the bank, but not required by the self-help group to approve Miss "S's" loan application for her
business?
Economics Ch-4 Globalisation and Indian Economy
1. ​ Define Globalisation. How do MNCs promote globalisation?

2. ​ Explain how the following factors have enabled globalisation:

●​ Technology
●​ Communication
●​ World Trade Organisation​

3. ​ Explain Liberalisation. Why did the Indian government introduce trade barriers and analyse the ​
​ reasons for their removal later on in the 1990s.

4. ​ Write briefly about WTO and its role and functions.

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