Credit and money pyq
Q1.Propose any two measures to be taken by India in improving
its HDI. (2014)
Q2.How can the formal sector loans be made beneficial for
poor farmers and workers? Suggest any five measures (2016)
Q3.What do you mean by the term ‘collateral’? Why do banks
ask for collateral while giving loans? (2018)
Q4.“Average income is an important criterion for development.”
Justify. (2018)
Q5.Explain the significance of The Reserve Bank of India in
the Indian economy. (2017)
Q6.Explain the interdependence of all three sectors giving
examples from the transportation system. (2019)
Q7.What does the history of developed countries indicate about
the shifts that have taken place between sectors? (2020)
Q8.What are the various sources of credit in rural areas?
Which one of them is the most dominant source of credit and
why? (2022)
Q9.Why is it necessary that banks and co-operatives increase
their lending in rural areas? Explain. (2016)
Q10.“Conflicting goals can be development goals.” Elaborate
with examples. (2013)
Q11.How are deposits with the banks beneficial for an individual
as well as for the nation? Explain with examples. (2018)
Q12.How is the issue of sustainability important for
development? Explain with three examples. (2014)
Q13.“Money in your pocket may not buy all the goods and services you need to live well.” Is it true or not? Elucidate.
(2019 C) Money in our pockets cannot buy all the goods and services that we may need to live well.
Q14.In what ways can employment be increased in urban areas?
(2019)
Q15.Why is credit a crucial element in economic development?
(2020) Credit is a crucial element in the economic development of
a country because:
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