Short Answer Type

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Why are most of the poor households deprived from the formal sector of loans? 


Poor households even now prefer to get credit from informal means rather than the formal sector due to the following reasons:-

Relatives and money lenders are easily accessible. Still in India several rural areas do not have a bank closeby.

Norms or rules for lending out money is much strict in formal sector as compared to the informal sector.

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Suggest any three steps to minimise the environmental degradation caused by the industrial development in India. 

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How are consumers exploited in the market place? Explain. 

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If any damage is done to a consumer by a trader, under which consumer right one can move to consumer court to get compensation? 

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The consumer movement arose out of dissatisfaction of the consumers. Justify the statement with arguments. 

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Why has aluminium metal great importance? 

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Rules and regulations are required for the protection of the consumers in the market place. Justify the statement with arguments. 

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'Consumption of energy in all forms has been rising all over the country. There is an urgent need to develop a sustainable path of energy development and energy saving'. Suggest and explain any three measures to solve this burning problem. 

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Why do MNCs set up their offices and factories in those regions where they get cheap labour and other resources? 

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Suggest any three steps to minimise the environmental degradation caused by the industrial development in India. 

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