Short Answer Type
Long Answer TypeWhy is it necessary to conserve mineral resources? Suggest any four ways to conserve mineral resources.
‘Advancement of the international trade of a country is an index of its economic prosperity’. Justify the statement with five arguments.
What are the two categories of sources of credit? Mention four features of each.
The two categories of credit sources are ‘formal’ and ‘informal’.
The following are four features of formal sources of credit:
i. The most important in this category are banks and cooperative societies. Loans can be obtained from these.
ii. The Reserve Bank of India supervises the functioning of these formal sources. Informal sources of credit:
i. In the informal field, money can be borrowed from a person, friend, relative, moneylender, trader and employer.
ii. There is no regulatory or supervisory body in this sector.
iii. Loans from this sector of credit do not require any collateral.
How has improvement in technology stimulated the globalisation process? Explain with five examples.
Why did Gandhi start the ‘Civil Disobedience Movement’? Explain any four features of the movement.
‘No party system is ideal for all countries and in all situations’. Justify the statement with five arguments.
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