Unit 4 Ch 3 : Money and Credit — Social Studies STD 10 — Question

Why is the secondary sector also called industrial sectors?

If Indian Government puts a tax on import of toys, how would it affect the import of Chinese toys?

What legal measures were taken by the government to empower the consumers in India?

How would a farmer increase his income and employment if he provided with a loan, irrigation facilities and means of transportation?

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

What is the difference between literacy rate of India as per census year 2001 and 2011?

Read the passage on the left and answer the questions.
Ford Motors, an American company, is one of the world’s largest automobile manufacturers with production spread over 26 countries of the world. Ford Motors came to India in 1995 and spent Rs. 1700 crore to set up a large plant near Chennai. This was done in collaboration with Mahindra and Mahindra, a major Indian manufacturer of jeeps and trucks. By the year 2004, Ford Motors was selling 27, 000 cars in the Indian markets, while 24,000 cars were exported from India to South Africa, Mexico and Brazil. The company wants to develop Ford India as a component supplying base for its other plants across the globe.
Would you say Ford Motors is a MNC? Why?

How do Multi-National Companies manage to keep the cost of production Of their goods low? Explain with examples.

What efforts were taken by consumer organizations in the 1970s?

“Banks are efficient medium of exchange." Support the statement with arguments.