Unit 4 Ch 1 : Development — Social Studies STD 10 — Question

How does exploitation of consumers take place in the market? Explain with any five facts.

A research student spoke with two people, M and N to learn about their work-related differences. On the basis of the interview conducted with both of them, the student concludes that while person M was working in an organized sector, person N was an employee of a workplace that was functioning in an unorganised way. Analyse the key differences between the two sectors that must have enabled the research student to come to this conclusion.

What are the modern forms of money? Why the rupee is widely accepted as a medium of exchange?

How are the consumers exploited in the marketplace? Explain with three examples.

Explain how public sector contributes to the economic development of a nation.

What is COPRA? Explain briefly the three-tier quasi-judicial machinery set up under the Consumer Protection Act of 1986.###What are the institutions set up under COPRA for the redressal of grievances? Explain.###Describe the provision made under Consumer Protection Act, 1986 (COPRA) for redressal of consumer disputes.###COPRA has enabled the consumers to have the right to represent in the consumer courts. Explain with the help of an example how it benefits the consumers.

How do the large companies manipulate the market? Explain with examples.

What is the meaning of 'under employ ment'? In which economic sector are underemployment conditions more prevalent? Why is it so? Explain two reasons.###Explain the concept of underemployment taking example from some nonagricultural field.###Explain the problem of underemployment in the service sector in urban areas with examples.

The workers in the unorganised sector need protection on the issues of wages, safety and health. Explain.