MCQ
What was the main drawback for the consumer?
- AHigh rates of final products.
- BNo legal system available to consumers to protect them.
- CLow-quality products.
- DThe exploitation of the consumer.
What was the main drawback for the consumer?
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Which of the following are the examples of the activities of the secondary sector?
Using leather we make shoes, belts, etc. This is an example of:
Countries with per capita income of US$ ………… per annum and above in 2017, are called rich countries?
Which one of the following is not true regarding impact of globalisation of India?
The RBI monitors the banks are actually maintaining:
| Column A (Effects of globalisation) | Column B (Outcomes) |
| 1. Increased foreign investment | i. Expansion of global markets and access to technology |
| 2. Cultural exchange and awareness | ii. Loss of traditional jobs due to automation and cheaper labor elsewhere |
| 3. Techonological exchange and awareness | iii. Spread of cultural practices, ideas, and values across borders |
| 4. Growth of multinational corporations | iv. Large companies becoming dominant players in global markets |
Match the following and choose the correct option given.
| Column 1 | Column 2 | ||
| A. | Per capita Income | 1. | Measures the proportion of literate population in the 7-and-above age group. |
| B. | Infant Mortality rate | 2. | Compares countries based on the educational levels of the people, their health status and per capita income. |
| C. | Literacy rate | 3. | The total income of the country divided by its total population. |
| D. | Human Development Index | 4. | Indicates the number of children that die before the age of one year as a proportion of 1000 live children born in that particular year. |
___________ of the loans taken by poor households in the urban areas are from informal sources.
The purpose of the public sector is: