Economics [3 marks Question-Answer]

(i) Public health system and facilities are not sufficient for the bulk of the population.
(ii) There is a wide gap between rural-urban areas and between poor and rich in utilising healthcare facilities.
(iii) Widespread malnutrition poses a major threat to the lives, especially in case of children.

(i) Rural Areas have been neglected : Every type of education is available in urban areas but rural areas are deprived of it.
(ii) Low government expenditure is also responsible for its poor state of affairs. In 1950-51 it had committed to allocate 6% of GDP for it. But still it is 4%, much below than required.
(iii) The quality of education is fairly low.

(i) A good transport system helps to expand the market for goods.
(ii) Transport system also helps in the movement of labour from surplus areas to deficit areas.
(iii) A well developed transport system encourages tourism in the country.

(i) Life insurance provides protection to the family in case of untimely death of an individual.
(ii) It gives financial protection at old age when earning capacity is reduced.
(iii) Life insurance is not only a protection but also an investment because certain sum of money is either returned at the time of maturity or at the time of death.