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Find the odd word out:
High Poverty ratio -
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Give economic term:
Denial of opportunities to a certain section of the people in society.
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Identify and explain the concept from the given illustration:
Urmi's family lives in a situation whereby they are not able to fulfill even the basic needs of life such as food, clothing and shelter.
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Give economic term:
Resources gathered through taxation. domestic savings, etc.
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Identify the correct of pairs from the given options :
| 'A' | 'B' |
| 1) Economic Planning | a) Selection by Prime Minister |
| 2) Twelfth Five Year Plan | b) Think Tank group of Indian Government |
| 3) NITI Aayog | c) Fast and sustainable growth |
| 4) NITI Aayog Vice-Chairperson | d) Time bound programme |
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Identify the correct pairs from the given options:
| 'A' | 'B' |
| 1) Economic Planning | a) Selection by Prime Minister |
| 2) Twelfth Five Year Plan | b) Think Tank group of the Indian Government |
| 3) NITI Aayog | c) Fast and sustainable growth |
| 4) NITI Aayog Vice-Chairperson | d) Time-bound program |
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Identify the correct pairs from the given options :
| 'A' | 'B' |
| 1) Economic Planning | a) Selection by Prime Minister |
| 2) Twelfth Five Year Plan | b) Think Tank group of the Indian Government |
| 3) NITI Aayog | c) Fast and sustainable growth |
| 4) NITI Aayog Vice-Chairperson | d) Time-bound programme |
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Choose the correct option:
Statements that are incorrect regarding India's five year plans
a) The main objective of the first five year plan was the development of agriculture.
b) Social welfare and poverty eradication were the prime objectives of the seventh five year plan.
c) By the second five year plan, focus increased on faster, inclusive growth.
d) Development of both agriculture and industry were the main objectives of the third five year plan.
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Answer the following question:
Explain the targets of 12th Five Year plan.
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State with reasons whether you agree or disagree with the following statement:
The objective of the12th five year plan was to achieve faster, sustainable, and inclusive growth.
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Complete the following statement by choosing the correct alternative :
After Independence, India had adopted________
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Complete the following statement by choosing the correct alternative :
At present, the number of industries reserved for the public sector has been reduced to_________
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Assertion and Reasoning type of question:
Assertion (A): In 1990-91, India faced an acute shortage of foreign exchange reserves.
Reasoning (R): Import quotas and tariffs led to an increase in imports.
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Read the following passage and answer the questions given below:
|
The Indian ice cream industry is one of the fastest-growing segments of the dairy and food processing sector. India has a low per capita consumption of ice cream of 400 ml whereas in the USA it is 22,000 ml and in China, it is 3000 ml. The per capita consumption of ice cream is low in India because it is a country filled with traditional sweets of more than 100 varieties. In developed countries, people have either pastries or ice-creams for dessert. In the era of Globalisation, the mindset of the people is fast changing. This is because multi-national companies have set up a number of ice-cream parlours, with a lot more varieties and flavours that attract the younger lot. Besides this, there are better delivery systems. The ice cream sector has great potential for growth in the country due to improvements in the cold chain infrastructure, increasing disposable income, and changing the lifestyle of the people. However, it is taxed higher with 18 percent GST while other dairy products in the same basket such as butter and cheese are taxed at 12 per cent. The ice cream industry has generated revenue of more than $1.5 billion in 2016-17. With the employment of 15 lakh people directly or indirectly, it is also considered one of the largest employers of the dairy and food processing industry. |
- Identify the reason for the low per capita consumption of ice cream in India.
- Explain the impact of Globalisation on the Indian ice cream industry.
- Find out the factors that could lead to the growth of the ice cream industry in India.
- Express your views about the implications of higher GST on the ice cream industry in India.
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Choose the correct option:
Arrange in the order of evolution of money
- Metallic money
- Animal money
- Metallic coins
- Commodity money
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Choose the correct option:
Arrange in the order of evolution of money
- Plastic money
- Paper money
- Electronic money
- Credit money
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Complete the correlation
Barter system : Goods :: Modern economy :________
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Suggest an economic term for the given statement:
The act of exchanging goods for goods - _________
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Suggest an economic term for the given statement:
Provision for making payments in future- ________
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Suggest an economic term for the given statement:
A system that makes use of currency for facilitating payments - _________
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