Why did Indian merchants and industrialists support the Civil Disobedience Movement ? Explain.
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Indian merchants and industrialists supported the Civil Disobedience Movement because: 1. They wanted protection against the import of foreign goods, which adversely affected their businesses. 2. They desired the abolition of colonial policies that restricted their commercial activities, hoping that Swaraj would create an environment where trade and industry could flourish without colonial constraints.
Q2short answer2 marks
Examine the significance of railways as a means of transport, with two arguments.
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The significance of railways includes: 1. Economic Integration: Railways facilitate the movement of goods and passengers over long distances, promoting trade and internal commerce across the country. 2. Nation Building: They act as a multi-functional mode of transport that helps bind the country together by connecting diverse regions and promoting national unity.
Q3short answer2 marks
How does the quality of democracy depend on the degree of public participation ?
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The quality of democracy is directly proportional to public participation. When citizens take a keen interest in political processes (voting, debates, and protest), they hold the government accountable, ensure transparency, and make the authorities more responsive to public needs, thereby strengthening democratic institutions.
Q4short answer2 marks
Study the given flowchart and answer the questions that follow: (4.1) Which is the basic material required for garment manufacturing? (4.2) Give one example of value addition in the textile industry.
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(4.1) The basic material required is fiber (natural or synthetic), which is processed into yarn. (4.2) Value addition occurs when yarn is woven into fabric or when fabric is stitched into readymade garments, increasing the product's market value.
Q4short answer1 mark
Which is the basic material required for garment manufacturing ?
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The basic material required for garment manufacturing is fabric (or cloth/textiles).
Q4short answer1 mark
Give one example of value addition in the textile industry.
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An example of value addition in the textile industry is the conversion of raw cotton into yarn, and further processing that yarn into finished, dyed, and designed garments.
Q5short answer2 marks
How is deposit an essential feature of money?
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Deposits are an essential feature of money because banks act as safe custodians for public savings. They provide interest on these deposits and offer the 'cheque' facility, which allows money to be transferred or used as a medium of exchange without the physical movement of currency, making transactions easier and more secure.
Q7short answer3 marks
(a) Differentiate between formal and informal sources of Credit. OR (b) How does a bank work as a key component of the financial system ? Explain.
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(a) Formal sources of credit (Banks and Cooperatives) are supervised by the RBI, charge lower interest rates, and follow transparent terms. Informal sources (moneylenders, friends, relatives) are not supervised, often charge very high interest rates, and may use exploitative methods to recover loans.
Q7short answer3 marks
(a) Differentiate between formal and informal sources of Credit.
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Formal sources of credit include banks and cooperatives, whose activities are supervised by the Reserve Bank of India (RBI). They charge lower, fixed rates of interest and require collateral. In contrast, informal sources include moneylenders, traders, relatives, or friends. These are not regulated by any government body, often charge much higher interest rates, and may not always require formal collateral, but can lead to debt traps.
Q7short answer3 marks
(b) How does a bank work as a key component of the financial system ? Explain.
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A bank acts as a financial intermediary by accepting deposits from people who have surplus money and providing loans to those who need funds. By paying interest on deposits and charging a higher interest rate on loans, the bank facilitates the flow of money in the economy, encourages savings, and provides the necessary capital for businesses and individuals to engage in productive economic activities.
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(a) Democracy is better than other forms of government. Analyze this statement. OR (b) Analyze the reasons for huge support for the idea of democracy across the world.
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