DPS-MIS, DOHA, QATAR

SUMMATIVE ASSESSMENT II (2015-16)

REVISION WORKSHEET
CLASS-X
SUBJECT- ECONOMICS
MAXIMUM MARKS: 22
Instructions:
Read the text book thoroughly before answering the following questions.
Take a printout of this assignment/worksheet.
Answer all the questions and underline the key words.
Answers will be discussed in the class as revision.
Revise the sources from the text book.

3. MONEY AND CREDIT

Q. 1.Define money.
Q. 2.What are the limitations of the barter system?
Q. 3 .What are the advantages of demand deposits?
Q.4. Why are demand deposits considered as money?
Q. 5.What are the advantages of depositing money in the banks?
Q. 6. What is the role of RBI in controlling formal sector loan?
Q.7. Why is it necessary for the RBI to supervise the functioning of commercial
banks?
Q. 8. Explain the process of credit creation by commercial banks.
Q. 9.What is the main source of income for the bank?
Q. 10.Distinguish between formal and informal credit sources.
Q.11.What are the various terms of credit. Explain each by giving examples.
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Q.12. Explain

the term debt-trap. Why is it more rampant in rural areas? Give two

seasons.
Q 13. What are the different forms of Money?
Q. 14 Write a short note on Self Help Groups.
Q. 15 Why is it important to expand the formal sources of credit? Suggest ways to
expand formal sector in India.
Q. 16 Why is cheap and affordable credit crucial for countrys development?

4. GLOBALISATION
Q. 1. How has competition from foreign companies benefited people in India?
Q. 2. What are the main characteristics of MNCs?
Q. 3. How do the MNCs help in the growth of local companies?
Q. 4 Write a short note on World Trade Organization (WTO)?
Q. 5. What are the negative points of globalization?
Q. 6 What are the advantages of Multinational corporations?
Q. 7.What is the significance of fair globalization?
Q.8.What are the positive impact of globalization in India?

Q.9. Explain the need for economic reforms of 1991.

Q.10.What are the main factors that have enabled Globalization in India?
Q.11. How does foreign trade lead to integration of market across countries?
Explain.
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Q. 12 What are the steps taken by the government to attract foreign investment?
Q. 13 What is flexibility in labour laws? How does it affect the workers in
developing countries?
Q. 14 What is Liberalisation?
Q. 15 What are Trade Barriers?
Q. 15 Distinguish between Foreign Trade and Foreign Investment.
Q. 16 What is the role of government in making globalization fair?
Q. 17 Why did the Government of India put Trade barriers prior to 1991?
Q. 18 Why did the Government remove trade barriers?
Q. 19 What are the ways in which MNCs control production in other countries?

5. CONSUMER RIGHTS
Q. 1.What are the different waysthroughwhich the consumers are exploited?
Q. 2.What is consumer exploitation?
Q. 3.Why was Consumer Protection Act 1986 enacted?What is its significance?
Q. 4.What are the functions of consumer protection council(CPC)?
Q. 5 Explain Standardisation of Product.
Q.6.Critically examine the Consumers Protection Act, 1986?
Q.7.Describe briefly any four forms of consumer exploitation.
Q.8. What are the factors which cause exploitation of consumers?
Q9.What are the institutions set up under COPRA for the redressal of grievances?
Explain.
Q10.Who are consumers? What are the duties of the consumers?
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Q.11. What are the various right given to consumers? Explain with examples.
Q. 12 What is Consumer Movement?

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