Unit 4 Ch 3 : Money and Credit — Social Studies STD 10 — Question

Give three examples where an average is used for comparing situations.

Read the passage on the left and answer the questions.
Ford Motors, an American company, is one of the world’s largest automobile manufacturers with production spread over 26 countries of the world. Ford Motors came to India in 1995 and spent Rs. 1700 crore to set up a large plant near Chennai. This was done in collaboration with Mahindra and Mahindra, a major Indian manufacturer of jeeps and trucks. By the year 2004, Ford Motors was selling 27, 000 cars in the Indian markets, while 24,000 cars were exported from India to South Africa, Mexico and Brazil. The company wants to develop Ford India as a component supplying base for its other plants across the globe.
Would you say Ford Motors is a MNC? Why?

What is meant by sustainable development?

Explain with examples, how people are involved with the banks.

Describe the conditions in which markets do not work in a fair manner.

Supposing you find two people arguing: One is saying globalisation has hurt our country’s development. The other is telling, globalisation is helping India develop. How would you respond to these orguments?

How has foreign trade been integrating markets of different countries in the world? Explain with examples.

Suggest any three ways to maintain Body Mass Index (BMI).

The following table gives the GDP in Rupees (Crores) by the three sectors:

Year	primary	secondary	tertiary
1950	80,000	19,000	39,000
2000	3,14,000	2,80,000	5,55,000

1. Calculate the share of the three sectors in GDP for 1950 and 2000.
2. Show the data as a bar diagram similar to Graph 2 in the chapter.
3. What conclusions can we draw from the bar graph?

Explain any three examples of what factors other than income are important aspects of our lives.