Unit 4 Ch 5 : Consumer Rights — Social Studies STD 10 — Question

Why will Arun have a higher income from cultivation compared to Shyamal?

Mention any three points of distinction between formal sector loans and informal sector loans.

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.
In what ways is a MNC different from other companies?

Why should credit at reasonable rates be available for all?

Which sector, i.e. Primary, secondary or Tertiary comprises the largest proportion of unorganised worker? Why?

“Cheap and affordable credit is crucial for the country’s development.” Assess the statement.

Barriers on foreign and foreign investment were removed to a large extent in India since 1991. Justify the statement.

How are consumers exploited in the market place? Explain.

"For development, people look at a mix of goals". Support the statement with three suitable examples.

The following are some of the catchy advertisements of products that we purchase from the market. Which of the following offers would really benefit consumers? Discuss.

• 15 gm more in every 500 gm pack.
• Subscribe for a newspaper with a gift at the end of a year.
• Scratch and win gifts worth Rs 10 lakhs.
• A milk chocolate inside a 500 gram glucose box.
• Win a gold coin inside a pack.
• Buy shoes worth Rs 2000 and get one pair of shoes worth Rs 500 free.