Chapter 2 Sectors of Indian economy

Q1- Explain in detail the three sectors of the Economy.

Q2-Explain the Economic activities of the economy on the basis of ownership.

Q3- How did NREGA 2005 bring upliftment of the rural people? Explain.

Q4- Compare the employment conditions prevailing in the organized and unorganized sector?

Q5-What is GDP ? Explain the process to calculate GDP.

L-3 Money & credit

Q1-What is the problem of double coincidence of wants ? Explain how money has solved this
problem.

Q2- How do banks mediate between those who have surplus money and those who need
money?

Q3-Which Government body supervises the functioning of formal sources of loan in India?
Explain its functioning.

Q4- "Poor households still depend on informal sources of credit". Support the statement with
examples.

Q5- What are self-help groups ? How are they emerging as an important source of credit ?
Explain