Question 1. How does democracy produce an accountable, responsive and legitimate government? Answer 1. Accountable Government: Democracy is an accountable government because it is the government of the people and made by people and for the people. The representatives elected by the people are responsible to them. If the people are not happy with the government they can … [Read more...] about Chapter 7 Outcomes of Democracy
Class 10
Chapter 6 Political Parties
Question 1 State the various functions political parties perform in a democracy. Answer 1 Political parties perform the following functions in a democracy: (i) Parties contest elections: In most of democratic countries, elections are fought mainly among the candidates put up by the political parties. Parties select their candidates in different ways. In India, top party … [Read more...] about Chapter 6 Political Parties
Chapter 5 Consumer Rights
Question 1. Why are rules and regulations required in the marketplace? Illustrate with a few examples. Answer 1 There are several chances of exploitation of the consumers in the marketplace. The various ways through which consumers may be exploited are— sometimes traders indulge in unfair trade practices such as when shopkeepers weigh less than what they should or when … [Read more...] about Chapter 5 Consumer Rights
Chapter 4 Globalisation and the Indian Economy
Question 1 What do you understand by globalisation? Explain in your own words. Answer 1 Globalisation is the process of rapid integration or interconnection between countries. Globalisation means integrating an economy with the world economy. As a result of globalisation, the different countries of the world become economically interdependent on each other. This term is … [Read more...] about Chapter 4 Globalisation and the Indian Economy
Chapter 3 Money and Credit
Question 1 In situations with high risks, credit might create further problems for the borrower. Explain. Answer 1 At times repayment of the loan becomes difficult and credit instead of improving the earnings, pushes the borrower into a situation from which recovery is very difficult and painful. This situation is called debt-trap. Then the borrower is forced to give up his … [Read more...] about Chapter 3 Money and Credit