CBSE Guess > Papers > Question Papers > Class X > 2009 > Social Science > Social Science

Q. 26. Define the term ‘organized sector’. Explain three demerits of unorganized sector. 1+3=4

Ans. Organized sector covers those enterprises or places of work in which terms of employment are regular and people have assured work. They are registered with the government and have to follow various rules and regulations.
Demerits of the unorganized sector:
(i) In this sector, employment is not secure and jobs are irregular. Employees can be asked to leave without any reason.
(ii) Government rules are not followed as this sector is outside the control of the government. Jobs are often low paid and there is no provision for overtime, paid leave, leave due to sickness, etc.
(iii) This sector is at a disadvantage as it is fragmented into small parts and is scattered. Thus, the workers cannot easily unite and have organisations or unions to fight for their rights.

Q. 27. Study the graph carefully and answer the questions that follow:

(27.1) Mention the percentage of loans taken by well-off households and households with few assets from formal sector.
(27.2) State the reason for high percentage of formal sector loans to rich households and high percentage of informal sector loans to poor households. 2+2=4

Ans. (27.1) Percentage of formal sector loans taken by
well-off households = 72%.
Percentage of formal sector loans taken by
households with few assets = 47%.

(27.2) There is a high percentage of formal sector loans taken by rich households because rich households are able to provide collateral (land, building, vehicle, livestock, land documents, bank deposits etc.) as security which is a necessary requirement of the formal sector at the time of extending loans.
Banks and other formal sources of credit are usually unwilling to give loans to the poor households as they fail to provide collateral. Thus the poor households turn to money-lenders, relatives, friends and other informal sources to meet their loan requirements. Thus the percentage of informal sector loans to poor households is high.

The following question is for the Blind Candidates only in lieu of Q. No. 27.
Name any two sources of formal sector loans. Also state two demerits of informal sector loans. 2+2=4

Ans. Two sources of formal sector loans:
(i) Banks (ii) Cooperative Societies
Demerits of informal sector loans:
(i) There is no organisation that supervises credit activities in the informal sector. Thus, they charge very high rates of interest.
(ii) They use unfair means to get their money back

Social Science 2009 Question Papers Class X
Delhi		Outside Delhi		Compartment Delhi		Outside Delhi		Foreign
	Set 1 (PDF)		Set 1 (PDF)		Set 1		Set 1		Set 1 (PDF)
					Set 2		Set 2
					Set 3		Set 3