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Q. 16. Explain the change in nature of India’s international trade in the last 15 years. 3

Ans. Around 1991, the government removed barriers to foreign trade and foreign investment. This changed the nature of India’s international trade.
(i) Liberalisation of trade and investment policies allowed Indian producers to compete with producers around the globe leading to an improvement in performance and quality of products.
(ii) After the barriers on foreign trade and foreign investment were removed to a large extent, goods could be imported and exported easily and also foreign companies could set up factories and offices in India. This has led to an increase in trade between India and different countries.
(iii) Businesses are allowed to make decisions freely about what they wish to import or export due to the liberal policies of the Government. Some Indian companies have emerged as MNC’s themselves, for eg., Infosys, Tata Motors etc.
(iv) Doors of investment opened up for MNCs. They have been investing large sums of money in India in industries such as cell phones, automobiles, electronics, etc.

Q. 17. Study the table given below and answer the questions that follow .

Type of regimes and countries Growth Rate
All democratic regimes 3.95
All dictatorial regimes 4.42
Poor countries under dictatorship 4.34
Poor countries under democracy 4.28

(17.1) What is the rate of economic growth of all dictatorial regimes?
(17.2) Mention any two reasons why economic growth rate alone cannot be a reason to reject democracy. 1+2=3

Ans. (17.1) The economic growth rate of all dictatorial regimes is 4.42%.
(17.2) The inability of a democracy to achieve higher economic growth rate is not reason enough to reject democracy. This is because:
(a) Economic development depends on several factors such as a country’s population size, global situation, cooperation from other countries, economic priorities adopted by the country, etc. and not just democratic principles alone.
(b) A democracy has several other positive outcomes which make it a better option than dictatorships. A democracy is a people’s own government. Decisions in a democracy are acceptable to the people and are more effective.

Q. 18. Analyse with three suitable examples why rules and regulations are required for the protection of consumers in the marketplace. 3×1=3

Ans. Rules and regulations are required for the protection of consumers in the market place.

— The consumers often find themselves in a weak position as the seller always tries to shift the responsibility on to the consumer
— Rules and regulations are necessary to prevent unfair trade practices such as overcharging, selling commodities in smaller quantities than shown on the package, hoarding, black-marketing, adulteration of food and edible oils, charging more than the actual price, weighing less, selling defective goods, etc. Rules and regulations give support to consumers.
— Till recently there was no authority or organisation where a consumer could lodge a complaint. All a buyer could do was avoid buying the brand for which he was cheated. Rules and Regulations and the Consumer movement today are a social force to safeguard the rights of consumers.

Social Science 2009 Question Papers Class X
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