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Ans. (27.1) Formal sources: Commercial Banks and Co-operative Societies. Informal sources: Moneylenders, Relatives and friends.
(27.2) Two reasons why co-operative societies and banks need to lend more:
(i) Formal sources of credit such as banks and co-operative societies function as per the rules and guidelines laid down by the Reserve Bank of India. They maintain stipulated cash balance and cash reserves. Their operations are supervised by the Reserve Bank and they cannot charge any rate of interest from the borrowers according to their whims. Banks provide affordable credit at reasonable rates of interest.
(ii) There is no organisation that supervises the credit activities of lenders in the informal sector. They lend at whatever rate they choose and use unfair means to get their money back. Thus, it is necessary that banks and co-operatives increase their lending, especially in rural areas.

The following question is for the Blind Candidates only, in lieu of Q. No. 27.
(27.1) What role does the Reserve Bank of India (RBI) play in supervising the functions of formal sector of loans? Give any two points.
(27.2) Explain any two demerits of informal sector of loans. 2+2=4

Ans. (27.1) See Q. 8, Textbook Questions, Chapter 3. [Page E-13
(27.2) Demerits of informal sector of loans:
(a) They charge very high rates of interest.
(b) They use unfair means to get their money back.

Q. 28. “Rapid improvement in technologies has been a major factor that has stimulated the globalization process.” Support the statement with suitable examples. 4×1=4

Ans. Improvement in technology has played a major role in stimulating the globalisation process:

1. Technology. Rapid improvement in technology has contributed greatly towards globalisation. Advanced technology in transport system has helped in faster delivery of goods across long distances at lower costs.

2. Development of information and communication technology also has helped a great deal. Telecommunication facilities—telegraph, telephone (including mobile phones), fax, e-mail etc. are now used to contact one another quickly around the world, access information instantly and communicate from remote areas. Teleconferences help in saving frequent long trips across the globe.

3. Information technology has also played an important role in spreading out production of services across countries. Orders are placed through internet, designing is done on computers, even payment for designing and printing can be arranged through the internet. Internet allows us to send instant electronic mail (e-mail)

Q. 29. Six features with serial numbers 1 to 6 are marked in the given political outline map of India. Identify these features with the help of the following information and write their correct names on the lines marked in the map: 6×1=6

(1) Main centre of overseas trade during seventeenth century
(2) A large scale indus-trial region of India in 1931
(3) A type of soil
(4) A major State producing groundnut
(5) Area where bauxite mine is located
(6) An International airport.

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