5

The two Sectional Interest Groups are –

1)   Trade Union

2)   Business Associations

3)   Professional bodies- lawyers, doctors, teachers etc.

(Any two names to be given)

DP. Pg-64

½+ ½=1

6

MNC’s set up their offices and factories in those regions where they get cheap labour

and other resources because of –

1)   Low cost of production.

2)   They can earn greater profits.

(Any one point to be given)

Eco. Pg-56

1

7

If any damage is done to a consumer by a trader the consumer can move the court  to get compensation under  his –

RIGHT TO SEEK REDRESSAL

Eco. Pg -82

1

8

Supervision of the functioning of formal sources of loans is necessary because-

Banks have to submit information to the RBI on how much they are lending, to whom they are lending and what interest rate etc.

Eco. Pg-48

1

9

“The decade of 1830 had brought great economic hardships in Europe”-

1)   There was enormous increase in population all over Europe.

2)   There were more job seekers than employment.

3)   Population from rural areas migrated to the cities to live in over - crowded slums.

4)   Small producers in towns faced stiff competition from imports of cheap machine made goods from England where industrialization was more advanced.

5)   Peasants struggled under the burden of feudal dues and obligations.

6)   Rise of food prices.

7)   Bad harvest led to wide spread pauperism in town and country.

Hist. Pg-15

3x1=3