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Answered on 13 Apr CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

The traditional handicrafts industries were ruined under the British rule. Do you agree with this view?... read more
The traditional handicrafts industries were ruined under the British rule. Do you agree with this view? Give reasons in support of your answer. read less

Seema S.

Tutor

Yes the traditional handicraft industries were ruined under British rule.There were two reasons 1.Industrial revolution in London. There was industrial revolution in London.Brishers used to get cheap raw material from India.after that they import there machine made goods to India.That goods were cheap... read more

Yes the traditional handicraft industries were ruined under British rule.There were two reasons

1.Industrial revolution in London.

There was industrial revolution in London.Brishers used to get cheap raw material from India.after that they import there machine made goods to India.That goods were cheap and of good quality .so it's demand raised in India.And demand of handicraft goods declined

2.Britishers did not pay attention to improve the conditions handicraft industries  of india because they want to make India a market for goods made in london

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Answered on 14 Apr CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

What do you understand by drain of Indian wealth during the colonial period?

Tapu G.

Tutor

British's main economic agenda in India was to gain maximum benefits of total India's trade beacuase India's foreign trade generated large export surplus. The export surplus did not result in any flow of gold or silver into India.
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Answered on 11 Apr CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Distinguish between planning objectives and plan objectives on any four basis.

Partha Haldar

Tutor

Planning objectives Plan objectives These are long term objectives. These are short term objectives. These are general goals. These are specific goals. They are also known as perspective plan. They are also known as five year plan. These... read more
Planning objectives
Plan objectives
These are long term objectives.
These are short term objectives.
These are general goals.
These are specific goals.
They are also known as perspective plan.
They are also known as five year plan.
These objectives aim at structural changes.
These objectives aim at quantitative changes.
 
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Answered on 12 Apr CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Distinguish Tariff and non-tariff barriers.

Praveen C.

Trainer

With tariffs the Government receives the revenue whereas no revenue is received by the Government by applying non-tariff measures. Non-tariff measures protect the procedures and make them feel more secure than under a tariff. But incentives are not there under tariffs.
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Answered on 12 Apr CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Mr.Ashok was getting Rs. 400 in the base year and Rs.800 in the current year. If Consumer Price Index... read more
Mr.Ashok was getting Rs. 400 in the base year and Rs.800 in the current year. If Consumer Price Index is Rs. 350, then what extra amount is required for maintaining the earlier standard of living? read less

Pallavi

Base Year Salary xCPI of Current Year/CPI of Base Year. Base Year Salary=400 CPI of Current Year = 800 cpi of base year=350 400*(800/350) =914 914-800=114rs
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Answered on 11 Apr CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Can the CPI number for urban non-manual employees represent the changes in the cost of living of the president of India?

Samit Banerjee

Learning Solution

As it is known that CPI is the measure of effect of price change, be it inflation or deflation, on the cost and standard of living of a particular class of citizens of a particular region; and it is also known that the standard of living of President of India is very high than those of any other citizen... read more

As it is known that CPI is the measure of effect of price change, be it inflation or deflation, on the cost and standard of living of a particular class of citizens of a particular region; and it is also known that the standard of living of President of India is very high than those of any other citizen of India as the later gets many Government funded facilities and utilities, hence, CPI for urban non-manual employees cannot represent the cost of living of the President of India.

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Answered on 11 Apr CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

The consumer price index for June, 2005 was 125. The food index was 120 and that of others items 135.... read more
The consumer price index for June, 2005 was 125. The food index was 120 and that of others items 135. What is the percentage of the total weight given to food? read less

Sahil Bhatia

Maths Wizard

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Answered on 12 Apr CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Draw three hypothetical scatter diagrams showing the following value of r: i. r = -1 ii. r =+1 iii. r=0"

Anjali Pant

Professional Teacher in the Making

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Answered on 08 Mar CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

Marvel Academy

It is found that due to some factors such as inadequate banking system, cumbersome paperwork, lack of credit worthiness and lack of awareness, a large number of rural households still depend on the informal sources of credit such as moneylenders and landlords.However, credit from informal sources can... read more

It is found that due to some factors such as inadequate banking system, cumbersome paperwork, lack of credit worthiness and lack of awareness, a large number of rural households still depend on the informal sources of credit such as moneylenders and landlords.
However, credit from informal sources can sometimes have serious repercussions such as exorbitant rate of interest and high mortgage obligations. In such condition, it is important for the banks and cooperative societies to expand the formal sources of credit. More banks in rural areas should be opened so that credit can be provided for various development activities at reasonable rates without any undue exploitation.

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Answered on 23 Apr CBSE/Class 11/Commerce/Economics Tuition/Class XI-XII Tuition (PUC)

What is the present occupational structure in India?

Dr Preeti Sanjay Pendharkar

Occupational structure is mainly divided into three categories: viz., primary, secondary and tertiary. The primary occupations include all those essential activities such as agriculture, animal husbandary, forestry, fishery, poultry farming etc. Secondary activities include manufacturing industries composed... read more

Occupational structure is mainly divided into three categories: viz., primary, secondary and tertiary. The primary occupations include all those essential activities such as agriculture, animal husbandary, forestry, fishery, poultry farming etc. Secondary activities include manufacturing industries composed of both large and small scale and mining. Tertiary activities include all other activities like transport, communication,banking,insurance,trade etc. The occupational structure indicated the distribution as well as absorption of population into these various types.

Now discussing about the present occupational structure in India...In India, the planned economic development anticipated a rapid progress in the expansion of irrigation,power,basic industries and the expansion of tertiary activities in the service sector like expansion of trade,banking,insurance, transportation and communication etc. But after two decades of planning occupational structure in India could not show any remarkable change. Although both secondary and tertiary sector expanded and their absorption capacity also increased. But another important condition that is a significant increase in agricultural productivity could not fulfilled. Again the allied activities of the primary sector and development of village industries could not make much headway in engaging the surplus population from the agricultural sector. All these led to growing pressure of population on agricultural sector and resulted in widespread disguised unemployment in rural as well as urban areas in India. And this scenario made the youth filled with disatifaction and anger.

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