STD-10 SOCIAL-SCIENCE CH-16 QUIZ (ENG-MED)
STD-10 SOCIAL-SCIENCE (ENG-MED)
Q 1. State the disadvantages of liberalization.
ANS: Although government reduced several restrictions, it could not stop monopoly of some. During economic reforms, India paid attention to industrial sector only. As a result, India remained backward in agriculture.
Q 2. State the disadvantages of globalization.
ANS: Globalization has failed to solve the problem of poverty and unemployment to the desired extent. Developing countries have not acquired expected benefits through increased exports. Large scale industries have acquired more benefit while small scale industries have obtained less benefit.
Q 3. When was the WTO established?
ANS: The World Trade Organization (WTO) was established on 1st January, 1995.
Q 4. Explain the concept of ‘Sustainable development’.
ANS: Sustainable development has been defined as a process of development wherein most of the requirements of the present generation are met without compromising with the capability of the future generations to meet their needs. Sustainable development is advocated due to the extreme adverse effects of human activities on ecology. If the present generation uses the natural resources at high speed, the resources will get depleted and nothing will remain for the future generations. To protect the interests of the future generations some restraints have been suggested in the strategy of sustainable development.
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