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Look at the given picture carefully and infer the income of the bank: (a) The difference between the amount deposited and borrowed by the bank to Reserve Bank of India. (b) The difference of amount of interest between what is charged from borrowers and what is paid to depositors. (c) The difference of interest rate between what is charged from borrowers and what is charged from depositor. (d) The difference between the amount deposited by the depositor and borrowed by the borrower.
The correct answer is (b). Banks earn income by lending money to borrowers at a higher interest rate while paying a lower interest rate to depositors. The difference between these two rates is called the spread or margin, which becomes the bank’s income. This system allows banks to operate profitablRead more
The correct answer is (b). Banks earn income by lending money to borrowers at a higher interest rate while paying a lower interest rate to depositors. The difference between these two rates is called the spread or margin, which becomes the bank’s income. This system allows banks to operate profitably while performing their key role of connecting savers and borrowers in the economy.
See lessWhich of the following statement define Sustainable Development? (a) Sustainable use of a natural resources without considering the need of the future generation. (b) Present generation fulfils its needs while considering the needs of the future generation as well. (c) It means utilisation of natural resources by the past, present and forth coming future generation. (d) To meet the needs of the future generations even if the needs of the president generation go unmet.
The correct answer is (b). Sustainable development ensures that today’s generation uses natural resources responsibly while keeping in mind the needs of future generations. It promotes balance between economic growth, environmental protection and social development. This approach avoids overexploitaRead more
The correct answer is (b). Sustainable development ensures that today’s generation uses natural resources responsibly while keeping in mind the needs of future generations. It promotes balance between economic growth, environmental protection and social development. This approach avoids overexploitation of natural resources and aims to maintain ecological stability so that both present and future generations can enjoy a healthy and prosperous life.
See lessRead the given text and answer the following questions: A second test for the Indian federation is the language policy. Our Constitution did not give the status of national language to any one language. Hindi was identified as the official language. But Hindi is the mother tongue of only about 40 per cent of Indians. Therefore, there were many safeguards to protect other languages. Besides Hindi, there are 21 other languages recognised as Scheduled languages by the Constitution. A candidate in an examination conducted for the Central Government positions may opt to take the examination in any of these languages. States too have their own official languages. Much of the government work takes place in the official language of the concerned state. Unlike Sri Lanka, the leaders of our country adopted a very cautious attitude in spreading the use of Hindi. According to the Constitution, the use of English for official purposes was to stop in 1965. 28. (i) Our Constitution did not give the status of national language to any one language. Why? 28. (ii) Evaluate the importance of continuing English as the official language of India. 28. (iii) State the differences between India and Sri Lanka on the basis of status of language.
(i) India is a multilingual country with hundreds of languages spoken across regions. To maintain national unity and respect linguistic diversity, the Constitution did not declare any single language as the national language. This prevented conflicts and ensured equal importance for all regional lanRead more
(i) India is a multilingual country with hundreds of languages spoken across regions. To maintain national unity and respect linguistic diversity, the Constitution did not declare any single language as the national language. This prevented conflicts and ensured equal importance for all regional languages.
(ii) 1. Link Language: English helps connect people across different linguistic regions of India.
(iii) India’s Policy: India adopted a flexible and respectful approach by recognizing 22 scheduled languages and giving equal importance to all.
Sri Lanka’s Policy: Sri Lanka declared Sinhala as its only official language, neglecting Tamil-speaking minorities.
Result in India: Promoted unity in diversity and peaceful coexistence among linguistic groups.
Result in Sri Lanka: Created tension and conflict between Sinhala and Tamil communities, leading to civil unrest.
See lessAnalyse how the issue of leadership succession poses a challenge to political parties in India.
Opaque functioning: Most parties do not follow open, transparent procedures for promotions. Ordinary workers have little chance to rise, so talented members become demotivated and party democracy weakens. Favoritism by leaders: Those in power often give preference to close associates or family, creaRead more
Opaque functioning: Most parties do not follow open, transparent procedures for promotions. Ordinary workers have little chance to rise, so talented members become demotivated and party democracy weakens.
Favoritism by leaders: Those in power often give preference to close associates or family, creating unfair advantages and shutting out competent members from leadership roles.
Dynastic succession: Top posts frequently stay within one family. This hereditary transfer of power prevents healthy competition and undermines merit-based leadership selection.
Inexperienced leaders: Because of family or favouritism, persons lacking experience or mass appeal occupy important positions, reducing party effectiveness and public credibility.
Personal loyalty over principles: Loyalty to the leader becomes more important than loyalty to party ideals, stifling internal debate and encouraging unquestioned decisions.
See lessSuggest and explain any five ways to reform political parties in India.
Internal Democracy: Parties must conduct regular internal elections and promote active participation of members in decision-making. This will prevent dominance by a single leader or family and strengthen democratic values within the party. Transparency in Funding: Political parties should disclose aRead more
Internal Democracy:
Parties must conduct regular internal elections and promote active participation of members in decision-making. This will prevent dominance by a single leader or family and strengthen democratic values within the party.
Transparency in Funding:
Political parties should disclose all sources of income and expenditure. Public awareness about donations and election funding can help reduce corruption and misuse of money in politics.
Equal Representation:
Parties should reserve more positions and tickets for women, youth and marginalized communities. This will bring diversity, fairness and fresh perspectives to political leadership.
Legal Regulation:
The Election Commission should monitor the internal functioning of parties and penalize those violating democratic norms or misusing public funds.
Public Participation:
See lessOrdinary citizens and grassroots workers should be encouraged to express their views and contribute to policy-making. This ensures that parties remain connected to real issues of society.