Money alone cannot buy happiness, love, health, or clean environment. For example, even if a person is rich, they cannot buy friendship or a pollution-free city. Social relationships and public goods are essential for a good life.
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No, money alone does not ensure good health and education. Other factors like proper planning, trained staff, infrastructure, community participation, awareness and accessibility also matter. Efficient use of resources and monitoring are equally important for effective facilities.
Option (d) is correct because globalisation connects countries through trade, communication and travel. It allows the exchange of technology, culture and ideas but also leads to the spread of diseases and global challenges due to increased human interaction.
Option (a) is correct because Mohan’s debt will keep increasing. The landowner charges a high monthly interest of 5% and since Mohan cannot make full payments in cash, his physical labour cannot cover the growing debt completely.
The bank’s income comes from the difference between the higher interest rate charged on loans to borrowers and the lower interest rate paid to depositors. This difference in interest rates is the main source of profit for banks. The correct ...