The current account is an important indicator about an economy’s health. It is defined as the sum of the balance of trade (goods and services exports less imports), net income from abroad and net current transfers.
A savings account is a deposit account held at a retail bank that pays interest but cannot be used directly as money in the narrow sense of a medium of exchange (for example, by writing a cheque). These accounts let customers set aside a portion of their liquid assets while earning a monetary return.
A capital account shows the net change in physical or financial asset ownership for a nation and, together with the current account, constitutes a nation’s balance of payments. The capital account includes foreign direct investment (FDI), portfolio and other investments, plus changes in the reserve account.
Asset accounts are categories within the business’s books that show the value of what it owns. They can be for either capital assets or current assets.
Q2. If a consumer’s demand for a good moves in the same direction as the consumer’s income, the consumer’s demand for that good must be inversely related to the price of the good is called __________.
यदि किसी वस्तु के लिए उपभोक्ता की मांग उसी दिशा में है जिस दिशा में उपभोक्ता की आय है तो उस वस्तु के लिए उपभोक्ता की मांग का उसकी कीमत के साथ विपरीत संबंध होता है,उसे ____कहा जाता है |
Law of demand – The law of demand is a microeconomic law that states, all other factors being equal, as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa.
Law of supply – The law of supply is a fundamental principle of economic theory which states that, all else equal, an increase in price results in an increase in quantity supplied. In other words, there is a direct relationship between price and quantity: quantities respond in the same direction as price changes.
Law of substitution – Law of substitution is an important law in economics.This law states that a consumer is in maximum satisfaction when the utility obtained from the last rupee spent on each commodity is same.
Law of optimal choice – It analyzes how consumers maximize the desirability of their consumption as measured by their preferences subject to limitations on their expenditures, by maximizing utility subject to a consumer budget constraint. Consumption is separated from production, logically, because two different economic agents are involved.
Q3.“Taxes on agricultural income” is listed in the __________ list given in the Seventh Schedule in the Constitution of India.
”कृषि आय पर लगने वाला कर” भारत के संविधान की सातवीं अनुसूची में दी गयी ______सूची में सूचीबद्ध है |
The Battle of Plassey was a decisive victory of the British East India Company over the Nawab of Bengal and his Frenchallies on 23 June 1757. The battle consolidated the Company’s presence in Bengal, which later expanded to cover much of India over the next hundred years.
The battle took place at Palashi (Anglicised version: Plassey) on the banks of the Bhagirathi River, about 150 kilometres (93 mi) north of Calcutta and south of Murshidabad, then capital of Bengal. The belligerents were the Nawab Siraj-ud-daulah, the last independent Nawab of Bengal, and the British East India Company. Siraj-ud-daulah had become the Nawab of Bengal the year before, and he ordered the English to stop the extension of their fortification. Robert Clive bribed Mir Jafar, the commander in chief of the Nawab’s army, and also promised him to make him Nawab of Bengal.
In 1538, Sher Khan attacked Bengal and defeated Ghiyashuddin Shah. But he could not capture the kingdom because of the sudden expedition of Emperor Humayun. On 26 June 1539, Sher Khan faced Humayun in the Battle of Chausa and defeated him.
Q7. As the river approaches the sea, the speed of the flowing water decreases and the river begins to break up into a number of streams called ___________.
समुद्र तक पहुंचते – पहुंचते नदी का प्रवाह धीमा हो जाता है तथा नदी अनेक धाराओं में विभाजित हो जाती है,जिनको______कहा जाता है |
Plateau – A plateau , also called a high plain or tableland, is an area of highland, usually consisting of relatively flat terrain that is raised significantly above the surrounding area, often with one or more sides with steep slopes.
Isthmus – An isthmus is a narrow piece of land connecting two larger areas across an expanse of water by which they are otherwise separated.
Peninsula – A peninsula is a piece of land surrounded by water on the majority of its border, while being connected to a mainland from which it extends.
Distributaries – A distributary, or a distributary channel, is a stream that branches off and flows away from a mainstream channel. They are a common feature of river deltas. The phenomenon is known as river bifurcation.
Q8. The method of soil conservation in which rocks are piled up to slow down the flow of water which prevents gullies and further soil loss is called?
मृदा सरंक्षण की उस विधि को क्या कहते हैं जिसमें जल के प्रवाह को कम करने के लिए चट्टानों का ढेर लगाया जाता है जो नालियों की रक्षा करते हैं और मृदा क्षति को रोकते हैं?
Mulching – Mulching is the process of covering the topsoil with plant material such as leaves, grass, twigs, crop residues, straw etc. A mulch cover enhances the activity of soil organisms such as earthworms. They help to create a soil structure with plenty of smaller and larger pores through which rainwater can easily infiltrate into the soil, thus reducing surface runoff.
Contour barriers – Contour barriers are contour strips which intercept downslope flowing water and soil particles. These barriers slow down the water movement and reduce its erosive force. They also filter out and trap many of the suspended soil particles, keeping them from being washed out of the field.
Rock dam – Rocks are piled up across a channel to slow down the flow of water. This prevents gullies and further soil loss.
Shelter belts – A windbreak (shelterbelt) is a plantation usually made up of one or more rows of trees or shrubs planted in such a manner as to provide shelter from the wind and to protect soil from erosion.