Category: Class 11

Balbharti Maharashtra State Board Class 11 History Solutions Chapter 5 Janapadas and Republics Textbook Exercise Questions and Answers.

Maharashtra State Board Class 11 History Solutions Chapter 5 Janapadas and Republics

1A. Choose the correct alternative and write the complete sentences.

Question 1.
A region occupied by the ‘janas’ was called as __________
(a) Ganarajya
(b) Janapada
(c) Mahajanapada
(d) Gotra
Answer:
(b) Janapada

Question 2.
The principal functionary of a Ganasangha was known as __________
(a) Senapati
(b) Bhandagarika
(c) Raja
(d) Uparaja
Answer:
(c) Raja

Question 3.
The author of the ‘Ashtadhyayi’ which mentions ‘Janapadin’ was __________
(a) Kautilya
(b) Panini
(c) Chanakya
(d) Vyas
Answer:
(b) Panini

Question 4.
The sense of territoriality and the ensuing awareness __________ were the main factors responsible for the formation of ancient Janapadas in India.
(a) of unity
(b) of authority
(c) of autonomy
(d) of public authority
Answer:
(c) of autonomy

1B. Find the incorrect pairs from set ‘B’ and write the correct ones.

Question 1.

Set ‘A’	Set ‘B’
(a) Praachya	of the east
(b) Praatichya	of the west
(c) Udichya	of the north
(d) Aparanta	the region to the north of Vindhya ranges

Answer:
(d) Aparanta – the region to the south of Vindhya ranges

2. Choose the correct reason and complete the sentence.

Question 1.
The Ganasangha of the Youdhey, Malav, Kshudraka were mentioned as Ayudhajivi. Because-
(a) it was in the northeast region of the Indian Subcontinent.
(b) these people were skilled warriors and warfare was the means of their livelihood.
(c) they were skilled in trade and commerce.
(d) these were the ganasanghas dependent on agriculture and animal husbandry.
Answer:
(b) these people were skilled warriors and warfare was the means of their livelihood.

3. Complete the concept map.

Question 1.

Answer:

4. Explain the concepts with examples.

Question 1.
Ganarajya and Sangharajya
Answer:

• ‘Gana’ means the ruling class comprising members of equal social status.
• Similarly, ‘sangha’ means a state formed by many kulas or janapadas by coming together.
• By the 6th century B.C.E. many sangharajyas had come into existence.
• There were three main types of the ancient federation of states in India:
• Ganarajya of the members of the same kula. For example, Malava and Shibi.
• Ganarajya was created by more than one kulas coming together. For example, Vajji Ganasangha. It included eight kulas. Vajji, Lichchhavi, Dnyatruk, and Videha were the important ganas among them.
• More than one ganrajyas coming together to create a sangharajya. For example, Yaudheya- Kshudrak Sangh.

Question 2.
Vartashastarpajivi Ganasnagh
Answer:

• Ancient Indian literature mentions two more types of ganasanghas.
• ‘Ayudhjivi’ sangh and ‘Varta-Shastropajivi’ sangh.
• ‘Varta’ means trade and commerce.
• The people in the Varta-Shastropajivi ganasanghas lived by trade and commerce, agriculture and animal husbandry, as well as their skills in warfare.
• People in the Kamboj and Saurashtra ganasanghas earned their livelihood by these means.

Question 3.
‘Jana’ and ‘Janapada’
Answer:

• Vedic people used the term Jana to designate a group of people, united under a common bond of singular kinship structure.
• Their settlement was known as ‘Grama’.
• A cluster of gramas consisting of the same Jana was known by the name of that particular Jana.
• A region occupied by a Janas was called Janapada.
• Gradually the Janapadas had more formal administrative structures transforming them into independent states.
• These were the first well-established states of ancient India.
• However, this does not necessarily mean that every Janapada evolved into an independent state.

5. Answer the following questions in detail.

Question 1.
Describe the democratic and oligarchic states in ancient India.
Answer:
Democratic States:

• Some of the ganasanghas were divided into regional zones called ‘Khanda’.
• They functioned through a group of elected individuals, who were found capable.
• Each of the elected members represented his respective khanda.
• These elected members were installed with collective authority for the smooth running of the ganasangha.
• This was a democratic system. Ganasanghas which functioned in this democratic way existed in Punjab and Sindh at the time of Alexander’s invasion.
• Each elective representative of the respective regional zone was designated as ‘Ganamukhya’.
• Every ganamukhya was a member of the assembly known as ‘ganaparishada’.
• The decisions made by the ganaparishada were implemented by designated functionaries of various cadres.
• He was known as the ‘Adhyaksha’ or ‘Raja’.

Oligarchic States:

• In this type the elite class in the society held all the powers of decision-making and administration,
• Panini and Kautilya mention them as ‘Rajshabdopajivi’ Sangh.
• Panini includes Vajji, Andhaka, Vrishni, Yaudheya in the Rajashabdopjivi type.
• Kautilya includes the Vrijji or Vajji, Madrak, Kuru, Panchala, etc. in this type.
• This type of ganasanghas was more prevalent in the eastern region of Uttar Pradesh and Bihar.

Activity

Present an act in the class based on the simulation of the administrative system of an oligarchic state.
Answer:
Students have to make the presentation in class.

Balbharti Maharashtra State Board Class 11 History Solutions Chapter 4 Vedic Period Textbook Exercise Questions and Answers.

Maharashtra State Board Class 11 History Solutions Chapter 4 Vedic Period

1A. Choose the correct alternative and write the complete sentences.

Question 1.
The importance of agriculture is clearly emphasised in the ______________ mandala of the Rigveda.
(a) 4th
(b) 10th
(c) 8th
(d) 6th
Answer:
(b) 10th

Question 2.
A potter is mentioned as an artisan in the ______________ for the first time.
(a) Rigveda
(b) Yajurveda
(c) Samaveda
(d) Atharvaveda
Answer:
(b) Yajurveda

Question 3.
The god who protected the animals was known as ______________
(a) Indra
(b) Pushan
(c) Ashwin
(d) Varun
Answer:
(b) Pushan

1B. Find the incorrect pair from set ‘B’ and write the correct ones.

Question 1.

Set ‘A’	Set ‘B’
(a) Nishka	Gold ornament
(b) Barley	Maincrop of the Vedic people
(c) Krishtya	The apparatus of drawing water from the well
(d) Navya	River transport

Answer:
(c) Krishtya – Tribal settlements

1C. Write the names.

Question 1.
A branch of linguistics.
Answer:
Philology

Question 2.
A battle was fought among the ten tribal chiefs.
Answer:
Dasharajnya Yuddha

Question 3.
Cultivable land prepared by ploughing.
Answer:
Urvara

2. Complete the concept map given below:

Question 1.

Answer:

3. Choose the correct reason and complete the sentence.

Question 1.
Panis were looked upon as enemies by the Vedic people because-
(a) they belonged to a different tribe.
(b) their language was impure.
(c) Panis used to steal the cattle of the Vedic people.
(d) Panis did not obey the orders of the Vedic people.
Answer:
(c) Panis used to steal the cattle of the Vedic people.

4. State your opinion.

Question 1.
There is a debate about the original home of the Aryans.
Answer:

• The debate began in the 16th Century. Till then the concept of the ‘Aryans’ was not known.
• The European academics became aware of the similarities between Sanskrit and Latin-Greek languages.
• This resulted in the notion of the Indo-European language family which gave momentum to the search for a Mother language from which developed the Indo-European languages.

Question 2.
The Rigvedic people subsisted on agriculture.
Answer:

• The Rigvedic tribal settlements have been mentioned as ‘Krishtya’ in the Rigveda. ‘Krish’ means ploughing.
• Hence the people who ploughed and also their settlements were mentioned as ‘Krishtya’.
• The importance of agriculture is clearly emphasised in the 10th mandala of Rigveda.
• It states that for the farmer his ploughshare is the means of obtaining.

5. Explain the following concepts.

Question 1.
Origin of Aryan people.
Answer:

• There are multiple unanswered questions, such as, who were the Aryans, did they arrive in India from a distant place or were they natives of India, which are the archaeological sites where the remains of their culture are found, how to identify those remains, etc.
• Most of the information about their culture is derived from Vedic literature. There are various v opinions about the chronology of the Vedic culture.
• However, there is a general agreement that the Vedic people composed Rigveda in India around 1500 B.C.E.
• However, Lokmanya Tilak calculated this date as 6000 B.C.E. on the basis of astronomical events.
• He was also of the opinion that the original home of the Aryans was in the Arctic region.
• This debate began in the 16th century. Till then the concept of the ‘Aryans’ was not known.

Question 2.
Indo-European family of languages.
Answer:

• In the year 1583, an Italian merchant by the name of Filippo Sassetti came to Kochi (Cochin) the port city in Kerala.
• He never returned to his motherland. He stayed in Kerala and Goa. During his stay, he wrote detailed letters to his family members about Indian life, language and culture. He happens to be the first European who wrote about his observations of Indian society.
• He also studied Sanskrit. He was the first one who observed the similarities between Sanskrit and Latin.
• His observations could be said to be the first, to give impetus to the notion of a family of Indo-European languages.

Balbharti Maharashtra State Board Class 11 History Solutions Chapter 3 Chalcolithic Villages in India Textbook Exercise Questions and Answers.

Maharashtra State Board Class 11 History Solutions Chapter 3 Chalcolithic Villages in India

1A. Choose the correct alternative and write the complete sentences.

Question 1.
On one of the cemetery H pots, dead humans are seen carried by ____________ in their stomach.
(a) deer
(b) peacock
(c) fish
(d) bull
Answer:
(b) peacock

Question 2.
The archaeological evidence shows that Balathal was a center of mass production of ____________
(a) stone pots
(b) copper pots
(c) earthen pots
(d) glassware
Answer:
(c) earthen pots

Question 3.
Permanent villages of farmers were first established in Maharashtra by ____________ people.
(a) Savalda
(b) Malwa
(c) Harappa
(d) Kayatha
Answer:
(b) Malwa

1B. Find the incorrect pair from set ‘B’ and write the correct ones.

Question 1.

Set ‘A’	Set ‘A’
1. Savalda Culture	Daimadabad
2. Malwa Culture	Navadatoli
3. Ahar Culture	Sonpur
4. Jorwe Culture	Inamgaon

Answer:
3. Ahar Culture – Balathal

2A. Explain the statements with reasons.

Question 1.
Harappan people had to migrate.
Answer:

• When the Mature (urban) Harappan civilisation collapsed completely, the people of Late Harappan cultures who had settled on the ruins of Mature Harappan cities had to migrate elsewhere.
• The urban Harappans and the Late Harappans dispersed. Wherever these people reached, new rural cultures came into being.
• Thus, as the Harappan civilisation collapsed, Harappan people had to migrate.

Question 2.
People of ‘Malwa’ culture were the first farmers of Maharashtra.
Answer:

• The people of Malwa culture reached Maharashtra around 1600 B.C.E. Permanent villages of farmers were first established in Maharashtra by the Malwa people.
• After arriving in Maharashtra, they came into contact with the neolithic people in Karnataka.
• It resulted in a few changes in the pot-making technology of Malwa people as far as shapes of the pots and designs are concerned.
• Thus, they were considered the first farmers of Maharashtra as they were the first to establish in Maharashtra.

3. State your opinion.

Question 1.
It seems that the Harappan people had gone as far as Bihar.
Answer:

• Chalcolithic sites have been discovered in Bihar, Bengal, Odisha, and Madhya Pradesh.
• The excavations at sites like Chirand, Sonpur, etc. yielded earthen pots of black-and-red ware.
• The shapes of these pots are similar to those of Harappan culture.
• Thus, it seems that the Harappan people had gone as far as Bihar, and the local cultures were influenced by them.

4. Write short notes.

Question 1.
Banas Culture
Answer:

• The chalcolithic culture in India generally belongs to, the Post-Harappan period.
• However, the ‘Ahar’ or ‘Banas’ culture in the Mewad region of Rajasthan was contemporary to the Harappan civilisation.
• Balathal and Gilund are important sites of Ahar culture.
• It was first discovered at Ahar near Udaipur, so it was named as ‘Ahar’ culture.
• Ahar is a tributary of the river Banas, so it is also known as ‘Banas culture’.

Question 2.
Malwa Culture
Answer:

• The name ‘Malwa’ tells us that this culture originated and spread first in the Malwa region.
• It flourished in Madhya Pradesh during 1800 B.C.E. – 1200 B.C.E. Navadatoli, situated on the bank of Narmada is an important site of Malwa culture.
• The people of Malwa culture reached Maharashtra around 1600 B.C.E.
• Permanent villages of farmers were first established in Maharashtra by the Malwa people. They were the first farmers of Maharashtra.

Question 3.
Kayatha Culture
Answer:

• Kayatha is a chalcolithic site situated on the banks of the river known as Chhoti Kali Sindh at a distance of 25 km from Ujjain in Madhya Pradesh.
• Kayatha culture was contemporary to the Harappan civilisation.
• The Kayatha people followed agriculture and animal husbandry.
• They mainly used handmade pots and microliths.

5. Write about the chalcolithic cultures in Gujarat with the help of the given points.

Question 1.
(a) Period
(b) Means of livelihood
(c) Geographical spread
(d) Evidence of cultural contact with other people.
Answer:
(a) Period: The chalcolithic settlements in Gujarat coincide with the following phases of the Harappan culture:

• Early Harappan phase (3950-2600 B.C.E.)
• Mature (urban) phase (2600-1900 B.C.E.)
• Post-Harappan phase (1900-900 B.C.E.)

(b) Means of livelihood: There are ample sources of semi-precious stones in Gujarat. Making beads of these stones was a big industry during Harappan times. The Neolithic settlements in Gujarat played a major role in procuring these stones. People residing in the neolithic settlements of Gujarat were mainly pastoral, that is people whose primary occupation was animal husbandry. Thus, making beads, animal husbandry, pottery making were some of the means of livelihood.

(c) Geographical spread: There are regional variations in the characteristics of the chalcolithic cultures of Gujarat. The chalcolithic pottery of Kutch – Saurashtra and Northern Gujarat are distinct from each other. The chalcolithic villages in Kutch-Saurashtra were abandoned by 1900 B.C.E.

(d) Evidence of cultural contact with other people: In the post-Harappan period there were two chalcolithic cultures in Gujarat. The culture in south Gujarat was known as ‘Prabhas’ culture and the one in northeastern Gujarat was known as ‘Rangpur’ culture. These cultures existed till 1800-1200 B.C.E.

Activity

With the help of the Internet, reference books, field trips, newspaper articles, etc. obtain pictures of excavated artifacts and architectural remains and arrange an exhibition under the guidance of your teachers.
Answer:
To be done by students.

Balbharti Maharashtra State Board Class 11 History Solutions Chapter 2 First Cities of India Textbook Exercise Questions and Answers.

Maharashtra State Board Class 11 History Solutions Chapter 2 First Cities of India

1. Choose the correct alternative and write the complete sentences.

Question 1.
In the early phase of agriculture, making __________ pots and farming were the jobs of women.
(a) copper
(b) bronze
(c) earthen
(d) stone
Answer:
(c) earthen

Question 2.
Lothal is known for its ancient __________
(a) agriculture
(b) dock
(c) textiles
(d) tools
Answer:
(b) dock

Question 3.
A general impression prevailed that the Harappan seals had some connection with the __________ civilisation.
(a) Chinese
(b) Greek
(c) Mesopotamian
(d) Egyptian
Answer:
(c) Mesopotamian

Question 4.
The bodies (mummies) of dead royalties in Egypt were wrapped in __________ coloured cloth.
(a) white
(b) black
(c) red
(d) blue
Answer:
(d) blue

2A. Choose the correct reason and complete the sentence.

Question 1.
The major reason for the decline of the Mesopotamian civilisation was __________
(a) foreign invasion
(b) deteriorating environment
(c) loss in trade
(d) migration
Answer:
(b) deteriorating environment

2B. Find the incorrect pair from set ‘B’ and write the correct ones.

Question 1.

Set ‘A’	Set ‘B’
(a) Dilmun	Bahrain
(b) Makan	Oman-Iran-Baluchistan Coastal region
(c) Shortugai	Mesopotamia
(d) Meluhha	Region of Harappa civilisation

Answer:
(c) Shortugai – Badakshan province of Afghanistan

3. Explain the statements with reasons.

Question 1.
The remains found in cities like Harappa, Mohenjodaro, Kalibangan, Lothal, Dholavira, Rakhigarhi, etc. are evidence of the past glory of this civilization.
Answer:

• A well-developed and rich civilisation flourished in the Indian subcontinent in the period from 3500-3000 B.C.E.
• This period is characterised by systematic town planning, with houses of baked brick, granaries, excellent drainage systems, public baths, and impressive public movements.
• Good administrative control over the distribution of water and other resources.
• Remains also prove a good social organisation, a proper social hierarchy based on the position of power.
• Flourishing internal and distant trade, mass production of goods, and craft specialisation developed writing system of script on Harappan seals give evidence of the past glory of the civilisation.

Question 2.
Lapis lazuli had a very important place in the Harappan trade.
Answer:

• A network of small towns, big and small villages, and campsites of semi-nomadic people functioned to cater to the needs of major urban centres of the Harappan civilisation.
• The Harappan settlement of ‘Shortugai’ in the Badakshan province of Afghanistan, is rich with mines of lapis lazuli, a semi-precious stone in Mesopotamia.
• The Mesopotamian epics describe Goddess Inanna’s palace, the walls of which were embedded with this stone, lapis lazuli.
• This stone was a very important commodity in the Harappan trade with Mesopotamia.

Question 3.
Harappan civilisation declined.
Answer:

• Sir Mortimer Wheeler in his study has concluded that the Harappan civilisation was destroyed by Indra, who destroyed the fortified cities.
• Vedic Aryans destroyed the Harappan cities under the leadership of Indra.
• The civilisation also declined due to the cumulative effects of factors such as the decline in trade, climatic changes, and the weakening of the economy.

4. State your opinion.

Question 1.
The Harappan cities and villages in the vicinity were interdependent.
Answer:

• The interrelationship between Harappan cities and villages was dependent on the mechanism of making available food grains and raw materials.
• A network of small towns, big and small villages, and campsites of semi-nomadic people, functioned to cater to the needs of major urban centres of Harappan civilisation.
• The city people were dependent on natural sources and villages in their vicinity, to meet the needs of urban lifestyle and urban administration.

Question 2.
The Harappan cities seem to have a well-organised administrative system.
Answer:

• The Harappan cities had a well organised administrative system to manage industrial production, import-export, the interrelationship between cities managing trading operations and villages around them.
• The town planning, standardization of bricks, weights, seals, shapes, and ornamentation of various objects, confirm the presence of an efficient administrative system.
• Cities like Harappa and Mohenjodaro were perhaps regional capitals.
• Lothal and Kalibangan were important religious centres.
• However, the nature of Harappan polity, whether it was a single state or a federation of small states, is not yet known.

5. Answer the following questions with the help of given points.

Question 1.
Write about the characteristics of Harappan cities with the help of the given points:
(a) Town planning
(b) Social organisation
(c) Administration
(d) Economy
Answer:
(a) Town planning:

• The town planning of Harappan cities was very systematic.
• Houses were of baked bricks, which included bathrooms, toilets, wells.
• Granaries existed, with impressive public monuments.
• The excellent drainage systems, public baths, and independent fortification walls are highlights.
• The grid pattern was used, where streets crossed each other in right angles, and the resulted blocks were used for building houses.
• The English bond masonry method was used with two headers and two stretchers to build a wall, which was especially useful for earthquake-prone areas.

(b) Social organisation:

• Social hierarchy was based on the position of power.
• Classes of skilled artisans and individuals were based on craft specialisation.
• Belief systems existed, with evidence of burials indicating rituals after death.
• Artifacts and architecture also indicate belief systems.

(c) Administration:

• Administrative control existed over the distribution of water and other resources.
• The size of bricks indicates the use of standardisation and ratio.
• Weights, set style of shapes and painted designs of pottery, majestic and non-residential buildings for public administrative offices are also seen.

(d) Economy:

• Harappan civilisation practiced mass production of goods for trade purposes.
• The concentration of factories and residences of artisans in a particular area of the city indicates the purpose of convenience of production, flourishing internal and distant trade, and administrative control over trade transactions.
• Well-shaped, beautiful earthen pots, statues, metal objects of gold, silver, copper, and bronze were made.
• Various types of beads were prepared, indicating a sound economy.

Activity

Collect information and illustrations with the help of the internet about the town planning of the Harappan cities and Chandigarh. Compare them.
Answer:
The town planning of the Harappan Cities:

• The Harappans were the first to build planned cities with a scientific drainage system.
• Their cities were built on a uniform plan.
• The people of Indus valley lived a highly civilized and developed life.
• This highly developed and scientific plan can be seen in the following areas.

Streets:

• The streets were straight and cut each other at right angles
• They were 13 to 34 feet wide and were well lined.
• The streets and roads divided the city into rectangular blocks.
• Lamp posts were provided at regular intervals.
• Dust bins were also provided on the streets which proves the presence of a good municipal administration.

Drainage System:

• The city was provided with an excellent closed drainage system.
• Each house had its own drainage and soak pit which was connected to the public drainage.
• Brick-laid channels were found through every street.
• The drains were covered and had manholes at regular intervals for cleaning and clearing.
• Large brick culverts were constructed on the outskirts of the city to carry excess water.
• The Indus valley civilization had a perfect underground drainage system.

The Great Bath:

• The most striking feature of Mohenjo Daro is the Great Bath.
• It consists of a large quadrangle. In the center, there is a large swimming pool approx. 39 ft long, 23 ft wide, and 8 ft deep.
• This swimming pool had rooms and galleries on all four sides.
• It had a flight of steps at either end and a well in one of the adjoining rooms. The water was discharged by a huge drain.
• The Great Bath had 8ft thick outer walls.

Granaries:

• The largest building in Mohenjo Daro is the granary which is 45.71 m long and 15.23 m wide.
• Granaries have also been found in Harappa and the southern parts of Kalibangan.
• These granaries were used to store grains which were probably collected as revenue or storehouses to be used in emergencies.

Buildings:

• People of the Indus valley civilization built houses and other buildings on the side streets.
• Built terraced houses of burnt bricks.
• Every house had two or more rooms, there were also more than one-storied houses.

The town planning of Chandigarh City:

• Chandigarh, the capital of the northern Indian states of Punjab and Haryana was designed by the Swiss-French modernist architect, Le Corbusier.
• Buildings include the Capitol Complex with its High Court, Secretariat, and Legislative Assembly.

Balbharti Maharashtra State Board Class 11 Sociology Solutions Chapter 7 Social Stratification Textbook Exercise Questions and Answers.

Maharashtra State Board Class 11 Sociology Solutions Chapter 7 Social Stratification

1. (A) Choose the correct alternative and complete the statements.

Question 1.
Social stratification is ……………….
(local / national / universal)
Answer:
universal

Question 2.
Class is a ………………. form of stratification.
(open / closed / rigid)
Answer:
open

Question 3.
Gender based stratification has led to ………………. in society.
(justice / exploitation / equality)
Answer:
exploitation

Question 4.
Social stratification of ………………. is based on the principle of purity and pollution.
(class / gender / caste)
Answer:
caste

1. (B) Correct the incorrect pair.

Question 1.
(a) Ownership of wealth – Economic Capital
(b) Membership and involvement in social network – Social Capital
(c) Gained through education – Cultural Capital
(d) Prestige, status and social honour – Economic Capital
Answer:
(d) Prestige, status, social honour – Symbolic Capital

1. (C) Correct underlined words and complete the sentence.

Question 1.
Caste is based on wealth.
Answer:
Class is based on wealth.

Question 2.
A hierarchical system where women are given a lower social status is stratification based on class.
Answer:
A hierarchical system where women are given a lower social status is stratification based on gender.

2. Write short notes.

Question 1.
Principles of social stratification.
Answer:

1. Stratification is social: Social stratification is not determined by biological differences but it is governed by social norms and sanctions.
2. Social stratification persists over generations : In all society’s parents confer their social status on their children. Thus, the pattern of inequality stays same from generation to generation.
3. Social stratification is universal but variable : Social stratification is found everywhere. At the same time the nature of inequality varies. ‘What’ is unequal and ‘how’ unequal, changes within the context of a society.
4. Social stratification involves inequality : Any stratified system not only gives people more resources but also justifies this arrangement and defines them as fair.
5. Social stratification is consequential : Stratification affects every aspect of life of all individuals. Social life is affected because of the position of an individual in the social hierarchy. Some experience positive consequences, while others face negative consequence of the hierarchy in a particular society.

Question 2.
Characteristics of caste according to Dr. G.S. Ghurye.
Answer:
Dr. G.S. Ghurye a well known Sociologist and Indologist defines caste in terms of its essential characteristics. They are as follows:
1.Segmental division by society : Society is divided into various castes. The membership of castes are determined by birth. Therefore, mobility from one caste to another is impossible.

2. Hierarchy: Castes or segments are arranged in terms of hierarchy. According to Dr. Ghurye, castes are graded and arranged into a hierarchy on the basis of the concept of ‘purity and pollution’.

3. Restriction on feeding and social intercourse : This fact of separation is reinforced by the notion of ‘purity and pollution’. Each caste imposes restrictions on its members with regard to food and social intercourse.

4. Differential civil and religious privileges and disabilities : In a caste society there is an unequal distribution of privileges and disabilities among its members. The higher castes enjoy all privileges and lower caste suffer from all kinds of disabilities.

5. Lack of unrestricted choice of occupation : Choice of occupation is not free under caste system. Occupations are hereditary and the members of the caste are expected to follow their traditional occupation.

6. Endogamy : Endogamy is the essence of caste system. Every caste of sub-caste insists that its member should marry within the group.

Question 3.
Types of mobility.
Answer:
1. Horizontal Mobility : It refers to change of residence or job without status change. Under this type of social mobility, a person changes one’s occupation but the overall social standing remains the same. Certain occupation like doctor, engineer and teacher may enjoy the same status but when an engineer changes one’s occupation from engineer to teaching engineering there is a horizontal shift from one occupational category to another but no change has taken place in the system of social stratification.

2. Vertical Mobility : Vertical mobility refers to any change in the occupational, economic, political status of an individual or a group which leads to change of their position. Vertical Mobility stands for change of social position, either upward or downward.

3. Intergenerational Mobility : This type of mobility means that one generation changes its social status in contrast to the previous generation. However, this mobility may be upward or downward. For e.g., people of lower caste or class may provide facilities to their children to get higher education, training and skills, with the help of which the younger generation may get employment in higher position.

4. Intragenerational Mobility : This type of mobility takes place in the lifespan of one generation. A person may start one’s career as a clerk and after acquiring more education, becomes an IFS Officer. Here the individual moves up and occupies a higher social position than previously.

3. Differentiate between.

Question 1.
Caste and Class.
Answer:

Caste	Class
(i) Different castes form a hierarchy of social preference and each position in the caste structure is defined in terms of its ‘purity and pollution’.	(i) A social class is made up of similar social status who regard one another as social equals.
(ii) In a caste stratification system, an individual’s position depends on the status attributes ascribed by birth.	(ii) In a class stratification system and individual’s position depends on the possession of substantial amounts of wealth, occupation, education and prestige which is achieved.
(iii) Caste is an example of closed stratification.	(iii) Class system is an example of open stratification.
(iv) In this type of social stratification there is no scope for social mobility.	(iv) In this type of social stratification there is scope for social mobility.

Question 2.
Intragenerational Mobility and Intergenerational Mobility.
Answer:

Intragenerational Mobility	Intergenerational Mobility
(i) This type of mobility takes place in the lifespan of one generation.	(i) This type of mobility means that one generation changes its social status in contrast to the previous generation.
(ii) This mobility is upward.	(ii) The mobility may be upward or downward.
(iii) A person may start one’s own career as a clerk. He / she acquires more education and over a period of time becomes an IFS Officer. Here the individual moves up and occupies a higher social position than previously.	(iii) People of lower caste or class may provide facilities to their children to get higher education, training and skills. With the help of these skills the younger generation may get employment in higher position.
(iv) It refers to advancement in one’s social level during the course of one’s lifetime.	(iv) It refers to a change in the status of family members, one generation to the next.

4. Explain the following concept with suitable examples.

Question 1.
Vertical Mobility
Answer:

1. Vertical mobility refers to any change in the occupational economic or political status of an individual or a group which leads to change of their position.
2. Vertical mobility stands for change of social position either upward or downward, which can be labelled as ascending or descending type of mobility.

Example : A person who works as a customer assistant, works hard and starts his own business successfully. In such a position there is a clear change in the position of the individual.

Question 2.
Intergenerational Mobility
Answer:

1. This type of mobility means that one generation changes its social status in contrast to the previous generation.
2. However, this mobility may be upward or downward.

Example : People of lower caste or class may provide facilities to their children to get higher education, training and skills, with the help of which the younger generation may get employment in higher position.

5. (A) Complete the concept maps.

Question 1.

Answer:

5. (B) State whether the following statements are true or false with reasons.

Question 1.
There is no mobility in the class system.
Answer:
This statement is False.

1. Class system is an example of open stratification in which individuals or groups enjoy the freedom of changing their social strata, i.e., in class system there is scope for social mobility. Individuals or groups move from one strata to another.
2. The class system in modern industrial society (Upper class, middle class and lower class) is an example of open stratification.
3. The criteria of open stratification i.e., class system are power, property, intelligence, skills, etc.

Question 2.
Education had led to women’s empowerment.
Answer:
This statement is True.

1. Education is a milestone of women empowerment because it enables them to respond to challenges, to confront their traditional role and change their life.
2. Education creates occupational achievement, self-awareness, satisfaction etc.
3. Education is one of the main levers of social class which has helped women empower and change their status in society.

6. Answer the following in detail (About 150-200 words).

Question 1.
Discuss class and gender as forms of social stratification with suitable examples of your own.
Answer:
Class as a form of social stratification:
A social class is made up of people of similar social status who regard one another as social equals.
Each class has a set of values, attitudes, beliefs and behaviour norms which differ from those of the other classes. A social class is essentially a status group which is achieved. Class is almost a universal phenomenon. Each social class has its own status in the society. Status is associated with prestige. A social class is relatively a stable group. Social class represent an open social system. An open class system in one in which vertical social mobility is possible.

Example : Within this system, individuals can move from one class to another through hard work, education and skills. Ownership of wealth and occupation are the chief criteria of class differences but education, hereditary, prestige, group participation, self identification and recognition by others, also play an important role in class distinction.

Gender as a form of social stratification:
Gender stratification refers to social ranking, where men typically inhabit higher statuses than women. A common general definition of gender stratification refers to the unequal distribution of wealth, power and privilege between the two sexes. Throughout the world, most societies allocate fewer resources to women than men. Almost all societies are characterized by sexism. Sexism is the belief that one sex is superior than the other. Although, societies have been believing in the superiority of men over women and therefore have been dominating women. This male dominance is supported further by patriarchy. The process of socialization is gendered and creates gender hierarchy. Example : Boys are given toy cars or lego sets or bat and ball to play whereas girls are given household sets, medical sets, dolls, etc.

11th Sociology Digest Chapter 7 Social Stratification Intext Questions and Answers

ACTIVITY (Textbook Page No. 75)

Question 1.
Watch the Marathi movie, ‘Fandry’ and write a film review describing the social, cultural and economic obstacles created by caste barriers.
Answer:
Review of the Marathi Movie ‘Fandry’. The film powerfully busts the myth of individual merit in a caste-decided society. In a small village in Maharashtra Jabya portrays friend Pirya are the only two boys from a so-called untouchable caste. Jabya doesn’t want to consider his caste an obstacle to his aspirations. These hopes of wanting to move out of the confines of his caste are shown through Jabya’s love for his classmate Shalu, an upper caste by birth. Jabya and Pirya, meanwhile want to hunt down the exclusive black sparrow which Jabya believes would help him to win Shalu’s love. His father Kachru wants him to continue their tradition. From being called blacky to being made to feel ashamed of his mother’s occupation. When she comes to school Jabya’s trials indicate the prejudices that make the promise of equality sound like unreal.

In theory, Jabya’s school is supposed to uplift him to a modern and caste-less society where he should be able to choose the work he wants to do. Yet we see how modern education itself is not free from caste. In caste system social set up everything is pre-decided by one’s caste, whom one can love and be friends with, the occupation he has to choose etc. Fandry makes visible the way in which caste is so central to all our relatives.

Question 2.
In today’s world the characteristics of caste are changing. Find out which of the characteristics are changing and which are remaining constant. Conduct a group discussion on the same. (Textbook Page No. 75)
Answer:
In the modern age, many changes happen in the features and functions of caste system. A group discussion can be conducted on the following changes within the caste system.

1. Decline in the superiority of upper caste.
2. Changes in the restrictions regarding social habits.
3. Changes in the restrictions regarding marriage.
4. Changes in the restrictions regarding occupation.
5. Changes in the disabilities of lower castes.
6. Loss of faith in the ascribed status.
7. Changes in lifestyle.
8. Changes in inter-caste relations.
9. Changes in the lower of caste Panchayats.
10. Restrictions on education removed
11. Changes in the philosophical basis.

Question 3.
Divide the class into groups. Each group can select one of the issue mentioned and collect information on it. The group should present their findings to the class. (Textbook Page No. 78)
Answer:
Present findings on any one of the issues to the class.
1. The Economy : Explains how women are being paid low for some amount of work done by men in various unorganized sectors. Also, dual role played by women and unpaid work.

2. The Polity : Explains about women exercising the power of right to vote, in spite of reservation for women, the number of women in official positions of power are less as world leaders, less number of women at war and peace movements.

3. Crime : Explains the crime committed by women, increase in number of women coming in conflict with the law; women prisons in India are relatively less crowded, women commit fewer and different crimes compared to men.

4. Religion : Most religions elevate the status of men over women and have striker sanctions against women and require them to be submissive.

5. Family : In spite of women sharing the economic role, the role of men in raising children is still minimum or negligible. Traditional sexual division of labour where women looked after the house and men played the role of economic provider is still prevalent in the society. Women are expected to balance between home and work.

6. Health : Women neglect their health and nutrition. The frequency of women to visit a doctor is very less as most of the time they manage with home remedies.

Question 4.
Find out examples of intergenerational and intragenerational mobility from your surroundings and present it in your classroom.
Answer:
1. Intergenerational mobility means one generation changes its social status in contrast to the previous generation.
Example : Eminent personality like Dr. B. R. Ambedkar.

2. Intragenerational mobility this type of mobility takes place in the life span of one generation. Example : A person may start one’s career as a clerk and after acquiring more education over a period of time he becomes an IAS officer. Students should find out similar examples of intergenerational and intragenerational mobility from their surroundings.

Question 5.
Arrange the group reading of any two of the following books and conduct a group discussion on the caste and gender discrimination/inequality Baburao Bagul-Jevha Mi Jaat chorli Hoti, Daya Pawar- Baluta, Urmila Pawar- Aaydaan, Omprakash Valmiki- Jhootan, Kishor Shantabai Kale- Against all Odds. (Textbook Page No. 81)
Answer:
Baburao Bagul – ‘Jevha Mi Jaat Chorli Hoti’: This most poignant story recites about an educated Dalit trying to escape his caste profession of scavenging, is an ethnography of caste oppression, description of gender roles shaped by caste, the way Dalit women are oppressed, critique of the political economy of a caste society.

Daya Pawar – ‘Baluta’ : It generalizes the status of rural untouchables. Baluta is a collection of memories of life trapped within the framework of India’s caste system. The frustration and helplessness of being born as a Dalit and the inner conflict in the writer’s mind. He thinks of education as a means to escape from his downtrodden life but ends up being the agent of his lifelong distress.

Urmila Pawar – ‘Aaydaan’: The lives of different members of the family are woven together in a narrative that gradually reveals different aspects of the everyday life of Dalits the manifold ways in which caste assets itself and grinds them down.

Omprakash Valmiki – ‘Jhootan’ : An autobiography by Omprakash Valmiki in which he has explored the issues of Dalits. Being socially segregated for centuries the Dalits are obliged to live a helpless life.

Kishor Shantabai Kale – ‘Against all Odds: The book raises many questions about the exploitation life of women in Kolhati community.

Balbharti Maharashtra State Board Class 11 Sociology Solutions Chapter 1 Introduction to Sociology Textbook Exercise Questions and Answers.

Maharashtra State Board Class 11 Sociology Solutions Chapter 1 Introduction to Sociology

1. (A) Choose the correct alternative and complete the statements.

Question 1.
The term ‘Socius’ means ………………..
(science / companion / social)
Answer:
companion

Question 2.
The term ‘logos’ means ………………..
(associate / science / methodology)
Answer:
science

Question 3.
…………………. is often regarded as the ‘Father of Sociology’.
(Durkheim / Weber/ Comte)
Answer:
Comte

Question 4.
When sociologist make an effort to understand practical problems of daily life it is a/an …………….. science.
(pure / application / theoretical)
Answer:
application

1. (B) Correct the incorrect pair.

Question 1.
(a) Study of role of biology in human life – Bio-Sociology
(b) Study of social words of Art and Aesthetics – Sociology of Art
(c) Theoretical of knowledge in sociology in marketing segmental division of customers, Needs analysis etc. – Sociology of Market Research
(d) Study of visual dimensions of social life – Diaspora Studies
Answer:
(d) Study of visual dimensions of social life – Visual Sociology

1. (C) Identify the appropriate term from the given options.

(Diaspora Studies, The Positive Philosophy, Theoretical Science)
Question 1.
Comte coined the term sociology in this book.
Answer:
Positive Philosophy

Question 2.
Sociology is concerned with developing sociological theory.
Answer:
Theoretical Science

1. (D) Correct underlined words and complete the sentence.

Question 1.
When sociological research is done for its own sake it makes sociology a/an applied science.
Answer:
When sociological research is done for its own sake it makes sociology a pure as well as a social science.

Question 2.
Rape, hate, crimes and terrorism are examples of social institutions.
Answer:
Rape, hate, crimes and terrorism are examples of social problems/ pathology.

2. Write short notes.

Question 1.
Nature of sociology
Answer:

1. Sociology is an empirical science : Sociology studies and analyses social facts on the basis of scientific method. Empiricism is it’s central feature as a science.
2. Sociology is a theoretical and applied science : Verification and formulation of new theories is a constant process in sociology. Also, many branches of sociology are based on the application of sociological knowledge to the field. Hence, it is a ‘pure’ as well as an ‘applied’ social science.
3. Sociology is a factual science : The aim of sociology of to find out the reality of society hence sociology studies the constructive part ans destructive elements in society.
4. Sociology is a holistic science : Sociology does not limit itself to the study of any specific or particular aspect of society. It studies society as a whole.

Question 2.
New emerging areas in sociology
Answer:
The subject matter of sociology is very wide. Hence, new areas emerging in sociology are:

1. Bio-sociology : Studies the role of biology in human social life.
2. Sociology of art : Helps to understand the social world of art and aesthetics.
3. Sociology of market research : It deals with the theoretical knowledge of sociology in marketing, segmental division of customers, needs analysis etc.
4. Visual sociology : Based on visual dimensions of social life.
5. Diaspora studies : Studies migration and its cultural, literacy, social, demographic, anthropological, political, economic impact and international of relations.

Question 3.
Enlightenment period
Answer:

1. The Europe produced a ‘Scientific Revolution’ in the Renaissance period. There was increased emphasis on science in society as a whole. The technological advancement influenced every sector of life.
2. The ideas and discoveries contributed by science led to emergence of sociology. This era is known as the enlightenment period.
3. The Enlightenment period saw the beginning of the scientific revolution. Science was considered in the social context and looked at as a tool for satisfying the needs of humanity.
4. New scientific discoveries helped in the eradication of blind beliefs. This period has made a significant contribution to shaping a scientific attitude in Sociology.

3. Differentiate between.

Question 1.
Natural Science and Social Science.
Answer:

Natural Science	Social Science
(i) A study of natural Sciences includes physical, chemical and biological factors of nature.	(i) Social sciences like economics, political science, sociology studies different aspects of society with major concerns of human beings.
(ii) It studies objectively and in very scientific manner because experimentation in the laboratory is possible.	(ii) It also studies objectively and adopts certain scientific methods but to conduct experiment in the laboratory is not possible at all times.
(iii) Results and findings are more accurate and exact.	(iii) Difficult to maintain accuracy and exact predictions about human behaviour.
(iv) Example : Biology, Chemistry, Physics, Botany etc.	(iv) Example : Sociology, Geography, History etc.

Question 2.
Theoretical Science and Applied Science.
Answer:

Theoretical Science	Applied Science
(i) Theoretical research is explanatory and leads to the advancement of knowledge.	(i) Applied science is for development purposes and solves practical problems of society.
(ii) Theoretical framework is the structure that can hold the theory.	(ii) Applied science means practical application of sociological theory.
(iii) The purpose of theoretical science is to increase understanding.	(iii) The purpose of applied science is to bring about social change.
(iv) Example – A study of the social structure of a slum.	(iv) Example – A study, to prevent delinquency in a slum.

4. Explain the following concept with suitable examples.

Question 1.
Diaspora
Answer:

1. Diaspora is he movement of the people from their original place to other geographical area.
2. Though people migrate they maintain their originality in the migrated area.
3. The people though they have migrated from their original place, follow their rituals, customs and maintain their original existence in areas where they have been migrated.
   Example: Migration of rural people to urban area.

Question 2.
Bio-Sociology
Answer:

1. Bio-Sociology is a subject that has emerged relatively recently in Sociology.
2. Researchers in the area use a variety of sociological methodologies to study the role of biology in human social life.
3. Biologically male and female are different. Both have different strength and capacity because of their body structure. But in society culture plays different role in nurturing them.
4. These discrimination and differences affected the society in a great way. Bio-Sociology helps to understand this concept.
   Example : Gender differences and discrimination.

5. (A) Complete the concept maps.

Answer:

5. (B) State whether the following statements are true or false with reasons.

Question 1.
The French revolution led to changes in society.
Answer:
This statement is True.

1. French Revolution was one of the best examples of struggle for freedom and equality.
2. Through this revolution feudal system had been overthrown. The new system came into existence which was based on the principles of liberty, fraternity and equality.
3. French revolution brought tremendous changes in the life of the people not only in France but all over Europe. Hence, French revolution led to changes in society.

Question 2.
The development in natural sciences has had an impact on sociology as a discipline.
Answer:
This statement is True.

1. Natural sciences are differentiated from other modes of knowledge, by method, not by subject matter.
2. The revolutionary concept that social phenomena are natural phenomena and therefore can be studied by natural – science methodology is being rapidly accepted.
3. Sociology uses scientific methods and research to solve the many problems of society like poverty unemployment etc. Hence, the development in natural science has had an impact on sociology as a discipline.

6. Give your personal response.

Question 1.
Is India in the ‘scientific’ stage of growth? Explain why you hold the view that you do.
Answer:
Yes, India is in the ‘scientific’ stage of growth.
During ancient period India faced many social problems like blind faith, illiteracy, child-infanticide etc. Many cultural, political differences etc., were followed. By adopting scientific method, sociologist have been trying to minimize the problems. They have suggested some measures to the government to find out certain solutions to solve the problems.

The technological and scientific advancement influenced every sector of life. India’s scientific stage of growth includes technical development, which have resulted in technological inventions for scientific growth.

Question 2.
Explain in brief the link between cinema and society.
Answer:
Cinema is one of the means of mass media. Cinema and society are inter related and inter connected with each other. Society influences the cinema and vice versa. But cinema has both positive and negative influences on the society. As far as India is concerned one can find diversity in each and every aspect of society. In such situations cinema plays important role in integrating the society. It also helps to inculcate certain values like honesty, hard work, sympathy, charity, brotherhood etc.

Society influences the cinema and its subject matter. Film makers give special attention on the interest and demand of the people of the society.

7. Answer the following in detail (About 150-200 words).

Question 1.
Discuss with suitable examples, the scope of sociology in today’s world.
Answer:
The following points explains the scope of sociology in today’s world.
1. Bio-Sociology – Example : Gender differences and discrimination. Researchers in the area* use a variety of sociological methodologies to study the role of biology in human social life.

2. Sociology of Art – Example : Warli paintings depicts their lifestyle or paintings related with Mohenjo Daro and Harappan Civilization. This area helps to understand the social world of art and aesthetics. This field seeks to understand the social context of the production and consumption of art.

3. Sociology of Market Research – Example : Advertising of bathing soap by convincing the people that they have used river Ganga’s water in that. This is an applied field that connects marketing and sociological strategies to understand the market in a meaningful way.

4. Visual Sociology – Example: A researcher takes help of newspaper, film, movie, photographs for their study or for the study of a particular society. Visual sociology is concerned with visual dimension of social life. With the help of film, movie, pictures one can visualize or imagine a particular problem, on the basis of which valid and relevant data can be collected.

5. Diaspora Studies – Example : Migration of rural people to urban area. Diaspora is one of the movements of the people from their original place to other geographical area. Though people migrate they maintain their originality in the migrated area. The people though they have migrated from their original place, follow their rituals, customs and maintain their original existence in areas where they have been migrated.

11th Sociology Digest Chapter 1 Introduction to Sociology Intext Questions and Answers

ACTIVITY (Textbook Page No. 6)

Question 1.
You have read about commercial, scientific, industrial and French revolutions which were responsible for the emergence of Sociology as a discipline. Identify the effects of industrial development on Indian society.
Answer:
The effects of industrial development on Indian society are:

1. The use of new tools, machinery and techniques have increased the production speed of goods.
2. Development of trade, new institutions like, banks, credit /debit card facilities emerged.
3. Industrialization lead to Urbanization leading to migration of people from rural to the urban areas.
4. Rise in the factory system of production which provided many new job opportunities in small and large scale industries.
5. Emergences of new organisation and industrial policy.
6. Increase in national income.
7. Improved living standards of the people.
8. Stimulation of progress in other sectors of the economy.
9. Promotes specialization of labour.
10. Provides large scope for technological progress.

Question 2.
Interview two people from your local area, who have migrated from another place. Find out the reasons for shifting and ask about their experiences and problems. (Textbook Page No. 8)
Answer:
Following is a case of inter-state migration in India.
Interview name : Mr. XYZ
Migrated from : Bihar
Migrated to : Mumbai.
Reasons : Advanced economic and social life. Advanced / better quality of education. Faster access to facilities and services like healthcare, education, etc. Higher job opportunities and better standard of living.

Experience : As time passes, a house on rent. Good education to children. Happy urban life.
Problems : Language barriers
Discrimination and inequality
Less paid
Difficulties in job hunting
Exploitation housing problems

Question 3.
Visit any nearby NGO and collect information about their work. Prepare a PPT and present it in your class. (Textbook Page No. 9)
Answer:
Akshara : Empowering Women and Girls.
Akshara is a society helping women live a violent free dignified life without discrimination. It focuses on empowering women and girls through education, productive works and resistance to violence in their lives, so they can be strong and independent contributing members to society.

Akshara has a three-dimensional vision for change:

1. Changing hearts and minds of young women and men.
2. Transforming public attitudes
3. Reforming systems that deny gender justice

Work – (a) Akshara provides scholarships for education, training in life and technical skills and job placements for socially, economically disadvantaged young women.
(b) Akshara trains young men to become support gender equality and take up personal and social action.
(c) Akshara caters gender oriented educational stuff, online a training material videos and documentaries.
(d) Akshara lobbies with the state.

Vision – To establish a gender equality and violence free society
Goods – (a) Enhance societal consciousness on gender inequality.
(b) Employment of women and youth.
(c) Prevent violence towards women.

Question 4.
Discuss the statement listed
(i) Sociology is practical and related to life
(ii) Careers in Sociology. (Textbook Page No. 11)
Answer:
(i) Sociology is practical and related to life : Practical sociology refers to a form of sociological practice that is concerned with using sociological theories and research to understand on going activities. It is the task of sociology to study the social problems through the methods of scientific research and to find out solutions to them.

Sociology studies everyday social life, human interaction, institutions, behaviour and its origins. Sociology helps us to understand our and other people’s culture and environment.

(ii) Careers in Sociology.

1. Human Resources
2. Journalism
3. Social Work / Public services
4. Academics
5. Consumers Relations
6. Lawyer
7. Guidance Counsellor (Guidance counsellor use knowledge of the Sociology of learning to help students navigate the academic world.)

Balbharti Maharashtra State Board Organisation of Commerce and Management 11th Textbook Solutions Chapter 8 Introduction to Management Textbook Exercise Questions and Answers.

Maharashtra State Board 11th Organisation of Commerce and Management Solutions Chapter 8 Introduction to Management

1. (A) Select the correct option and rewrite the sentences

Question 1.
Management is ………………….
(a) dynamic
(b) static
(c) selective
Answer:
(a) dynamic

Question 2.
Management uses …………………. method of observation.
(a) unscientific
(b) artificial
(c) scientific
Answer:
(c) scientific

Question 3.
To help top level management in co-ordinating the activities is the function of …………………. level management.
(a) middle
(b) lower
(c) top
Answer:
(a) middle

Question 4.
To look after maintenance of machinery is the function of …………………. level of management.
(a) top
(b) middle
(c) lower
Answer:
(c) lower

Question 5.
Management is …………………. oriented action.
(a) policy
(b) profit
(c) goal
Answer:
(c) goal

1. (B) Match the pairs

Question 1.

Part A	Part B
(a) Management	(1) Need of creativity
(b) Management as a profession	(2) Can be seen.
(c) Top level management	(3) Administration
(d) Management as an art	(4) Intangible
(e) Lower level management	(5) Formal education
	(6) Policy framing.
	(7) Implementation of policies
	(8) Selective
	(9) Directing subordinates to complete the task
	(10) Cause effect relationship

Answer:

Part A	Part B
(a) Management	(4) Intangible
(b) Management as a profession	(5) Formal education
(c) Top level management	(6) Policy framing.
(d) Management as an art	(1) Need of creativity
(e) Lower level management	(9) Directing subordinates to complete the task

1. (C) Give one word / phrase / term

Question 1.
The art of getting things done through others.
Answer:
Management

Question 2.
The second level of management.
Answer:
Middle level

Question 3.
Systematic body of knowledge.
Answer:
Management as a Science

Question 4.
The level of management related to Managing Director.
Answer:
Top level management

Question 5.
Level of management that link top level and lower level management.
Answer:
Middle level management

1. (D) State True or False

Question 1.
Management is an ancient activity.
Answer:
True

Question 2.
Management is not objective oriented.
Answer:
False

Question 3.
In small organization also management is required.
Answer:
True

Question 4.
Middle level management forms policy of an organization.
Answer:
False

Question 5.
Various principles and techniques are used in management.
Answer:
True

1. (E) Find the odd one

Question 1.
Management is an – art, a science, a commerce, a profession.
Answer:
a commerce

Question 2.
Management as an Art – Singer, Actor, Dancer, Doctor.
Answer:
Doctor

Question 3.
Management as Profession – Doctor, Chartered Accountant, Lawyer, Singer.
Answer:
Singer

Question 4.
Level of Management – Lower Level, Middle Level, Top Level, High Level.
Answer:
High level

Question 5.
Top Level Management – Board of Directors, Presidents, Purchase Manager, Chief Executive Officer (CEO).
Answer:
Purchase manager

Question 6.
Middle Level Management – Departmental Head, Finance Manager, Production Manager, Supervisor.
Answer:
Supervisor

Question 7.
Lower Level Management – Supervisor, Foreman, Finance Manager, Office Superintendent.
Answer:
Finance Manager

1. (F) Complete the sentences

Question 1.
The English verb ‘manage’ came from Italian word ……………….
Answer:
Maneggiare

Question 2.
To manage is to forecast, to plan, to organize, to command, to co-ordinate and to ……………….
Answer:
control

Question 3.
Organization is a group of person who work together to achieve a ……………….
Answer:
common goal

Question 4.
Link between the top level and lower level of management is called as ……………….
Answer:
middle level management

Question 5.
Lower level management works under ……………….
Answer:
middle level management

Question 6.
Art is the bringing about a desired result through the application of ……………….
Answer:
skills

Question 7.
Any knowledge which is scientifically developed and consists of universally accepted principles is known as a ……………….
Answer:
science

Question 8.
Science is based on systematic experiments, on certain rules and on ……………….
Answer:
principles

Question 9.
Teacher, Doctor, C.A., Lawyer comes under the term ……………….
Answer:
profession

1. (G) Select the correct option

(Finance Manager, Art, CEO, Profession, Supervisors)

Part A	Part B
(1) Top level	—————-
(2) —————–	Lower level
(3) Middle level	—————-
(4) ————-	Doctor
(5) Singer	—————-

Answer:

Part A	Part B
(1) Top level	CEO
(2) Supervisors	Lower level
(3) Middle level	Finance Manager
(4) Profession	Doctor
(5) Singer	Art

1. (H) Answer in one sentence

Question 1.
What is called as management?
Answer:
Getting work done through others is called as management.

Question 2.
Name, the levels of management?
Answer:
Top level, middle level and lower level are the three levels of management.

Question 3.
What is top level management?
Answer:
The level of management that decides the long term objectives of organization and frame the plans and policies and take decisions is called as top level-management.

Question 4.
What do you mean by middle level management?
Answer:
The level of management which is concerned with implementation of plans and policies in the organization with the help of lower level management is known as middle level management.

Question 5.
What is lower level management?
Answer:
The level of management which is considered to do actual execution of plan is called as lower level management.

Question 6.
What do you mean by an art?
Answer:
An art means skill of individual, creativity, regular practice, personal abilities and innovativeness.

Question 7.
What is science?
Answer:
Science is a systematic body of knowledge and scientific methods.

Question 8.
What is the meaning of a profession?
Answer:
Profession means an individual having adequate knowledge and abilities which is helpful to handle different situations. They are trained people having formal education in management school and have a code of conduct.

1. (I) Arrange in proper order.

Question 1.
Middle level management, Top level management, Lower level management.
Answer:
Top level management, Middle level management, Lower level management.

Question 2.
Departmental Head, CEO, Supervisors, Managing Director.
Answer:
CEO, Managing Director, Departmental Head, Supervisors.

Question 3.
Office clerk, Shareholders, Managing Director, Board of Director.
Answer:
Shareholders, Board of Directors, Managing Director, Office clerk.

1. (J) Correct the underlined word and rewrite the following sentences

Question 1.
Management is only an art.
Answer:
Management is an art, a science and a profession.

Question 2.
There are five levels of management.
Answer:
There are three levels of management.

Question 3.
Lower level management works under top level management.
Answer:
Middle level management works under top level management.

Question 4.
Middle level management works under lower level management.
Answer:
Middle level management works under top-level management.

Question 5.
Management is pure science.
Answer:
Management is a social science.

Question 6.
The entry in any profession is not restricted.
Answer:
The entry in any profession is restricted.

Question 7.
Professionals need informal education.
Answer:
Professional need formal education.

2. Explain the following terms/concepts

Question 1.
Top level management.
Answer:

1. The top level management decides the long term objectives of organization, frames plans and policies and take decisions.
2. It consists of Board of Directors, Managing Director,CEO, President, etc.

Question 2.
Middle level management.
Answer:

1. The middle level management is a link between top level and lower level management.
2. It works under top level management.
3. This level is considered with implementation of plans and policies in the organization with the help of lower level management.
4. It consists of Head of Departments / Branch managers / Incharge, etc.

Question 3.
Lower level management.
Answer:

1. This is the last level of management.
2. It is a supervisory level of management.
3. It consists of superintendents, supervisors, foremen and junior executives.
4. Lower level management receives instructions from the authorities i.e. middle level management and direct subordinates wherever necessary.

3. Study the following case/situation and express your opinion

1. While working in a company, Pranav used to give order to his subordinates about what is to be done and which work is to be done? In this organization, various employees like Pratap are doing their work assigned by Pravin. In this company, Pravin submits his report of work completion to Pranav after completing the work done by the employees like Pratap.

Question 1.
Identify different levels of management in above mentioned company.
Answer:
There are two levels of management i.e. middle and lower level of management in above mentioned company.

Question 2.
Find the level of Pranav in management of company.
Answer:
Pranav works in the middle level management of company.

Question 3.
Explain the functions and role of Pratap in his company.
Answer:
Pratap is an employee in a company. He works at the lower level. He executes the work assigned by Pravin.

4. Distinguish between the following

Question 1.
Top level Management and Middle level Management.
Answer:

	Top Level Management	Middle level Management
(1) Meaning	Top level management refers to top position in the organization such as Board of Directors, CEO, President, Managing Director, etc.	Middle level management refers to middle positions in the organization such as Departmental head, Managers like Finance manager, Production manager, Sales manager, Marketing manager, etc.
(2) Nature of Work	It is concerned with framing plans and policies of the entire organization.	It is concerned with implementation of policies framed by top level management with the help of lower level management.
(3) Skills	It requires conceptual or decision making skills than technical skills.	It requires combination of conceptual and decision making skills than technical skills.
(4) Promotion Policy	Policy    At this level promotion is given on merit.	At this level promotion is based on merit as well as seniority basis.
(5) Time Frame	It considers longer period of time i.e. 5 to 20 years.	It considers medium period of time i.e. 1 to 5 years.
(6) Responsibility	Top level is responsible to shareholders, government and society.	Middle level is responsible to top level management.
(7) Flow of Order	Orders and instructions are passed to middle level.	Orders and instructions are passed to lower level and report of the work is submitted to top level.

Question 2.
Middle Level Management and Lower Level Management.
Answer:

	Middle Level Management	Lower Level Management
(1) Meaning	Middle level management refers to middle positions in the organization. E.g. departmental head, finance manager, etc.	Lower level management refers to lower / last positions in the organization. E.g. superintendents, supervisors, etc.
(2) Nature of Work	It is concerned with implementation of policies framed by top level with the help of lower level.	It is considered with actual execution of planning.
(3) Skills	It requires both conceptual and technical skills.	It requires more technical skills than other skills.
(4) Promotion Policy	Promotion is based on merit as well as seniority basis.	Promotion is based on seniority basis.
(5) Time Frame	It considers medium term i.e. 1 year to 5 years.	It considers very short period of time i.e. upto one year.
(6) Responsibility	It is responsible to top level management.	It is responsible to both top and middle level management.
(7) Flow of Order	Instructions and orders are passed to Lower level and report of the work is submitted to top level	Implementation is done as per the orders of middle level and reports are submitted to middle level.

Question 3.
Top Level Management and Lower Level Management.
Answer:

	Top Level Management	Lower Level Management
(1) Meaning	Top level refers to top positions in the organization. e.g. Board of directors, Managing Directors, CEO, President, etc.	Lower level management refers to lower positions in the organization. e.g. Junior Executives, Foremen, etc.
(2) Nature of Work	It is concerned with framing plans and policies of the entire organization.	It is concerned with execution of plans and policies.
(3) Skills	It requires conceptual or decision making skills than technical skills.	It requires more technical skills than conceptual skills.
(4) Promotion Policy	Promotion is based on merit basis.	Seniority is preferred for promotion.
(5) Time Frame	It considers for longer period of time i.e. 5 to 20 years.	Basically it is very short period of time i.e. upto 1 year.
(6) Responsibility	It is responsible to Shareholders, Government and Society.	It is responsible to middle as well as top level management.
(7) Flow of Order	Orders and instructions are passed to middle level.	It implements orders of middle level and also reports to the middle level.

5. Answer in brief

Question 1.
State any four features of Management.
Answer:
Following are the features of management:
(i) Management is Goal Oriented : Management activity is done to achieve pre-decided goals. The success of organization is calculated on the basis of achievement of desired goals. The success depends on proper management of all available resources. Management decides the goals before conducting the activity. The manager takes efforts to achieve these goals. So management is goal oriented.

(ii) Management is a Group Activity : “Management is an art of getting things done through others.” The above definition explains that management is done through / with the people. It is done by co-ordinating all resources effectively and efficiently. The activities are done under the guidance of manager by its team members. Also in organisation decisions are taken by the group of people such as Board of Directors, Shareholders, etc.

(iii) Management is Intangible : Management is the collective efforts of manager. It is a process of planning, organizing, decision making, directing and controlling. These cannot be seen physically. However, the results of best management can be experienced in the form of increased profits, attainments of pre-decided so management is tangible in nature.

(iv) Management is a Continuous Process : Management is essential throughout the life of organisation. It is necessary to start the activity, to run the activity in smooth manner and also to control the activity. It is endless process. It is required for survival of the organization continuously.

Question 2.
Write any four functions of Top Level Management.
Answer:
Following are the functions of Top Level Management:

1. To decide long term objectives of the organisation.
2. To frame plans and policies to achieve the set objectives.
3. To observe that policies are properly implemented.
4. To create various department and positions.

Question 3.
Write any four functions of Middle Level Management.
Answer:
Following are the functions of Middle Level Management:

1. To link the top level management and lower level management.
2. To understand plans and policies framed by top level management and prepare plan of action according to the nature of department.
3. To assign duties and responsibilities to the staff of the concerned department to achieve pre-defined goals.
4. To appoint lower level staff.

Question 4.
State any four functions of Lower Level Management.
Answer:
Following are the functions of Lower Level Management:

1. Do work under Middle Level Management.
2. To assign work to subordinates.
3. To give instruction to subordinates.
4. To direct the subordinates wherever necessary.

Question 5.
State any two points of relationship about management as an art.
Answer:
The relationship between art and management are:
(i) Personal Skills : In organization, every manager has to handle different situations, has to solve various problems, has to handle human resource, etc. with his own style. This style varies from manager to manager and so the result. This is because of the different skills and abilities of each person.

(ii) Creativity : Creativity refers to the ability to find something new and innovative. Manager finds out new ways to conduct organizational activities and to achieve desired goals. Manager develops new ideas according to the changes in business situation and in the business environment.

Question 6.
Explain any two points of relationship about management as a science.
Answer:
The following points shows there is a relationship in management as a science:
(i) Systematic Body of Knowledge : Pure science is based on systematic experiments, certain rules and principles. Management principles and functions are also based on the experiments which can be studied through various different management theories, techniques and approaches given by different management thinkers.

(ii) Universal Applicability of Principles : Scientific principles can be applied in all over the world in similar situation. Therefore, the same result can be drawn. Management principles are universal in nature. They can be applied everywhere, anytime and in any condition.

Question 7.
State hny two points of relationship about management as a profession.
Answer:
The relationship between profession and management can be seen with the help of following points:
(i) Expertise : A professional is an expert in his field. He has acquired specific knowledge through formal education. Also he has particular skill in practicing as a professional. Manager also becomes an expert by practicing regularly in the specific field and can acquire certain knowledge and skill.

(ii) Registration : Professionals need to register themselves with their associations. For example, a Chartered Accountant should register himself with Institute of Chartered Accountant of India i.e. ICAI. Without registration certificate he cannot practice. In case of managers, there is no such body to register themselves. However, managers can take the membership of ‘Chambers of Commerce’ which gives them benefits.

6. Justify the following statements

Question 1.
Management is essential in professional and non-professional activities.
Answer:
(i) As management is universal in nature it is applicable everywhere, either it is a professional activity or non-professional activity.

(ii) Every person performs certain activity to achieve pre-decided goals. E.g. earning of profit, winning games, competitions, to increase goodwill, etc.

(iii) Organisations either large, medium or small, profit making or non-profit making, government or non-government organisation, etc. to get success, to attain goals every time management plays a vital role. It’s application ensures smooth functioning of business.

(iv) A professional acquires certain specific formal education. He has specific skill to achieve his goals. He performs management functions like planning, organizing, controlling, etc. Similarly, while performing non- professional activities like plantation of tree, blood donation campaign, a person also requires to perform certain management functions.

(v) Thus, management is essential in performing professional as well as non-professional activities.

Question 2.
Level of management depends upon the size of organization.
Answer:
(i) Making different parts for the smooth functioning of business and to achieve decided goals is called levels of management.

(ii) The size of business is small, medium or large. Every business needs to manage the activities efficiently and’ effectively.

(iii) The levels of management depends on size of organization. If the size of organization is small the classification of levels becomes easy and simple. Whereas in large organization, it becomes difficult and complicated. The levels of management in such organisation may be classified into three parts i.e. Top level, Middle level and Lower level.

(iv) These levels of management are important in organization. These levels have their own functions. As per that they have to perform their duties and responsibilities to attain their set goals and objectives.

(v) Thus, levels of management depends on size of organisation.

Question 3.
Management is a group oriented action.
Answer:
(i) In the words of Mary Parker Follet, “management is an art of getting things done through others”. Management focuses on completing the work through human resource.

(ii) It is co-ordinating of all available resources effectively and efficiently. In organisation, the activities are done by the subordinates, employees under the guidance of a manager.

(iii) A manager, though he is competent, able, has capacity, skills to perform the organizational task, it is not possible for a single manager to perform all the activities related to the said task alone.

(iv) To fulfill or accomplish the objectives and goals, he needs the help of other people, as it should be divided among all the employees, as per their skill, qualification, interest, knowledge and experience.

(v) Thus, management is a group oriented activity.

Question 4.
Management is an art.
Answer:
(i) An art is the bringing about a desired result through the application of skills. It is an innovativeness and creativeness of a person. This is a natural and inborn quality of a person. But with the help of proper education and practice one can developed the quality or qualities. E.g. acting, dancing, cycling, magician, singing, drawing, skating, musician, sports etc. comes under art.

(ii) Art does not require any specific educational qualification or it not any compulsion. It is inborn quality or a skill.

(iii) As a manager, in organisation he has to handle various kinds of situations, employees, other resources effectively and efficiently with his own style. So he uses his skills which are either inborn or developed by practice and formal education.

(iv) A manger must be innovative. He should handle the conditions. He should not use same methods all the time. Like an artist, he has to develop his skills by regular practice. He should use different techniques and skills to get perfect result. This is possible due to regular practice.

(v) Every managers has different abilities and skills. They have to use their own abilities and skills to guide the people to achieve their goals.

(vi) Thus, manager need to be creative and skilled like an artist. Hence, management is an art.

Question 5.
Answer:
There is no need of registration for managers.

1. Every professional is registered with the concerned body or organisation. A professional is formally, educated and also a skilled person.
2. A manager, now-a-days, possess a diploma or degree in management studies like Indian Institute of Management (IIM), PUMBA (Savitribai Phule Pune University, MBA) etc. A person who wants to be a manager acquires the required knowledge of the profession and trains himself / herself for the managerial job.
3. As management is a profession, a manager is not practicing independently. He is an employee of the organisation.
4. Thus, there is no need of registration for managers.

Question 6.
Management is a continuous process.
Answer:

1. Management is a continuous process. It is an important feature of management.
2. A manager of an organisation has to perform managerial work to achieve pre-defined goals of the organisation. To achieve these goals, he as a manager applies various functions of management, principles of management and also techniques of management.
3. From the beginning till the achievement of success, continuous efforts of every individual is required.
   Continuity is an integral part of management. It is necessary through out the life of an organisation.
4. Therefore, management has become necessary to start the activity and to run the activity at the business smoothly.
5. Thus, management is a continuous activity. It is not a one time process, but it is never ending process.

Question 7.
Planning is a task of top level management.
Answer:

1. Planning means thinking before doing. It is thinking in advance. Before the action, there is a thinking process.
2. In the large organisation, management levels are divided into three parts i.e. top, middle and lower.
3. At the top level management, very few personnels are involves. They are Board of Directors, Managing Directors, President, Chief Executive Officer, etc.
4. The main function of top level management is to frame the plans and policies of the whole organisation to achieve its goals.
5. It decides the long term objectives of the organisation and also frames particular plans and policies to get them. Further, it also sees that the policies are properly implemented.
6. Framing of organizational objectives and accordingly plans and policies to achieve them becomes a tough task of top level management.
7. Thus, Planning is a task of top level management.

7. Attempt the following

Question 1.
State the definition of management.
Answer:
Following are some definitions given by management thinkers :

1. “Management is an art of getting things done through others.” – Mary Parker Follet
2. “To manage is to forecast, to plan, to organize, to command, to co-ordinate and to control”. – Henry Fayol
3. “Management is knowing exactly what is to be done and seeing that it is done in the best possible manner.”
4. “Management is the process consisting of planning, organizing, actuating and controlling, performed to determine and accomplish the objectives by the use of people and resources”. George Terry.

Question 2.
State the features of management.
Answer:
(i) Managements is Dynamic : Management is dynamic and not static in character. It deals with human efforts, different situations and different activities. It adopts changes in the form of technological, socio economical, political, environmental, etc.

(ii) Management is Intangible : Management is intangible in nature. It can’t be seen and touched. It is abstract. The principles, theories, techniques, concept are practically invisible. The result of best management can be experienced in the form of increased profit, smooth functioning of the organization and achievement.

(iii) Management is a Social Process : Management is a process because it sets objectives and takes steps to achieve them. It is said to be a social process because management is concerned with people. For example employees, shareholders, investors, customers, community, etc.

(iv) Management is a Continuous Process : Management is essential through the life of an organization. It is necessary to begin the activity, to run the activity smoothly and to control the activity. This is never ending process.

(v) Management is Different from Ownership : In an organization, management is different from ownership. Owners contribute capital which is taken care of by efficient and paid managers.

(vi) Management is an Inborn Quality : Management in the older days, was considered to be an inborn quality. But with the inception of various business schools, management is a quality which can be developed if a person has the interest and perseverance.

Question 3.
State management is as a science.
Answer:
1. Systematic Body of Knowledge : Management is not a science like physics, chemistry or biology. It is a science which deals with human beings. Management has a theories and concepts. Various principle of management like unity of command, division of labour, unity of direction are all universally accepted principle. Management follows procedures like collecting data, analyzing and drawing inferences from it. This makes management a science.

2. Use of Scientific Methods of Observation : In science the conclusions are drawn only on the basis of scientific methods of observation. Management also uses systematic methods of data collection, verification and analysis of that collected data and interpretation of data, then a manager takes decisions in the organisation.

3. Cause and Effect Relationship : Science is based on cause and effect relationship. After using specific formulae or their combination, we get particular result in science. Management theories are also based on relationships. Fair and regular salary along with good working conditions motivates people to work hard and to give best results. Whereas, old machineries, techniques, untrained employees may not give good / excepted output to the organization.

4. Universal Applicability of Principles : The management principles are universally accepted just like scientific principles are accepted all over the world. For e.g. Newton’s law, Archimedes principle, etc. are all accepted principles, similarly in management also the principle of authority and responsibility, unity of command, direction, etc. are all universally accepted and are used in all organization whether big or small. Management follows these principles in all kind of organizations, at all levels in the same organization. State the relationship between the management and art.

Question 4.
Following points clearly states the relation between management and art.
Answer:
1. Creativity: Managers must posses the quality of being creative. Every manager should be able to bring innovations in the business. This quality is developed with experience. The more experienced manager can bring about changes according to the situation.

2. Regular Practice: Practice makes a man perfect. This is the rule applied by a manager. The more the experience, the manager will be able to meet any challenge or difficult situation with ease. He is in a position to make the required changes according to the circumstances.

3. Personal Skill: Every manager being an individual is different. A good manager must posses good skills in dealing with human beings. He should use his skill in knowing the problem, allotment of work to employees, give judgment and understanding to deal with various situations in business.

4. Personal Abilities : Every person has different abilities and skills. Manager uses his own abilities to co-ordinate the activities, to guide the people and to achieve their goals.

Question 5.
State the importance of management
Answer:
1. Utilisation of Resources Optimally : Effective management is all about optimum use of available resources in the organization. Proper distribution of resources and work to right person results in higher output. It also reduces wastage and cost. Maximisation of output by reducing cost is the ultimate objective of every organization.

2. Better Relation : Different groups work at different levels in organization. The employer and the employees have different sets of demands from each other. Effective management ensures that employees fulfill their social responsibilities towards their employers. This helps in establishing good relationship among different groups in an organization.

3. Achievement of Goals : In an organization group of people performs various activities to achieve common goals of the organization. Effective management brings about harmony (cordial relationship) and good co-ordination in efforts of all group. A manager creates a feeling of team spirit among the members of the group.

4. Division of Work : Division of work means the entire work is divided into smaller lots. Each job is given to a particular employee as per his ability and skill to carry out the required activity. Division of work leads to specialization of work and completion of the work in the stipulated period of time.

Question 6.
State the similarities between management and profession.
Answer:
1. Formal Education : Professionals need formal education. Today’s managers are qualified with management diploma or degrees from various institutes like IIMS, PUMBA etc. They also take formal training from management schools which helps them to work professionally.

2. Code of Conduct : Code of conduct means set of rules and regulations to be followed by practicing in their field. Every profession has their own code of conduct to control the activities. It emphasis on ethical practice in that profession. E.g. Chartered Accountants have to work according to ICAI, Lawyers have to follow the code of conduct framed by Bar Council of India, etc. However for managers there is no such association of managers. Generally managers follow the code of conduct based on customs and traditions.

3. Expertise : A professional is an expert in his field. He has acquired specific knowledge through formal education. He has particular skill of practicing as professional. He becomes an expert due to regular practice in specific field.

4. Registration : Professionals need to register themselves with their associations. For example, Lawyers must get registered themselves with India Bar Council, Chartered Accountants with Institute of Chartered Accountant of India, where as for managers there is no need of such registration with any body. They can take membership of ‘Chambers of Commerce’ which give them membership benefits.

5. Restricted Entry : The entry in any profession is restricted. It needs formal education e.g. Lawyers, Architect, Interior designer, Doctors, Chartered Accountant, etc. However, such compulsion is not there for working as a manager.

8. Answer the Following

Question 1.
What is management? State the characteristics or features of management.
Answer:
Management and its features:
(A) Meaning:
The word management is derived from the Latin word ‘manus’ which means ‘hands.
It means management is handling some activity.
Many thinkers said that management means a fine consideration of co-ordinating and controlling the work either from direct individual or from a group.

(B) Definitions:
Some definitions of management given by different management thinkers as follows:

1. “Management traditionally can be defined as “an art of getting things done through others. ” – Mary Parker Follet
2. “To manage is to forecast, to plan, to organize, to command, to co-ordinate and to control”. – Henry Fayol
3. “Management is co-ordination of resources through the process of planning, organizing, directing and controlling in order to attain stated objectives.” – F.W. Taylor

Following are the characteristics features of management:
(i) Managements is Dynamic : Management is dynamic and not static in character. It deals with human efforts, different situations and different activities. It adopts changes in the form of technological, socio economical, political, environmental, etc.

(ii) Management is Intangible : Management is intangible in nature. It can’t be seen and touched. It is abstract. The principles, theories, techniques, concept are practically invisible. The result of best management can be experienced in the form of increased profit, smooth functioning of the organization and achievement.

(iii) Management is a Social Process : Management is a process because it sets objectives and takes steps to achieve them. It is said to be a social process because management is concerned with people. For example employees, shareholders, investors, customers, community, etc.

(iv) Management is a Continuous Process : Management is essential through the life of an organization. It is necessary to begin the activity, to run the activity smoothly and to control the activity. This is never ending process.

(v) Management is Different from Ownership : In an organization, management is different from ownership. Owners contribute capital which is taken care of by efficient and paid managers.

(vi) Management is an Inborn Quality : Management in the older days, was considered to be an inborn quality. But with the inception of various business schools, management is a quality which can be developed if a person has the interest and perseverance.

(vii) Management is Situational: Management helps to take decisions and also to handle specific situation. The decisions are based on the principles, theories and techniques. They are applicable in certain situation only.

(viii) Management is Goal Orientated : Every business organization either small, medium or large, profit making or non-profit making, Governmental or NGOs have their own goals. When the organization achieves its desired goals, it is called success of that organisation. This success depends on proper management of all available resources. A manager takes lots of efforts to achieve these goals. So management is goal oriented.

(ix) Management is Universal : Management principles and theories are equally applicable every where and in every field like business, profession, hospital, education, politics, government administration social activities. These principles are the guidelines to the manager. They are flexible and capable of adaptation to every type of organization.

(x) Management is Group Activity : Management is defined as “getting work done through others” or “with the people in formally organized groups”. The tasks set by the organization is complied by employees, all levels of managers and even with the help of outside parties.

Question 2.
Discuss whether management is an art science or profession.
Answer:
Art:
1. Creativity: Managers must posses the quality of being creative. Every manager should be able to bring innovations in the business. This quality is developed with experience. The more experienced manager can bring about changes according to the situation.

2. Regular Practice: Practice makes a man perfect. This is the rule applied by a manager. The more the experience, the manager will be able to meet any challenge or difficult situation with ease. He is in a position to make the required changes according to the circumstances.

3. Personal Skill: Every manager being an individual is different. A good manager must posses good skills in dealing with human beings. He should use his skill in knowing the problem, allotment of work to employees, give judgment and understanding to deal with various situations in business.

4. Personal Abilities : Every person has different abilities and skills. Manager uses his own abilities to co-ordinate the activities, to guide the people and to achieve their goals.

Science:
1. Systematic Body of Knowledge : Management is not a science like physics, chemistry or biology. It is a science which deals with human beings. Management has a theories and concepts. Various principle of management like unity of command, division of labour, unity of direction are all universally accepted principle. Management follows procedures like collecting data, analyzing and drawing inferences from it. This makes management a science.

2. Use of Scientific Methods of Observation : In science the conclusions are drawn only on the basis of scientific methods of observation. Management also uses systematic methods of data collection, verification and analysis of that collected data and interpretation of data, then a manager takes decisions in the organisation.

3. Cause and Effect Relationship : Science is based on cause and effect relationship. After using specific formulae or their combination, we get particular result in science. Management theories are also based on relationships. Fair and regular salary along with good working conditions motivates people to work hard and to give best results. Whereas, old machineries, techniques, untrained employees may not give good / excepted output to the organization.

Profession:
1. Formal Education : Professionals need formal education. Today’s managers are qualified with management diploma or degrees from various institutes like IIMS, PUMBA etc. They also take formal training from management schools which helps them to work professionally.

2. Code of Conduct : Code of conduct means set of rules and regulations to be followed by practicing in their field. Every profession has their own code of conduct to control the activities. It emphasis on ethical practice in that profession. E.g. Chartered Accountants have to work according to ICAI, Lawyers have to follow the code of conduct framed by Bar Council of India, etc. However for managers there is no such association of managers. Generally managers follow the code of conduct based on customs and traditions.

3. Expertise : A professional is an expert in his field. He has acquired specific knowledge through formal education. He has particular skill of practicing as professional. He becomes an expert due to regular practice in specific field.

4. Registration : Professionals need to register themselves with their associations. For example, Lawyers must get registered themselves with India Bar Council, Chartered Accountants with Institute of Chartered Accountant of India, where as for managers there is no need of such registration with any body. They can take membership of ‘Chambers of Commerce’ which give them membership benefits.

Balbharti Maharashtra State Board Organisation of Commerce and Management 11th Textbook Solutions Chapter 7 Business Environment Textbook Exercise Questions and Answers.

Maharashtra State Board 11th Organisation of Commerce and Management Solutions Chapter 7 Business Environment

1. (A) Select the correct option and rewrite the sentence

Question 1.
Business environment has tremendous impact on ………………..
(a) business
(b) government
(c) society
Answer:
(a) business

Question 2.
The new Industrial policy was formulated in ………………..
(a) 1947
(b) 1951
(c) 1991
Answer:
(c) 1991

Question 3.
Changes in ruling government is an aspect of ……………….. environment.
(a) political
(b) technological
(c) economic
Answer:
(a) political

Question 4.
Literacy level is an aspect of ……………….. environment.
(a) social
(b) legal
(c) political
Answer:
(a) social

Question 5.
Privatization implies reduction in the role of ……………….. sector.
(a) public
(b) private
(c) foreign
Answer:
(a) public

Question 6.
Globalization is concerned with ……………….. market.
(a) global
(b) local
(c) rural
Answer:
(a) global

Question 7.
……………….. means linking national economy to the world economy.
(a) Globalization
(b) Privatization
(c) Liberalization
Answer:
(a) Globalization

Question 8.
Environment awareness provides ……………….. signal.
(a) warning
(b) alarming
(c) soft
Answer:
(a) warning

1. (B) Match the pairs

Question 1.

Part A	Part B
(a) Globalization	(1) Profit motive
(b) Privatization	(2) 2006
(c) Liberalization	(3) Borderless economy
(d) New economic policy	(4) Service Motive
(e) Social Environment	(5) Internal factor
	(6) Disinvestment
	(7) Social Values
	(8) 1991
	(9) Abolishing license policy
	(10) GATT

Answer:

Part A	Part B
(a) Globalization	(3) Borderless economy
(b) Privatization	(6) Disinvestment
(c) Liberalization	(9) Abolishing license policy
(d) New economic policy	(8) 1991
(e) Social Environment	(7) Social Values

Question 2.

Part A	Part B
(a) Internal environment	(1) Knowledge of law
(b) Political environment	(2) Taxation policy
(c) Legal environment	(3) Technology
(d) Economic environment	(4) Traditions
	(5) WTO
	(6) Controlled by business
	(7) High cost
	(8) Ideology of political party

Answer:

Part A	Part B
(a) Internal environment	(7) High cost
(b) Political environment	(8) Ideology of political party
(c) Legal environment	(2) Taxation policy
(d) Economic environment	(3) Technology

1. (C) Write a word or a term or a phrase which can substitute each of the following statements

Question 1.
Uncontrollable factors of the business environment.
Answer:
External business environment

Question 2.
The environmental of business that includes customs and traditions, values, social trends.
Answer:
Social environment

Question 3.
The process of transferring ownership of business enterprise, agency or public service from the public service to private sector.
Answer:
Privatization

Question 4.
A boundary less worlds where there would be flow of goods, services, information, capital and people across nation.
Answer:
Globalization.

1. (D) State whether the following statements are True or False

Question 1.
External factors of business environment are controllable factors.
Answer:
False

Question 2.
Business is the product of different environmental factors.
Answer:
True

Question 3.
Business and environment are inseparable parts.
Answer:
True

Question 4.
There is no benefit of globalization on Indian economy.
Answer:
False

Question 5.
New economic policy promoted the liberal economic policy.
Answer:
True

Question 6.
There is no benefit of privatization to Indian economy.
Answer:
False

Question 7.
There is no need of consideration of the business environment factors in business.
Answer:
False

1. (E) Complete the sentence

Question 1.
The term of business environment generally refers to …………………
Answer:
External Environment

Question 2.
……………….. helps the business enterprise for overcoming challenge successfully.
Answer:
Business Environment

Question 3.
Geographical and Ecological factors are included in ………………… Environment.
Answer:
Natural

Question 4.
Literacy is the important part of ………………… Environment.
Answer:
Social

Question 5.
Stability and peace in the country includes in ………………… Environment.
Answer:
Political

Question 6.
Indian political system comprises ………………… vital institutions.
Answer:
three

Question 7.
Limited involvement of government in public sector refer to …………………
Answer:
Privatization

Question 8.
Integration of economy and society through cross country is called as …………………
Answer:
Globalization

1. (F) Select the correct option

Question 1.
In how many type environmental factors can be classified?
(Two / Three / Four)
Answer:
Two

Question 2.
Which factors of Business Environment regard as controllable?
(Internal / External)
Answer:
Internal

Question 3.
Who frames the economic policy of the business?
(Government / Business / Citizen)
Answer:
Government

Question 4.
Which economic system in known as free market economy?
(Socialist / Mixed / Capitalist)
Answer:
Capitalist

1. (G) Correct the underline word and rewrite the following sentence

Question 1.
External factors of business environment are controllable.
Answer:
Internal factors of business environment are controllable.

Question 2.
Internal factors of business are beyond control.
Answer:
External factors of business are beyond control.

Question 3.
Natural resources are related to political environment.
Answer:
Natural resources are related to natural environment.

Question 4.
Privatization helps for global village.
Answer:
Globalization helps for global village.

1. (H) Answer in one sentences

Question 1.
Which factors are included in internal environment?
Answer:
Value system, vision, mission and objective management structure, Internal power relationship, Human resources, Physical facilities, Marketing resources, etc. are the factors included in internal environment.

Question 2.
What are the powers of legislature?
Answer:
Policy making, law making, budget approving, executing control, etc. are the powers of legislature.

Question 3.
Which factor influence the economic condition of the Nation?
Answer:
Economic condition of the nation is based on the gross domestic product, per capital income, availability of capital, growth of foreign trade and strength of capital market.

Question 4.
Who possess the factors of production in socialist economy?
Answer:
In socialist economy Government possess the factors of production.

Question 5.
In which environment are the methods and techniques of production included?
Answer:
Technological environment consist of the method and technical of production.

Question 6.
When did Indian government launch New Economic Policy?
Answer:
Indian government launched New Economic Policy on 24th July, 1991.

Question 7.
What is useful to reduced political interference in industry?
Answer:
Privatisation is useful to reduce political interference in Industry.

Question 8.
How is the boundary less world possible?
Answer:
Boundary less world is possible through Globalisation.

2. Explain the following terms /concept.

Question 1.
Business environment.
Answer:
Business environment refers to the external environment which includes factor outside the business leading to opportunities or threats of the business.

According to Bayard O. Wheeler
“The total of all things external to firm and industries which affect their organization and operations is called as “Business Environment”.

Question 2.
Liberalization.
Answer:

1. Liberalization refers to the process of eliminating unnecessary controls and restrictions for smooth functioning of business.
2. Liberalization helps in achieving a high growth rate, easy availability of goods at competitive rates, high foreign exchange reserve, strong rupee and good industrial relation, etc.

Question 3.
Privatization.
Answer:

1. Privatization refers to reduce the involvement of state or public sectors by involving of private sector in economic activities.
2. It implies government Sectors to be sold or given to private individuals to run them.

Question 4.
Globalisation.
Answer:

1. Globalisation means integration of national economy and societies through cross country flows of information, ideas, technologies, good services, capital, finance and people.
2. It also means “boundary less world”.

Question 5.
Social environment.
Answer:

1. Modern business is a social system in itself and forms a part of the larger social system represented by society in general.
2. The class structure of the society affects the business. Such as occupation of the people, their education, income level, social status, attitude towards living, work and social relationship.

Question 6.
Economic environment.
Answer:
Economic environment comprises of economic condition, economic policies and economic system, basic economic philosophy, infrastructure, national income, money supply, saving stages in economic development and trade cycles.

Question 7.
Political environment.
Answer:

1. Government and its policies affects business firms.
2. It includes stability and peace in the country, specific attitudes of elected representative. Ideology of the political parties influences the business organization and attitudes of government officials towards business has an impact on business.
3. It comprises three vital institutions like Legislature, Government and Judiciary.

Question 8.
Internal environment.
Answer:
Internal environment compromises of policies decided by by shareholders, managers, labour unions and employees which can be controlled which helps to make specific, proper understanding in strengthening the business.

3. Study the following case/situation and express your opinion.

(1) The court passes an order to ban polythene bags as the bags are creating many environmental problems which affects the life of people in general.
(2) Society in general is more concerned about quality of life. The government decided to give subsidy to jute industry to promote this business.

Question 1.
Identify the different dimensions of business environment.
Answer:
The different dimensions of business environment are:

1. Legal environment
2. Natural environment
3. Social environment
4. Political environment
5. Economic environment

Question 2.
Comment on it.
Answer:
The different dimensions of business environment are

1. Legal Environment : Court passes order to ban polythene bags.
2. Natural Environment : The Court order will solve environmental problems which affects the life of people in general.
3. Social Environment : Society is concerned about quality of life and better standard of living
4. Political Environment : Government framed a policy to give subsidy to jute industry.
5. Economic Environment : Subsidy to Jute industry will promote business of Jute industry and this will help in economic development.

2. Anchor company manufacturing light tubes increased expenditure on Scientific Research and Development and discovered a technology that made it possible to produce an energy efficient light tubes that lasts at least twenty times as long as standard tubes. It resulted in growth and profitability of the company.

Question 1.
Identify the dimension of business environment.
Answer:
Technological Environment:
Scientific research for innovation in product increased its production and it resulted in growth and profitability of the company. Internal environment of company led to growth and profitability.

Question 2.
State importance of business environment.
Answer:
Business environment helps in determining opportunities and threats, identify firms strengths and weaknesses, continuous learning, image building meeting competition and give direction for growth.

3. Make in India is an initiative launched by the government of India. It focuses on job creation and skill development and it is in twenty five sectors of the economy. Under the initiative, brochures on these sectors and web portal were released. The initiative aims at high quality standards and minimizing the impact on environment .It also seeks to attract foreign capital investment in India.

Question 1.
Identify the dimension of business environment.
Answer:
The various dimensions of business environment referred in the above case are:

1. Political environment
2. Technological environment
3. Economic-environment

Question 2.
Comment on it.
Answer:
Make in India is the policy of government as per its ideology. As it focusing on job creation and skill development in 25 sectors of economy, it convey two values through this initiative. High quality standards and concern for environment. It also aims to attract foreign capital investment in India.

4. Distinguish between the following

Question 1.
Social Environment and Economic Environment.
Answer:

	Social Environment	Economic Environment
(1) Meaning	Social environment includes customs, traditions, values, buying habits, tastes, etc.	Economic environment comprises of economic condition, economic policies and and economic system.
(2) Factors	It includes factors such as social aspects, social trends, social values and traditions.	It includes factors like economic condition, economic policies and economic system.
(3) Supplement to	It is supplemented by cultural environment like cultural factors, values, beliefs, etc.	It is supplemented by political environment as it is influenced by political decisions or events taken by Government.
(4) Impact on business	It helps to analyze the changing social trends, taste of different social groups which helps businessmen to know the opportunities and threats.	Changes in economic policies like agricultural policy, monetary policy, etc. lead to changes in economic system and planning which helps businessmen to make changes on timely basis.
(5) Purpose	It helps to know the-needs of customer and satisfy the demand. E.g. Today health and fitness trend has created demand for products like gym, organic foods etc.	It helps in forecasting market situations and thereby making suitable business plans E.g. Stock market fluctuations affects management practices in a business Enterprise.
(6) Nature	It is dynamic in nature. Changes in trends, values, growing awareness among different social groups affects the social environment.	It is multi dimensional in character. Agriculture, infrastructure, national, per capita income, price level etc. affects the economic environment of in a country.

Question 2.
Political Environment and Legal Environment.
Answer:

	Political Environment	Legal Environment
(1) Meaning	In a country, the political system, constitutional provision, party system, events taking place time to time determines the political environment.	In a country, business can be started, regulated, controlled, expanded within legal framework of a country determines legal environment.
(2) Factors	Political stability, peace in the country, specific attitudes of elected representative, etc are the factors which affects political environment.	Various laws are implemented from time to time with amendments in order to control and direct the business.
(3) Inter relation between environment	Political environment and economic environment are closely connected with each other.	Legal environment and regulatory environment goes together hand-in-hand in modern business environment.
(4) Impact on business	Ideology of the political parties influences the business organization.	Provides control, direction, expansion to the business organization.
(5) Purpose	Political stability creates strength, confidence to various interest groups and investors in long term projects.	Separate laws implemented time to time to safeguard and protect the interest of various groups such as busines’s organization, workers, consumers, etc.
(6) Effect of changes in environment	Political instability effects the business organisation adversely. Business policies are amended due to political issues, events etc. prevailing in country.	Excessive controls, implementation of laws, rules and regulations may create problem in overall development of business organizations.

Question 3.
Liberalization and Privatisation.
Answer:

	Liberalisation	Privatisation
(1) Meaning	It refers to the process of eliminating unnecessary controls and restrictions for smooth functioning of business.	It refers to reduce the involvement of state or public sectors by involving of private sector in economic activities.
(2) Aim	It aims to bring flexibility in business operations by creating environment for growth and expansion.	It aims at promoting efficiency, increase productivity, profitability.
(3) Need	To reduce taxation, controls on foreign exchange, attracting foreign investment, etc. thereby to compete with other companies at international level.	To achieve quick and logical business decisions aimed at commercial success of organisation.
(4) Measures adopted	Reduction in tariffs, reformation of financial system, abolishing industrial licensing system, etc.	Reduction in number of industries reserved for public sector, disinvestment of shares, improvement in performance through MOU.
(5) Benefits to Host Company	It results in, high growth rate, easy availability of goods at competitive rates, good industrial relation, etc.	It results in profitability, production of superior quality products and services, self motivation, etc.
(6) Benefits to Consumers / Traders	Optimum use of resources available at global level, easy availability of goods at competitive rates.	Entry of private sector results to competition thereby providing high quality goods and services at lower prices.
(7) Positive Effect	Removing restriction on taxations, abolishing industrial licensing system leads to expansion and growth of new business opportunities.	Improved performance, high quality goods and services in market. Timely prompt decision with more efficiency.
(8) Adverse Effect	It leads to social problems like urbanization and industrialisation, closure of domestic firms due to liberalised imported products, etc.	Growth of monopoly, inequality of income, lack of social responsibility, etc will hamper the social order of the economy.
(9) Inter Relationship	Liberalisation leads to privatisation and globalization.	Privatisation is a part of the process of globalization.

Question 4.
Globalization and Liberalization.
Answer:

	Globalization	Liberalization
(1) Meaning	It refers to integration of national economy and societies through cross country flows of information, ideas technologies, goods, services capital, finance and people.	It refers to the process of eliminating unnecessary controls and restrictions for smooth functioning of business.
(2) Aim	It aims at promoting world trade and economic growth by integrating technologies, goods, services, people, etc.	It aims to bring flexibility in business operations by creating environment for growth and expansion.
(3) Need	To overcome the problem of declining domestic demand and to ensure free trade.	To reduce taxation, controls on foreign exchange, attracting foreign investment, etc. thereby to compete with other companies at international level.
(4) Measures adopted	Allowing Foreign Direct investment, approving foreign technology, amendment of patent laws, etc.	Reduction in tariffs, reformation of financial system, abolishing industrial licensing system, etc.
(5) Benefits to Host Company	It results is expansion of investment. It promotes foreign trade and brings foreign exchange	It results in high growth rate, easy availability of goods at competitive rates, good industrial relation, etc.
(6) Benefits to Consumers / Traders	Consumers gets variety of goods as option to be purchased foreign technology is adopted by traders thereby increasing growth of production.	Optimum utilisation of resources at global level easy availability of goods at competitive rates.
(7) Positive Effect	It results in increase in foreign trade, inflow of foreign trade, inflow of foreign technology and capital, which increases employment opportunities, business growth, etc.	It results in removing restriction on taxations, abolishing industrial licensing system leading to expansion and growth of new business opportunities.
(8) Adverse Effect	It leads to exploitation of home market by foreign companies. Capital intensive techniques leads to reduction in job opportunities.	It leads to social problems like urbanization and industrialisation. Closure of domestic firms due to liberalised imported products.
(9) Inter Relationship	Globalisation includes liberalisation and privatisation.	Liberalisation leads to privatisation and globalisation.

Question 5.
Privatization and Globalization.
Answer:

	Privatization	Globalization
(1) Meaning	It refers to reduce the involvement of state or public sectors by involving of private sector in economic activities.	It refers to integration of national economy and societies through cross country flows of information, ideas technologies, goods, services capital, finance and people.
(2) Aim	It aims at promoting efficiency, increase productivity, profitability.	It aims at promoting world trade and economic growth by integrating technologies, goods, services, people, etc.
(3) Need	To achieve quick and logical business decisions aimed at commercial success of organisation.	To overcome the problem of declining domestic demand and to ensure free trade.
(4) Measures adopted	Reduction in number of industries reserved for public sector, disinvestment of shares, improvement in performance through MoU.	Allowing Foreign Direct investment, approving foreign technology, amendment of patent laws, etc.
(5) Benefits to Host Company	It results in profitability, production of superior quality products and services, self motivation etc.	It results is expansion of investment. It promotes foreign trade and brings foreign exchange
(6) Benefits to Consumers / Traders	Entry of private sector results to competition thereby providing high quality goods and services at lower prices.	Consumers gets variety of goods as option to be purchased foreign technology is adopted by traders thereby increasing growth of production.
(7) Positive Effect	Improved performance, high quality goods and services in market. Timely prompt decision with more efficiency.	It results in increase in foreign trade, inflow of foreign trade, inflow of foreign technology and capital, which increases employment opportunities, business growth, etc.
(8) Adverse Effect	Growth of monopoly, inequality of income, lack of social responsibility, etc will hamper the social order of the economy.	It leads to exploitation of home market by foreign companies. Capital intensive techniques leads to reduction in job opportunities.
(9) Inter Relationship	Privatisation is a part of the process of globalization.	Globalisation includes liberalisation and privatisation.

5. Answer in brief.

Question 1.
State any four features of Social environment.
Answer:
The four features of social environment are as follows:

1. Customs and Traditions : This decides the celebration of various festivals like Diwali, Id, Christmas and its effect on business.
2. Social Institutions and Groups or Social Aspects: Literacy level, educational system, cultural heritage standard of living of the various groups of people affect the social environment of business.
3. Social Values : Cultural and social justice, national integration affect the business. Beliefs also help the business to meet the customer needs.
4. Social Trends : Now a days people have become health conscious and therefore there is a sale of various types of goods like organic food, sugar free products etc.

Question 2.
Describe any two factors of economic environment.
Answer:
Economic environment has direct influence on business.

1. The Economic System : Economic activities depend upon the nature of economic system which are:
   (a) Capitalist economy : e.g. U.S.A. (b) Socialist economy : e.g. China (c) Mixed economy : e.g. India
2. Economic Policies : The various economic policies of the government has a direct influence on economic environment. For e.g. import and export policy, educational policy, agricultural policy, industrial policy, foreign investment policy, etc.
3. Economic Condition : The stage at which the growth stands, employment rate, rate of interest, etc. All those determine development of the country.

Question 3.
State any four features of globalization.
Answer:
Features of globalization are as follows:

1. Purchase and sale of goods and services from one country to another.
2. Opportunity to start and do business in any part of the world.
3. Reduction in gap between domestic and international market.
4. Possibility of quick and rapid economic development.
5. Enhances the opportunity to exchange new ideas and technology across the nations.

Question 4.
State any four reasons of the need for privatisation.
Answer:
There is need for privatisation because of the following reasons:

1. To bring more efficiency in the working of business firms.
2. To reduce political interference in the working of the firms and companies.
3. To improve the quality of products
4. To bring efficiency in management of the organization.
5. To create discipline in capital market.

6. Justify the following statements.

Question 1.
External factors of business environment are beyond control.
Answer:

1. Factors which influences the business policy of an organization can be divided into internal and external factors.
2. Business has no control over external forces.
3. These are those factors which provide opportunities or pose threats to the organization.
4. Factor such as social customs, values, economic policies, technological development, political ups and down, legislation together constitute political, social, economic, legal and technological diversions of business, hence, they are not in the hands of business organizations.
5. Internal factors are controllable and business unit can modify their plans, policies, etc.
   (Students can give example of social, political, legal environment to justify further)

Question 2.
Business firm should be aware of the changes in society.
Answer:

1. The success of every business depends on adopting itself to the environment in which it functions. Modern business is rightly termed as socio-economic activity.
2. There is reciprocal relationship between business and society.
3. Business is affected by class structure of the society which depends upon factors such as occupation its own culture, income, etc.
4. Every society depends its own culture, customs, tradition, values, ethics, etc. social trends are also changing fast. For e.g. large number of people are eating fast food and go to gyms. So many fast food outlets and gyms are coming up in towns and cities.
5. Social values and traditions such as celebration of Diwali, Eid, Christmas also affect business.

Question 3.
Political stability builds up confidence among business people.
Answer:

1. Business firms are affected by the government and its policies.
2. Political force decide the nature of business, device performance and projects for development.
3. Political environment includes stability and peace in the country. Political stability builds confidence among different interest groups and investors because long term policies and projects will be started by the government and if the government keep on changing every six months or in a year.
4. This will impact long term decisions of development for the country, because political parties identify forms their decision making, hence if a government gets its full tenure of 5 years, it can complete its projects and plans and win the confidence of the people.

Question 4.
Economic environment has direct influence on business.
Answer:

1. Economic environment consists of economic condition, economic policies and economic system along with basic economic philosophy, infrastructure, national income, money supply etc.
2. Economic condition is based on GDP, per capital income, availability of capital, growth of foreign trade and capital market.
3. Where as economic polices framed by the government from time to time changes with changes in the government.
4. Every business has to function within the policy framework and responds to changes accordingly.
5. This relates to Industrial Policy, monetary policy, foreign investment, EXIM policy education policy etc. Also the scope of private business and government regulation depends on the economic system such as capitalist economy, Socialist or mixed economy which impacts business decisions.

Question 5.
Social trends provide business opportunities.
Answer:

1. Society and business are inter-dependent.
2. Class structure such as occupation,education,income level social status, attributes etc impact business decisions.
3. Social trends are any type of activity that is practised in the society as a whole.
4. Trends can be for short period or long lasting. As technology progresses the changes in social trends do changes.
5. Companies use their ability to anticipate the social change as part of their business marketing policy, to grab the business opportunities.

Question 6.
An adequate knowledge of rules and regulations is essential for better business performance.
Answer:

1. Any business in a country can be started, regulated and controlled within the legal framework of a country.
2. Separate set of laws are framed by all countries to control and direct the business affairs.
3. Knowledge of law, rules and relegations helps the business managers to take prompt decision in making business policies.
4. Various laws are implemented for influencing the business, protect and safeguard the business, as well as the consumers.

7. Attempt the following

Question 1.
Importance of business environment.
Answer:
Importance of Business Environment:
(i) Flexible and Dynamic : Changing environmental factors should be appraised from time to time. So as to keep the business flexible and dynamic. The new opportunities and threats created by the environment can be appraised by the corporate planners to make the most of it. Turbulent market conditions, less brand loyalty, more demanding customers and intense global competition are some of the images of todays business environment. In order to cope with these significant changes, organization must understand and examine the environment and develop suitable course of activity.

(ii) Opportunities and Threats : Study of business environment enables a business enterprise to visualise future problems that can arises as also future business prospects in advance. Deriving benefit from honourable business opportunities is possible as also it can face the problems boldly. Awareness of environment help an organisation to take advantage of such opportunities instead of loosing them to competition. It helps organisation to identify various threats on time and serves as an early signal.

(iii) Competition : Understanding the business environment helps to obtain qualitative information which in turn is useful in formulating business plans, policies and strategies for the future course of action.

(iv) Utilization of Resources Optimally : Optimum use of available resources for the business enterprise is possible by studying the business environment. It enables the enterprise to take full advantage of the policies implemented by the government.

(v) Strength and Weakness Identification : With the change of technology and global development it helps to analyze individual strength and weakness of the business understanding the challenges, appropriate decisions are taken on timely basis.

(vi) Knowledge : Study of environment is necessary to discover and exploit new opportunities for business expansion broad strategies and long term planning enable the development of a formidable business wait.

(vii) Image Building: Environment study makes it possible for the business to expand and to make it acceptable and agreeable to different social groups. By fulfilling its social obligations towards different groups of society, business can create goodwill and reputation for itself.

(viii) Adaptability to Socio-Economic Changes : A business organization needs to show its keen intentions towards adapting to the socio-economic changes.

Question 2.
Social Environment.
Answer:
Business is a economic and social activity. It has to produce goods according to the requirement of the customers. Satisfying customer is the basic need of business. Therefore, while manufacturing or producing goods, business has to take into consideration social factors like traditions, customs, education, habits, values, life styles, thinking and earnings of the people of country. Changes in social environment are a must and management has to take into consideration these factors which determines the following aspects.
1. Social Aspect : Literacy level, educational system, tradition and customs, transition of labour, etc. are the important aspect of social environment. It helps to analyze the needs of the people and accordingly the business opportunities are identified.

2. Social Trends : Business practices and procedures must be in tune with the social beliefs. Growing number of working women and changing life style have increased the demand for household appliances in India.

3. Social Values : Cultural and social values, (social justice, national integration, etc.), family organization and caste structure, social institutions and groups, are taken to consideration while making practices and procedures of business.

4. Traditions : Customs and traditions. (Diwali, Id, Christmas, etc.) also has an effect on the business. The businessmen have to be more responsible towards the demand of the people accordingly.

Question 3.
Economic environment.
Answer:
1. Economic environment comprises of economic condition economic policies and economic system which are the important factors influencing development and trade cycles, national income, etc.

2. Economic Condition : If refers to present state of economy of a country or region based on gross domestic product, per capita income, availability of capital, etc.

3. Economic Policies: Government frames economic policies time to time influencing the business activities. In order to controls the business in the interest of the politics, e.g. – Industrial policy, monetary policy, foreign investment policy etc.

4. Economic System: It refers to the scope of private business and extent of government regulation on economic activities determines the nature of economic system i.e. – capitalist social or mixed economic.

Question 4.
Political Environment.
Answer:
Political dimensions or environment includes the country’s political system or its ideologies or condition i.e. dictatorship or democracy or communist government or socialistic government. It indicates the general stability and peace in the country and attitude of the elected government representatives towards business.

Political stability builds up confidence among business people to invest in long-term projects for the growth of the economy. In India we have adopted mixed economy and growth rate often remains moderate. Indian political system comprises three vital institutions like Legislature, Government and Judiciary.

1. Legislature : legislature is very powerful force that decides the nature of business, programmes, project, for the development of the country through policy making, law making, budget approving, etc.
2. Government : The framework of policies are implemented by government which effects the business organization to under take the responsibilities of the society.
3. Judiciary : It determines the work of executives to carry out the policies in a systematic manner, in order to settle relationship between citizens and the government.

Question 5.
Impact of new economic policy on business and industry.
Answer:
(A) Introduction : On July, 1991, the Government of India announced its New Industrial Policy. It brought about radical changes in the Economic Policy. The three main pillars of Economic reforms are L – P – G (Liberalisation, Privatisation and Globalisation). The main purpose was to modernise India’s Industrial system, implement new techniques, remove unproductive control, encourage private investment and integrate our economy with the global economy.

(B) Impact of changes in Government Policy on Business and Industry:
1. Budgetary Support: The Central Government’s budgetary support for financing the public sector outlays has declined over the years. In order to survive and grow, PSUs have to be more efficient and self sufficient so as to compete with private sector.

2. Increase in Competition : Competition for Indian firms has increased due to the changes in the rules of industrial licensing and entry of foreign firms, for e.g. Service Industries like Insurance, Banking, Telecommunications, Hotel and Airlines, etc. which were earlier in the public sector are now facing competition from private players such as Bajaj Alliance, Max Life, Star Life, Insurance, low cost airlines like Indigo, etc.

3. New Trade Policy : The new trade policy has helped the Indian Firms to enter into foreign markets and earn the foreign exchange required for importing raw materials, spare parts and components they needed for keeping their production lines going.

4. Demanding Customers : Today’s market is customer oriented as customers are well informed and there is growing awareness among them about the malpractices adopted by traders, consumer rights, consumer education and so on. Moreover, competition in the market gives the customer wider choice in purchasing good quality product and makes customer more demanding.

5. Need for Human Resource Development : New technologies require expert knowledge and skill in various fields. Moreover, newer markets made it compulsory for companies to acquire trained personnel with high degree of competence and commitment. Hence, there is a need for well trained staff and thereby develop human resources.

6. Change in Technological Environment : Increased competition and advancements in the field of technology have forced the business units to develop new ways to survive and grow in the market and keep pace with latest technological developments.

7. Change in the Concept of Marketing : Earlier business organisations were production oriented but due to fast changing business world it has now become market oriented. This changed to societal concept where needs of society are kept in mind by the producers. The latest is relationship marketing whereby it is not only producing goods for consumers but maintaining long term relationship with them so as to sustain them.

8. Answer the following

Question 1.
What is business environment? Explain the important of business environment.
Answer:
(A) Business Environment:
A business is defined as buying and selling activity to generate income. Business consists of several interrelated and interacting elements. Business is an economic and social activity of the society. Society is an integral part of the business and its interest cannot be ignored.

Business environment consists of economic, social, legal, technological and political situation. Business obtains money, material, machinery and manpower and other resources from environment.
According to B. O. Wheeler – Business environment is “the total of all things external to firms and individuals which effect their organisation and operations”.
According to Oxford English Dictionary – “Business Environment refers to those aspects of the surroundings of a business enterprise which influence or effect its operations and determine its effectiveness.”
Basically business environment consists of all internal and external factors that influence the nature and scope of business activity.

(B) Importance of Business Environment:
(i) Flexible and Dynamic : Changing environmental factors should be appraised from time to time. So as to keep the business flexible and dynamic. The new opportunities and threats created by the environment can be appraised by the corporate planners to make the most of it. Turbulent market conditions, less brand loyalty, more demanding customers and intense global competition are some of the images of todays business environment. In order to cope with these significant changes, organization must understand and examine the environment and develop suitable course of activity.

(ii) Opportunities and Threats : Study of business environment enables a business enterprise to visualise future problems that can arises as also future business prospects in advance. Deriving benefit from honourable business opportunities is possible as also it can face the problems boldly. Awareness of environment help an organisation to take advantage of such opportunities instead of loosing them to competition. It helps organisation to identify various threats on time and serves as an early signal.

(iii) Competition : Understanding the business environment helps to obtain qualitative information which in turn is useful in formulating business plans, policies and strategies for the future course of action.

(iv) Utilization of Resources Optimally : Optimum use of available resources for the business enterprise is possible by studying the business environment. It enables the enterprise to take full advantage of the policies implemented by the government.

(v) Strength and Weakness Identification : With the change of technology and global development it helps to analyze individual strength and weakness of the business understanding the challenges, appropriate decisions are taken on timely basis.

(vi) Knowledge : Study of environment is necessary to discover and exploit new opportunities for business expansion broad strategies and long term planning enable the development of a formidable business wait.

(vii) Image Building: Environment study makes it possible for the business to expand and to make it acceptable and agreeable to different social groups. By fulfilling its social obligations towards different groups of society, business can create goodwill and reputation for itself.

(viii) Adaptability to Socio-Economic Changes : A business organization needs to show its keen intentions towards adapting to the socio-economic changes.

Question 2.
Explain the new economic policy in details.
Answer:
The new economic policy was introduced by the Government on 24th July, 1991, on the failure of the earlier Industrial policy prevailing in India.
The new policy was known as LPG i.e. Liberalisation, Privatisation and Globalisation. This was the brain child of the Prime Minister P. V. Narasimha Rao and the finance minister Dr. Manmohan Singh.

(i) Liberalisation:
It means to liberate the industry, trade and commerce from the unnecessary restrictions and regulations that curtailed the freedom of enterprise.
Liberalisation has helped the Indian economy to open up and allowed the entry of foreign business in India. The interaction with the world has happened after the 1991 policy.

Liberalisation policy has brought about the following measures:

1. Encouraging Direct Foreign Investment.
2. Wide Choice of products and services enjoyed by the customers.
3. Reduction in control of Foreign Exchange.
4. Cost of products, price and quality in tune to the global markets.
5. Changing the approach towards industrial sickness.
6. Production of quality products to meet the competitive markets.
7. Freedom to choose the Scale of business.
8. Reduction in tax rates, tax holidays, etc.
9. Encouraging new technology, technological upgradation and foreign collaboration.
10. I mport of machinery, goods and other services on easy terms.
11. Abolishing licensing system for most of the industries.
12. Opening telecommunication sector.

Liberalisation has thus made the country achieve high growth rate, made the rupee stronger and helped good industrial relations.

(ii) Privatisation:
Privatisation is a process of transferring ownership of business, enterprise agency or public service from the public sector (government) to the private sector.
Features of Privatisation are:

1. To provide variety of business units to consumers.
2. To ensure less political interference in running the business.
3. To bring about more accountability.
4. To reduce labour problem.
5. To bring about a market oriented approach.
6. To make competition more intense.
7. To bring about more efficiency.
8. To maintain capital market discipline.

The government of the country has followed a disinvestment policy.

Disinvestment means:

1. When there is a sale of a public undertaking in full or part of private sector without transferring the ownership to private sector.
2. The management and control is transfered to public undertaking e.g. Maruti Udyog Ltd., SAIL, ONGC, etc.
3. Improvement in the performance of the industries through Memorandum of Understanding (MoU). Privatisation helps the private sector to be efficient result oriented, productive and active. Capitalist countries like America and Japan have followed privatisation.

(iii) Globalisation:
When the operation and organization of business activities are on a global scale, it is called as Globalisation. It is integration of business activities by considering the entire world is one market.

In short globalisation means a boundary less world, where there would be a free flow of goods, services, information, capital and people across nations. Globalisation has effect on socio-economic and political sphere of life.

Features of Globalisation:

1. Buying and selling goods from/to any country is possible due to globalisation.
2. Establishing manufacturing, production and distribution facilities in any part of the world.
3. Freedom to set up’ and operate business in any part of the world.
4. Render faster economic development of any country.
5. Exchange of new ideas and technology across nations.
6. Narrowing differences between domestic and international market.
7. Direct Foreign private participation in the industrial development of any country.

Thus it could be seen that globalisation is an evolutionary concept. Through the policy of 1991 the government moved the country to this globalisation pattern.

Balbharti Maharashtra State Board Class 11 Sociology Solutions Chapter 8 Social Change Textbook Exercise Questions and Answers.

Maharashtra State Board Class 11 Sociology Solutions Chapter 8 Social Change

1. (A) Choose the correct alternative and complete the statements.

Question 1.
Social change as a term is ………………
(value loaded / ethically neutral / prejudiced)
Answer:
Ethically neutral

Question 2.
The effects of an earthquake on people is a ………………. factor of change.
(geographical / biological / cultural)
Answer:
geographical

Question 3.
The study of sex ratio is a ………………. factor of change.
(biological / technological / natural)
Answer:
biological

Question 4.
The slum rehabilitation programme within a city is an example of ………………… social change.
(planned / unplanned / revolutionary)
Ans.
planned

1. (B) Correct the incorrect pair.

Question 1.
(a) Earthquake – Biological
(b) Fundamentalism – Economic
(c) Growing Urbanization – Technological
(d) E-governance – Physical
Answer:
(b) Fundamentalism – Socio – cultural factor

1. (C) Identify the appropriate term from the given options.

(Physical Factor, Educational Factor, Economic Factor)
Question 1.
Impact of rising sea water level on coastal regions.
Answer:
Physical factor

Question 2.
Creating awareness about the problem of sexual abuse.
Answer:
Educational factor

1. (D) Correct the underlined words and complete the sentence.

Question 1.
Social change is a linear process.
Answer:
Social change is a continuous process.

Question 2.
All teachers are expected to think about how they will teach a unit in the classroom. This is an example of unplanned change.
Answer:
All teachers are expected to think about how they will teach a unit in the classroom. This is an example of planned change.

2. Differentiate between.

Question 1.
Planned change and unplanned change.
Answer:

Planned change	Unplanned change
(i) Planned change occurs when purposeful changes are promoted by the government or other agencies.	(i) Unplanned change is a type of changes that is not planned. It happens suddenly.
(ii) In the case of planned cities in India, they have definite spaces marked for residence, parks, grounds, places of worship so on; the five years plans, educational plans, tribal welfare programmes, etc.	(ii) In the case of natural disaster, there is a loss of human and animal lives as well as property. Rehabilitation programmes have to be immediately designed and implemented for the affected persons.
(iii) Planned change occurs when deliberate decisions are taken to bring change.	(iii) Unplanned change is a result of unforeseen occurrences.
(iv) Planned social change is based on directions and goals.	(iv) Unplanned social change occurs without any directions or goals.

Question 2.
Short-term change and Long-term change.
Answer:

Short-term change	Long-term change
(i) Some social changes which may bring about immediate results are known as short-term change	(i) Some social change which may take years or decades to produce results are known as long-term change.
(ii) The purchase of new gadgets like home theatre for the purpose of entertainment within the home is rapid.	(ii) Giving up social evils like dowry, early marriage or domestic violence take decades to get rid of.
(iii) Short term change is change in material culture.	(iii) Long term change is change in non¬material culture.
(iv) Technological changes such as inventions and discovery play important role in bringing short term changes.	(iv) Social movements and revolutions play important role in bringing long term changes.

3. Explain the following concept with an example.

Question 1.
Social change is interactional chain reaction
Answer:
1. A single factor may trigger a particular change, but it is almost associated with other factors like physical, biological, technological, cultural, social, economic, which may together bring about a social change.

2. This is due to mutual interdependence of social phenomenon.
Example : A huge increase in school fees will have an impact on student enrolment. It may further result in higher dropouts especially for the girl child from the system of school. Increase in school fees is an economic factor which may give rise to social factor like problems of girls dropout.

Technological factor of social change:

1. Today, as we live in a digitalized world, we have been increasingly loaded with technology from our homes to our workplace.
2. Technological changes have affected our social, economic, religious, political, and cultural life.
3. Technological development creates new conditions of life and new conditions for adaptation. It continues to be an index of the overall progress of society.

Example : During the British period in India, systems of transportation and communication were laid. These may have served the needs of colonizers then, but we still continue to benefit from the systems.

Dysfunctional of social system:

1. The social system may become dysfunctional at times.
2. Hence, human beings have to make conscious efforts to help bring stability, balance and equilibrium in society.

Example : Emile Durkheim makes reference to anomic suicide where there is a state of normlessness or chaos, which can trigger off suicidal feelings that makes the social system dysfunctional.

Change in performance of social roles of individuals is also social change:

1. The social system comprises of social institutions like education, government, economy, etc., they regulate human contact, allocate roles and provide resources.
2. Social change also refers to change in performance of social roles of individuals according to changing times.

Example : In today’s Information Age, the role of a teacher in school is radically different than it was during the early Vedic period. There was marked differences in terms of the size of the school, learners, content of education, educational philosophy, methods of teaching and evaluation, etc.

Question 2.
Long term change

4. (A) Complete the concept maps.

Identify the significant factor of change for each.
Question 1.

inventions	——–
Effects of earthquake	——–
Declining sex ratio	——–
Student exchange programme	——-
Cultural diffusion	——–
Materialism	——–

Answer:

inventions	Technological factor
Effects of earthquake	Physical factor
Declining sex ratio	Biological factor
Student exchange programme	Educational factor
Cultural diffusion	Socio – cultural factor
Materialism	Economic factor

4. (B) State whether the following statements are true or false with reasons.

Question 1.
Prejudice and fear of the unknown is an obstacle to change.
Answer:
This statement is True.

1. Sometimes people are not open to change as they are too comfortable within their life.
2. Sometimes people don’t perceive the need to change prejudice or attitude towards a change also becomes obstacles.
3. Fear of unknown leads people to avoid difference.
   Hence, prejudice and fear of unknown is an obstacle to social change.

Question 2.
Social changes can be predicted accurately.
Answer:
This statement is False.

1. The concept of social change involves a transition in society from one state to another through time. The change depends upon complex factors. Hence social change cannot be predicted accurately.
2. Social change is not instant; it takes place over time. There is no inherent law of social change.
3. The forces of social change may not remain the same and the process of social change does not remain uniform.

5. Give your personal response.

Question 1.
Do you think people do not accept change easily? Why?
Answer:
Yes, I think people do not accept change easily. Customs and traditions which are embedded in society do not allow people to accept new ideas and acts as an obstacle to social change. Sometimes lack of motivation or interest also causes hindrance to social change. Even though social change is universal, there are more often some quarters of resistance to change.

Question 2.
Do you think the Swachh Bharat Abhiyan has had a positive impact on society? Justify your response.
Answer:
The physical environment has also been adversely affected by human behaviour in the name of development. In this era of global warming and climate change, everyone is striving towards a clean and safe India. The campaign of clean India, i.e., the Swachh Bharat Abhiyan is the biggest step taken over as a cleanliness drive and has a huge possible impact on society.

11th Sociology Digest Chapter 8 Social Change Intext Questions and Answers

ACTIVITY (Textbook Page No. 83)

Question 1.
Do a Google search for ‘Punk Hairstyle’.
Answer:
Relate ‘Punk Hairstyle’ to cultural change in society. The inspiration for the hairstyle came from the punk rock music in the 70’s. People have long been in the practice of using hair dyes to change the colour of their hair as a means of making themselves more attractive. Punks use hair dyes to make themselves appear different from mainstream society. One of the most common punk hairstyles is the Mohawk and use of bright colours on the hair.

Question 2.
You have learnt about the physical factor of social change. Now, write one page about how the natural calamities affect the life of people and society by giving some suitable examples. (Textbook Page No. 86)
Answer:
Natural disaster in India, cause massive losses of life and property. Droughts, cyclones, landslides pose greatest threat. Landslides are common in the lower Himalayas. Parts of Western Ghats also suffer from low intensity landslides. Floods are the most common natural disaster in India. The heavy southwest monsoon rain causes the Brahmaputra and other rivers to over-cross their banks, often flooding the surrounding areas. The floods kill and displace many. Temperatures in three Indian cities of Chennai, Mumbai and Delhi in the last five decades have seen a steady rise. This rise in temperature has led to a higher incidence of natural disaster storms, floods and drought, which have increased. The cost of damages has gone up. The latest cyclone Vayu in Gujrat have led to widespread devastation along parts of the eastern coast of India.

Question 3.
Try to understand the meaning of globalisation and observe changes brought about by globalisation in the world around you. (Textbook Page No. 88)
Answer:
Globalization is a process of integrating a country’s economy with the world economy with a view to exploit global opportunities for local growth. Globalization has resulted in both advantage and disadvantage for the Indian society. On one hand it has promoted the process of industrialization but on the other small-scale industries are the worst affected by the entry of large-scale multinational companies. Though globalization has increased the export of Indian industrial and agricultural products, there are lot of hindrance in path of export.

Globalization has led to new and better employment opportunities but there has been also a negative impact of globalization on the employment situation in India, since it has to shift many of its workers from the organized sector to the unorganized sector of Indian economy. It has promoted international travel and tourism leading to cultural exchange.

Question 4.
You have understood the importance of technological factor of social change. Now, try to collect the data from ten families in your neighbourhood, about the use of modern technology in their day-to-day life. (Textbook Page No. 89)
Answer:
Students should attempt this question on their own.

Question 5.
Study the educational transformation in the last 10 years e.g., Teach for India campaign (Textbook Page No. 90)
Answer:
Teach for India campaign have transformed the lives of children in low-income communities.
They have re-imagined education by being holistic and differentiated such that every single child learns and grows to his or her fullest potential. 37,920 children have learned across Teach for India classrooms; They are committed to a singular goal – an excellent education for all children. Teach for India is striving to end the problem of educational inequality in India.

Question 6.
Trace changes in fashions and eating habits followed by teenagers in the past decade. Make a pictorial album or photo essay to show the changes. (Textbook Page No. 91)
Answer:
Students should attempt this question of their own.

Balbharti Maharashtra State Board Organisation of Commerce and Management 11th Textbook Solutions Chapter 6 Institutes Supporting Business Textbook Exercise Questions and Answers.

Maharashtra State Board 11th Organisation of Commerce and Management Solutions Chapter 6 Institutes Supporting Business

1. (A) Select the correct option and rewrite the sentence

Question 1.
Small Industrial Development Bank of India (SIDBI) was established in …………………
(a) 1989
(b) 1990
(c) 1991
Answer:
(b) 1990

Question 2.
SIDBI was established under the Small Industrial Development Bank of India Act, …………………
(a) 1988
(b) 1992
(c) 1996
Answer:
(a) 1988

Question 3.
………………… is Principal Financial Institution for Promotion, the Micro, Small and Medium Enterprise (MSME) sector in India.
(a) NABARD
(b) KVIC
(c) SIDBI
Answer:
(c) SIDBI

Question 4.
………………… came into existence on July 12, 1982
(a) NABARD
(b) KVIC
(c) SIDBI
Answer:
(a) NABARD

Question 5.
A Committee to Review the Arrangements for Institutional Credit for Agriculture and Rural Development (CRAFICARD) was constituted under the Chairmanship of …………………
(a) Kothari
(b) Shivaraman
(c) Rangrajan
Answer:
(b) Shivaraman

Question 6.
All India Khadi and Village Industries Board was set up in the year …………………
(a) 1953
(b) 1949
(c) 1948
Answer:
(a) 1953

Question 7.
In April ………………… KVIC was established.
(a) 1955
(b) 1953
(c) 1957
Answer:
(c) 1957

1. (B) Match the pairs

Question 1.

Part A	Part B
(i) SIDBI	(a) 1944
(ii) NABARD	(b) 1990
(iii) World Bank	(c) 1988
(iv) Grameen Bank	(d) 1983
(v) KVIC	(e) 1982
	(f) 1957
	(g) 1932
	(h) 1956
	(i) 1912
	(j) 1960

Answer:

Part A	Part B
(i) SIDBI	(b) 1990
(ii) NABARD	(e) 1982
(iii) World Bank	(a) 1944
(iv) Grameen Bank	(d) 1983
(v) KVIC	(f) 1957

1. (C) Give one word/phrase/term

Question 1.
Life blood of business.
Answer:
Finance

Question 2.
Principal financial institution of promotion of the Micro, Small and Medium Enterprise (MSME) sector in India.
Answer:
SIDBI

Question 3.
Advisor and mentor for MSMEs
Answer:
SIDBI

Question 4.
Wholly owned subsidiary of IDBI was set up in July 1999, is providing venture capital.
Answer:
SIDBI Venture Capital Ltd. (SVCL)

Question 5.
Digital initiative by SIDBI launched on March, 17th, 2016
Answer:
SIDBI Startup Mitra,

Question 6.
The apex institution for agricultural finance.
Answer:
NABARD

Question 7.
The Bangladeshi economist, known as the Father of Micro-finance.
Answer:
Dr. Muhammad Yunus

Question 8.
An international organization dedicated to providing finance, advice and research to developing nations.
Answer:
World Bank

1. (D) State True or False

Question 1.
Small Industrial Development Bank was established on 2nd April, 1990.
Answer:
True

Question 2.
SIDBI has its head office at Mumbai.
Answer:
False

Question 3.
SIDBI is not working towards sustainable development of MSME’s in India.
Answer:
False

Question 4.
SIDBI, Startup Mitra scheme is launched on March 17th, 2016.
Answer:
True

Question 5.
NABARD came into existence on July 12, 1982.
Answer:
True

Question 6.
The NABARD has been recognised as the apex institution for financing large scale industries.
Answer:
False

Question 7.
KVIC is actively working for planning, promotion and production of Khadi as well as in setting up of village and rural industries of India.
Answer:
True

Question 8.
Dr. Muhammad Yunus is known as the ‘Father of Rural Banking’.
Answer:
False

Question 9.
Self Help Group is a large group of homogeneous individuals.
Answer:
False

1. (E) Complete the sentences

Question 1.
The lifeblood of a business is …………………
Answer:
Finance

Question 2.
Micro, Small and Medium Enterprises (MSME’s) are focused domains for …………………
Answer:
SIDBI

Question 3.
SIDBI takes structural initiatives to resolve the financial and non-financial hurdles of …………………
Answer:
MSMEs

Question 4.
SIDBI is established to provide short-term and long-term finance to
Answer:
MSME’s

Question 5.
‘SIDBI Startup Mitra’ launched on …………………
Answer:
March 17th, 2016

Question 6.
To improve accessibility of credit and handholing services to MSME’s, SIDBI has launched the …………………
Answer:
Udyami Mitra

Question 7.
NABARD came into existence on …………………
Answer:
July 12th, 1982

Question 8.
Khadi and Village Industries Commision was set up in …………………
Answer:
1953

Question 9.
A statutory body of Khadi and Village Industries Commission (KVIC) was created with a special Act of …………………
Answer:
Parliament

Question 10.
The Grameen Bank in Bangladesh was set up in …………………
Answer:
October 1983

Question 11.
The father of Micro finance is …………………
Answer:
Dr. Muhammad Yunus

Question 12.
The World Bank came into existence on …………………
Answer:
1944 Bretton Woods Conference

Question 13.
The headquarter of World Bank is in …………………
Answer:
Washington D.C.

Question 14.
Dr. Muhammad Yunus jointly won the Noble Prize in …………………
Answer:
2006.

1. (F) Select the correct option

Question 1.
(1953, 1944, 2nd April 1990, Oct. 1983, 12 July 1982)

Part A	Part B
(i) SIDBI	—————
(ii) ————-	NABARD
(iii) KVIC	—————
(iv) —————	World Bank
(v) Grameen Bank	—————

Answer:

Part A	Part B
(i) SIDBI	2nd April 1990
(ii) 12 July, 1982	NABARD
(iii) KVIC	1953
(iv) 1944	World Bank
(v) Grameen Bank	Oct. 1983 Grameen Bank

1. (G) Answer in one sentence

Question 1.
What is SIDBI?
Answer:
SIDBI is Small Industrial Development Bank of India, which takes initiative to resolve the financial and non-financial hurdles of MSMEs.

Question 2.
What do you mean by NABARD?
Answer:
NABARD is a National Bank for Agriculture and Rural Development, which was formed with an objective to provide and regulate credit and other facilities for the development of agriculture, small scale industries, cottage village industries, handicraft and other rural crafts and allied economic activities.

Question 3.
What is meant by Grameen Bank?
Answer:
Bank which gives small loans to landless poor women to promote self employment is called Grameen Bank.

Question 4.
What is SHG?
Answer:
SHG is a small group of homogeneous individuals who come together with the objective creating common fund through savings and meet members emergency needs by providing collateral free loan.

Question 5.
What do you mean by World Bank?
Answer:
The World Bank is an international organization dedicated to provide finance, advice and research to developing nations.

Question 6.
WhatisMSME’s
Answer:
MSME’s are Micro, Small and Medium Enterprises, which play an important role in promoting entrepreneurship among women and economically weaker section in the country.

Question 7.
What is Udyami Mitra?
Answer:
‘Udyami Mitra’ is the digital portal launched by SIDBI, to improve accessibility of credit and handholding services to MSMEs.

1. (H) Correct the Underlined word and rewrite the following sentences

Question 1.
SIDBI is established to provide only long-term finance to the MSME’s.
Answer:
SIDBI is established to provide short-term and long term finance to the MSME’s.

Question 2.
The NABARD has been recognised as the apex institution for industrial finance.
Answer:
The NABARD has been recognised as the apex institution for Agricultural finance.

Question 3.
Khadi was symbol and the spirit of self reliance in post independence India.
Answer:
Khadi was symbol and the spirit of self reliance in pre independence India.

Question 4.
Self help group are based on the fundamental principle of to earn profit.
Answer:
Self help group are based on the fundamental principle of ‘helping each other’ and “unity is strength”.

Question 5.
World Bank provides high interest loan.
Answer:
World Bank provides low interest loan.

2. Explain the following terms/concepts

Question 1.
Udyami Mitra.
Answer:

1. This is the portal launched by SIDBI to improve accessibility of credit and handholding services to MSME’s.
2. Under this portal entrepreneurs can apply for loan without physically visiting any bank branches.
3. The entrepreneurs can select and apply for preferred banks.
4. They can select suitable branch, track their application status and avail multiple loan benefits.

Question 2.
KVIC.
Answer:

1. KVIC was established to take over the work from All India Khadi and Village Industries Board.
2. KVIC is working for planning, promotion and production of Khadi and setting up of village and rural industries in India.
3. It gives emphasis on utilizing the locally available raw materials and human skills to generate non-farm employment opportunities in the rural areas.

Question 3.
World Bank.
Answer:

1. The World Bank is an international organization formed to provide finance, advice and research to developing nations.
2. It was created at the 1944 Bretton Woods Conference along with the International Monetary Fund (IMF)
3. The head quarter of World Bank is in Washington D.C.
4. It provides financial as well as technical assistance to the member countries of the world.
5. It comprises of two institutions namely – the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).

Question 4.
Self Help-Groups
Answer:

1. Self Help Group (SHG) is a voluntary association.
2. It is a small homogeneous group of people who come together with the objective of creating common fund through small savings and meet members emergency needs by providing collateral free loan at reasonable rate.
3. Many SHG are linked to banking institutions for getting micro-credit.
4. All decisions are taken collectively by SHG members.

Question 5.
Collateral Free Loan
Answer:

1. Collateral free loan are SHGs small loans provided to the poor individuals for undertaking self-employment projects.
2. Loans are given on the principle of mutual trust and either minimum or no documentation.
3. The rate of interest generally charged are higher than the interest charged by banks.
4. It saves the poor individuals from the clutches of local money lenders.

3. Study the following case/situation and express your opinion

Anand completed his MBA and wants to start a Small Scale Industry. He is good at using technology. He has very good business idea in mind and looking for a lender or investor.

Question 1.
Who is promoter or businessman in this case?
Answer:
A person who gets the idea of starting the business enterprise is called as promoter or businessman. In the above case Anand is promoter or businessman.

Question 2.
What is full form SSI?
Answer:
The full form of SSI is Small Scale Industry.

Question 3.
Suggest digital ways to find lender or investor for this initiative
Answer:
SIDBI has started Digital initiatives / Digital ways to find lender or investor. For this initiative I can suggest the following ways:
(a) SIDBI Startup Mitra:
It brings together all stakeholders, start-up entrepreneurs, incubators, investors, industry bodies, mentors and advisors and banks on one platform. It helps in financing and development of new entrepreneurs.

(b) Udyami Mitra:
This is a portal launched by SIDBI to improve accessibility of credit and handholding services to MSME’s. Under this portal entrepreneurs can apply for loan without physically visiting any bank branches. The entrepreneurs can select and apply for preferred banks, they can select suitable branch, track their application status and avail multiple loan benefits.

4. Answer in brief

Question 1.
State any four features of NABARD.
Answer:
Features of NABARD:
(i) Apex Bank : NABARD acts as an apex bank for meeting the credit needs of all type of financial institutions working in the field of agricultural and rural development. It works to frame policies and guidelines for rural financial institutions in India. It provides credit facilities to institutes working in agricultural finance.

(ii) Refinancing Facilities : It provides refinancing facilities to State Co-operative Banks (SCBs), Land Development Banks (LDBs), Regional Rural Banks (RRBs) and other approved financial institutions for financing rural economic activities. It also provides short-term, medium term and long term credit to these institutes.

(iii) Provides Credit for Rural Development : It takes initiatives in the development and promotion of different activities in rural area by providing funds to State governments. It also provides refinancing for upliftment of weaker section of the society. It also works on improvement of small and minor irrigation by way of promoting agricultural activities.

(iv) Financing Rural Industries : It provides refinancing facility to small scale industries and other village and cottage industries. It provides loans to commercial and co-operative banks to promote rural employment. It organizes skill and entrepreneurship development programs to promote an entrepreneurial culture among the rural youth and encourage them to start enterprises in the rural areas.

Question 2.
State four objectives of KVIC.
Answer:
Objectives of KVIC :
(i) Development of Khadi and Other Village Industries : KVIC is actively working for planning, promotion and production of khadi as well as in setting up of village and rural industries in India. It identifies the potential for the development of rural industries and undertakes the valuable task of promoting and developing locally operating village enterprises.

(ii) Special Objective : KVIC has a special objective of providing employment. It gives emphasis on utilizing the locally available raw materials and human skills to generate non-farm employment opportunities in the rural areas. It plays a role of co-ordinator with other agencies engaged in rural development.

(iii) Economic Objective : KVIC is actively working for planning, promotion and production of khadi as well as in setting up of village and rural industries in India. KVIC receives fund from the Ministry of MSMEs for effective implementation of various programs and schemes. It helps in producing saleable articles which helps the economic development of the country.

(iv) Wider Objective : It has a wider objective of creating self-reliance amongst the poor and building up of a strong rural community spirit.

Question 3.
Write any four features of World Bank.
Answer:
Features of World Bank:
(i) Organization and Structure : The organization of bank consists of the Board of Governors, the Board of Executive Directors and the Advisory Committee, the Loan Committee and the President and other staff members. All the powers of the bank are vested in the Board of Governors which is the supreme policy making body of the bank. The board consists of one Governor and an Alternative Governor appointed for five years by each member country. The Board of Executive Directors consists of 21 members, 6 of them are appointed by the six largest shareholders, namely USA, UK, Germany, France, Japan and India. The rest of the 15 members are elected by the remaining countries.

(ii) Goals : The World Bank Group has two goals to be achieved by 2030.

• To end extreme poverty by decreasing the percentage of people living on less than 1.90 dollars a day to no more than 3%.
• To promote shared prosperity by fostering the income growth of the bottom 40% for every country.

(iii) Innovative Knowledge Sharing : World Bank offers support to developing countries through policy, advice, research and analysis and technical assistance. Analytical works of World Bank often helps developing countries. It also helps in capacity development of the developing countries. World Bank also sponsors, host or participates in many conferences and forums on issues of development.

(iv) Social Development : Social Development focuses on the need to “put people first” in development process. The World Bank work with governments, communities, civil societies, the private sector and the marginalized for the cause of social development. Social Development promotes economic growth and leads to higher quality of life.

Question 4.
Describe any two features of Self Help Groups.
Answer:
Features of Self Help Groups:
(i) Democratic Set up : SHG is group of the members, for the members and by the members. Every member of the group actively participates in the functioning of SHGs. Members are responsible for their own future by organizing themselves into SHGs. They elect or select leader for proper functioning of the group. Leader is responsible for holding regular meetings and maintaining records and accounts of the group.

(ii) Collateral Free Loan : SHGs provide small loans to the poor individuals for undertaking self-employment projects. Loans are given on the principle of mutual trust and either minimum or no documentation. Generally the rate of interest are higher than the interest charged by banks. It saves the poor individuals from the clutches of local money lenders. The repayment of loans is ensured timely as all members of group are responsible for collecting repayment amount from the members who borrowed the loan.

Question 5.
Describe any two features of SIDBI.
Answer:
Features of SIDBI:
(i) Financial Institute for Promotion of MSMEs : SIDBI is established to provide short term and long term finance to the MSMEs. It is principal financial institution for micro, small and medium sector units. It also co-ordinate the functions of institutions engaged in financing MSME’s. It provides refinance to Banking and Non-Banking Financial Companies to increase supply of credit to MSMEs.

(ii) Advisory Function : SIDBI also works as advisor and mentor of MSMEs. It helps MSMEs in expanding marketing channels for the products both in domestic as well as international markets. It also initiates steps for modernization and technological upgradation of current units.

5. Justify the following statements

Question 1.
SIDBI acts as an institute for promotion of MSMEs
Answer:

1. There are many efforts taken by SIDBI to emerge as a brand which is customer friendly towards MSME’s.
2. It facilitates and strengthens credit flow to MSME’s.
3. It identifies financial and developmental gaps in the MSME’s and take efforts to resolve the same.
4. SIDBI has dedicated its resources towards evolution of a vibrant ecosystem.
5. SIDBI has taken steps for technological upgradation and modernization of existing MSME’s
6. Thus, we can say that SIDBI acts as an institute for promotion of MSME’s.

Question 2.
SIDBI provides different types of financial and non-financial services through its subsidiaries.
Answer:
The following are the subsidiaries of SIDBI that provides financial and non-financial services:
(i) SIDBI Venture Capital Ltd. provides venture capital to emerging sectors, such as life sciences, biotechnology, pharmaceuticals, engineering and information technology.

(ii) Credit Guarantee Fund Trust for Micro and Small Enterprises is a trust to implement the Credit Guarantee Scheme through which credit facilities are extended without third party guarantee on collateral security by eligible lending banks/financial institutions.

(iii) SME Rating Agency of India Ltd. was set up by SIDBI, Dum & Brandstreet Information Services India Pvt. Ltd. and several public, private and foreign sector banks as an MSME. It is dedicated third-party rating agency and provide comprehensive, transparent and reliable ratings and risk profiling.

(iv) India SME Technology Services Limited is a platform where MSME’s can tap global opportunities for acquiring new emerging technologies and establish business collaborations.

(v) India SME Asset Reconstruction Company Ltd. is an asset reconstruction company. It acquires non-performing assets and try to resolve them through its innovative mechanisms. It specially focus on the non-performing assets of MSME sector.

(vi) Micro Units Development and Refinance Agency is established for ‘funding the unfunded’ micro enterprises in the country.

(vii) Thus, SIDBI provides different types of financial and non-financial services through its subsidiaries.

Question 3.
The NABARD has been recognized as the apex institution for agricultural finance.
Answer:

1. India is an agricultural country.
2. Agriculture and its allied activities act as main source of livelihood for most of the rural population of India.
3. Government of India is aware about the need of boosting institutional credit in rural economy.
4. The RBI constituted a Committee to review the arrangements for Institutional Credit for Agricultural and Rural Development under the Chairmanship of Shri B. Sivaram, to take review of agricultural credit in India.
5. The recommendation of the Committee was accepted and National Bank for Agriculture and Rural Development came into existence on July, 12 1982 under the special Act of the Parliament, with an objective of providing credit and other facilities for the development of agriculture.
6. Thus, we can say the NABARD has been recognized as an apex institution for agricultural finance.

Question 4.
KVIC plays an important role in development of entrepreneurship.
Answer:

1. Entrepreneurship Development is one of the major functions of KVIC.
2. KVIC helps to provide additional livelihood avenues to the village communities.
3. KVIC generate self-employment opportunities through establishment of micro enterprises by organizing traditional artisans and unemployed youth. It increases the earning capacity as well as prevents migration.
4. KVIC actively participates in many international trade exhibitions for popularising its products in international markets.
5. Thus, we can say that KVIC plays an important role in development of entrepreneurship.

Question 5.
Mutual Trust is the soul of SHG.
Answer:

1. Most of the Indian villagers are facing challenges such as poverty, illiteracy, lack of skills, health care, etc.
2. There is a need of group efforts to solve these problems.
3. The basic philosophy of forming SHGs is to overcome individual shortcomings and weaknesses with collective efforts.
4. Through mutual trust thousands of poor and the marginalized individuals are building their lives, their families and their society.
5. Thus, we can say mutual trust is the soul of SHG.

Question 6.
SHGs play an important role in empowerment of women.
Answer:

1. The empowerment of women through SHG’s would lead to benefits not only to the individual women but also for the family and community as a whole.
2. The SHGs empower women and trains them to take active part in socio-economic progress of the nation.
3. SHG develops saving habits among the women.
4. It enhances status of women as they participate, lead, take decisions and get benefited through collective efforts,
5. Thus, we can say that SHG’s play an important role in empowerment of women.

Question 7.
World Bank plays vital role in social development.
Answer:

1. The World Bank work with governments, communities, civil societies, private sectors and the marginalized for the cause of social development.
2. Social development promotes economic growth and leads to higher quality of life.
3. The World Bank work on social development, brings voices of the poor and vulnerable into development process.
4. World Bank is also undertaking timely social risk analysis, including poverty and social impact analysis,
5. Thus, World Bank plays a vital role in social development.

6. Attempt the following

Question 1.
State the different forms of finance provided by SIDBI.
Answer:
SIDBI offers the following finance facilities to its customers:

1. Direct Finance : SIDBI offers direct financing to the MSMEs through financing Working Capital, Term Loan, Foreign Currency Loan, Equity Support, Energy Saving Schemes etc.
2. Indirect Finance : SIDBI offers indirect assistance by providing refinance to banks, State Level Financial Institutions, etc. with an extensive branch network across the country.
3. Micro Finance : SIDBI offers micro-finance to small businessmen and entrepreneurs for establishing their business.

Question 2.
State the role of SIDBI in sustainable development.
Answer:
Role of SIDBI in sustainable development:

1. SIDBI helps MSMEs in creation of economic wealth while preventing ecological wealth of the country.
2. It promotes the culture of energy efficient and sustainable finance.
3. It takes initiative to enhance awareness of benefits of climate control amongst MSMEs.
4. It focuses on lending schemes, promoting investments in clean production and energy efficient technologies.
5. It helps to reduce the emission of greenhouse gases to contribute towards reduction in pollution.

Question 3.
Explain the role of NABARD in financing rural industries.
Answer:
Role of NABARD in financing rural industries:

1. It plays an important role in providing refinance to small scale industries and other village and cottage industries.
2. It provides loans to commercial and co-operative banks to promote rural employment.
3. It organizes skill and entrepreneurship development programmes to promote an entrepreneurial culture among the rural youth and encourage them to start enterprises in the rural areas.

Question 4.
Explain the objectives of KVIC.
Answer:
Objectives of KVIC are:

1. The objectives of KVIC are broadly classified into three, i.e. social objective, economic objectives and wider objective.
2. Through social objective, KVIC aims at providing employment to the rural unemployed.
3. Through economic objective, it tries to produce saleable articles which will give promotion to KVIC products.
4. Through wider objective, it attempts to create self refinance amongst the poor and building a strong rural community spirit.

Question 5.
Explain the role of KVIC in employment generation.
Answer:
Role of KVIC in employment generation:

1. Due to massive population growth agricultural sector is losing its ability to generate additional employment in rural areas.
2. It is necessary to create employment opportunities for the fast increasing workforce in rural areas.
3. Khadi and village industries are labour intensive in nature.
4. The KVIC is established with the broader objective to promote non-farm employment opportunities in rural areas.
5. It also concentrates on the betterment of rural artisans and socio-economic weaker section of the society.

Question 6.
Explain in detail democratic setup in SHGs.
Answer:
Democratic set up in SHGs:

1. SHG is group of the members, for the members and by the members.
2. It is the group which reflects the people’s real participation in the process of development.
3. Every member of the group actively participates in the functioning of SHGs.
4. Members are responsible for their own future by organizing themselves into SHGs.
5. They elect or select leader for proper functioning of the group.
6. Leader is responsible for holding regular meetings and maintaining records and accounts of the group.

Question 7.
Explain organizational structure of World Bank.
Answer:
Organizational Structure of World Bank:

1. The organization of the bank consists of the Board of Governors, the Board of Executive Directors and the Advisory Committee, the Loan Committee and the President and other staff members.
2. Board of Governors is the supreme policy making body of the bank.
3. The board consists of one Governor and one Alternative Governor appointed for 5 years by each member country.
4. The Board of Executive Directors consists of 21 member, 6 of them are appointed by the six largest shareholders, namely USA, UK, Germany, France, Japan and India. The rest 15 members are elected by the remaining countries.

7. Answer the following

Question 1.
Write important features of SIDBI.
Answer:
Important features of SIDBI are as follows:
(i) Sustainable Development : SIDBI is working towards sustainable development of MSMEs in India. It helps MSMEs in creation of economic wealth while preventing ecological wealth of the country. It promotes culture of energy efficient and sustainable finance. It helps to reduce the emission of greenhouse gases to contribute towards reduction in pollution.

(ii) Nodal/Implementing Agency : SIDBI has been assigned the role of nodal agency by the Government of India. It helps in implementing various subsidy schemes for MSMEs. These schemes help in upgradation, modernization and expansion of business.

(iii) Financial Institute for Promotion of MSMEs : SIDBI is established to provide short term and long term finance to the MSMEs. It provides refinance to Banking and Non-Banking Financial Companies to increase supply of credit to MSMEs. SIDBI cater to the specific needs of Indian MSMEs that are not fulfilled through traditional sources of finance.

(iv) Advisory Function: SIDBI also works as an advisor and mentor for MSMEs. It helps MSMEs in expanding marketing channels for the products both in the domestic as well as international markets. It also initiates steps for modernization and technological upgradation of current units.

(v) Forms of Finance : SIDBI offers the following facilities to its customers:

• Direct Finance
• Indirect Finance
• Micro Finance

(vi) Digital Initiatives:
(a) SIDBI Startup Mitra:
It brings together all stakeholders, start-up entrepreneurs, incubators, investors, industry bodies, mentors and advisors and banks at one platform. It helps in financing and development of new entrepreneurs. It also works as knowledge partner for State and Central Government.

(b) Udyami Mitra:
This is the portal launched by SIDBI to improve accessibility of credit and handholding services to MSME’s. Under this portal entrepreneurs can apply for loan without physically visiting any bank branches. The entrepreneurs can select and apply for preferred banks, they can select suitable branch, track their application status an avail multiple loan benefits.

(vii) Achievement of National Goals : SIDBI helps in poverty alleviation and employment generation by financing MSMEs. It promotes entrepreneurship and fosters competitiveness in MSME sector. It promotes entrepreneurship among women and economically weaker section of the society.

(viii) Services of MSMEs : SIDBI provides different types of financial and non financial services through its associates and subsidiaries. These associates and subsidiaries are as follows:

• SIDBI Ventures Capital Ltd.
• Credit Guarantee Fund Trust for Micro and Small Enterprises
• SME Rating Agency of India Ltd.
• India SME Technology Services Limited
• India SME Asset Reconstruction Company Ltd.
• Micro Units Development & Refinance Agency

Question 2.
Write important features of NABARD.
Answer:
Important features of NABARD are as follows:
(i) Financing Rural Industries : It plays an important role in providing refinance for small scale industries and other village and cottage industries. It provides loans to commercial and co-operative banks to promote rural employment. It organizes skill and entrepreneurship development programs to promote an entrepreneurial culture among the rural youth and encourage them to start enterprises in the rural areas.

(ii) Assistance to Financial Institutes : It plays an important role in preparing and developing action plans for Co-operative Banks and Regional Rural Banks. It also monitors implementation of developmental action plans of these banks. It provides financial assistance to co-operative banks for building improved Management Information System, computerization of operations and development of human resources.

(iii) Refinancing Facilities : It provides refinancing facilities to State Co-operative Banks (SCBs), Land Development Banks (LDBs), Regional Rural Banks (RRBs) and other approved financial institutions for financing rural economic activities. It also provides short-term, medium term and long term credit to these institutes.

(iv) Credit for Rural Development: It takes initiative in development and promotion of different activities in rural area by providing funds to State government. It also works on improvement of small and minor irrigation by way of promoting agricultural activities.

(v) Apex Bank : NABARD acts as an apex bank for meeting the credit needs of all type of financial institutions working in the field of agricultural and rural development. It works to frame policies and guidelines for rural financial institutions in India. It provides credit facilities to institutes working in agricultural finance.

(vi) Recommendations to Reserve Bank of India : It provides recommendations to Reserve Bank of India on issue of licenses to Co-operative Banks, opening of new branches by State Co-operative Banks and Regional Rural Banks.

(vii) Development of Nation: It plays an important role in the improvement of storage facilities for agricultural commodities by promoting development of warehousing facilities. It also promotes the export of agricultural commodities. It plays a key role in sustainable development of the country through Green, Blue and White revolution.

(viii) Supervision of Financial Institutes Engaged in Agricultural Finance :It undertakes inspection of Regional Rural Banks and Co-operative Banks as per the guidelines of Banking Regulation Act, 1949. It can also undertake inspection of State Co-operative Agriculture and Rural Development Banks and apex non-credit co-operative societies on a voluntary basis.

Question 3.
Write important features of KVIC.
Answer:
Important features of KVIC are as follows:
(i) Research and Development: To face the challenge of globalisation, KVIC has introduced a number of new products range like khadi denim jeans to cater the need of the market. The KVIC undertake trainings of sales staff for effective marketing of the products. KVIC is taking several steps to set standards of quality to ensure genuineness of the khadi products. KVIC signed Memorandum of Understanding with National Institute of Design to provide design support, services in packaging, marketing, communication, publicity, disseminating materials and other design-related activities.

(ii) Other Functions : The KVIC is charged with the planning, promotion, organization and implementation of programs for the development of Khadi and other village industries in the rural area. It organizes training programme for artisans engaged in Khadi and Village Industries.

(iii) Marketing Promotion : In order to attract younger generation, the KVIC is holding exhibitions, seminars, lectures in universities and colleges to disseminate knowledge of KVIC products. KVIC has also launched a massive marketing development plan to generate interest, awareness and attraction amongst masses.

(iv) Financial Assistance : It finances the projects for rural industrialization and also provides for margin money by way of subsidy. There are provisions for higher rate of subsidies in case of beneficiaries of the weaker section, tribal areas and backward regions. KVIC also provides financial assistance to institutions and individuals for development and operation of Khadi and Village industries.

(v) Rural Development : The Khadi and Village Industries plays an important role in the development of Indian economy, particularly in the development of the rural areas. KVIC facilitates proper utilization of natural resources in rural India for generating income for the rural masses.

(vi) Employment Generation: Due to increasing workforce, it is necessary to create employment opportunities. KVIC are labour intensive in nature. The broader objective of KVIC is to promote non-farm employment opportunities in rural areas.

(vii) Entrepreneurship Development : KVIC helps to provide additional livelihood avenues to the village communities. KVIC generate self-employment opportunities through establishment of micro enterprises by organizing traditional artisans and unemployed youth.

Question 4.
Write important features of SHGs.
Answer:
Important features of SHGs are as follows:
(i) Formation : It is generally formed by NGO’s or team of the government. It is an informal group. It is recognized by the government and does not require any formal registration. SHGs have well-defined rules and by-laws, hold regular meetings and maintain records.

(ii) Membership : As per the National Urban Livelihood Mission at least 5 members are required. It is difficult to manage bigger group and members cannot actively participate. From one family only one person can become a member so that more families can participate. Mixed groups are generally not preferred.

(iii) Entrepreneurship Development : The poor individuals in rural area face scarcity of capital and managerial skills. SHGs provide them capital at low interest rate which give them opportunity to start micro enterprise. These micro enterprises use untapped manpower in the area which generates employment opportunities in rural area.

(iv) Collateral Free L oan: SHGs provide small loans to the poor individuals for undertaking self-employment projects. Loans are given on the principle of mutual trust and either minimum or no documentation is required to get loan. The rate of interest differs from group to group and it is little higher than the interest charged by banks. It ensures timely repayment of loans as all members of the group are responsible for collecting repayment amount from the members who borrowed the loan.

(v) Democratic Setup : SHG is group of members, for the members and by the members. It is the group which reflects the people’s real participation in the process of development. Members elect or select leader for proper functioning of the group. Leader is responsible for holding regular meetings and maintaining records and accounts of the group.

(vi) Empowerment of Women : SHG is an emerging tool for socio-economic development of women all over the world. SHGs are working effectively in promoting women entrepreneurship. SHGs empower women by providing her knowledge, finance and opportunities.

(vii) Saving Habits : The SHG encourages small saving habits at regular interval among its members. The Self Help Group inculcates the thrift and savings habit among the members of each group.

(viii) Mutual Trust : Most of the Indian villages are facing challenges such as poverty, illiteracy, lack of skills, health care, etc. The basic philosophy of forming SHGs is to overcome individual shortcomings and weaknesses with collective efforts. Through mutual trust thousands of the poor and marginalized individuals are building their lives, their families and their society.

Question 5.
Write important features of World Bank.
Answer:
Important features of World Bank are as follows:
(i) Organisation and Structure : The organization of the bank consists of the Board of Governors, the Board of Executive Directors and the Advisory Committee, the loan Committee and the President and other staff members. Board of Governors is the supreme policy making body of the bank. The board consists of one Governor and one Alternative Governor appointed for 5 years by each member country. The Board of Executive Directors consists of 21 member, 6 of them are appointed by the six largest shareholders, namely USA, UK, Germany, France, Japan and India. The rest 15 members are elected by the remaining countries.

(ii) Innovation and Entrepreneurship : Innovation and Entrepreneurship helps in higher productivity which leads to increased economic growth. It helps in creation of employment to eradicate poverty. Young and growth oriented companies contribute in employment growth. They help in enhancing competitiveness and productivity by introducing new products, developing novel business models and opening new markets. The World Bank brings global experience, knowledge, research and investments to help client countries develop effective innovation and entrepreneurship ecosystems, such as policies, strategies, regulations and institutions that foster investments and jobs.

(iii) Financial Products and Services : World Bank provides low-interest loans, zero to low interest credits, and grants to developing countries. It supports in areas such as education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management.

(iv) Innovative Knowledge Sharing : World bank sponsors, host or participates in many conferences and forums on issues of development. It also collaborates with partners on many developing issues. It also takes effort to provide access to the best global expertise to the developing countries.

(v) Goals :
The world bank group has set 2 goals to be achieved by 2030.

• End extreme poverty by decreasing the percentage of people living on less than 1.90 dollars a day to no more than 3%.
• Promote shared prosperity by fostering the income growth of the bottom 40% of every country.

(vi) Social Development : Social Development focuses on the need to ‘put people first’ in development process. The World Bank’s work on social development, brings voices of the poor and vulnerable into development.