A country is efficient in both cars and wheat, yet it exports wheat because giving up cars per unit of
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Chapter 17: Production Across Countries and Interlinking of Production (Set-4)
A country keeps exporting a product even after wages rise because its machines and skills keep unit cost low. The
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A country can make both tea and cloth cheaper than another, but it exports cloth because it sacrifices less tea
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A country has skilled software workers, so it exports IT services while importing machines. This trade pattern mainly shows A
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When a country focuses on making goods it can produce at lower opportunity cost, it is using which idea A
Continue readingChapter 16: Self Help Groups and Credit for the Poor (Set-5)
A borrower has income but no collateral; which formal route most directly improves loan access through a group-based method A
Continue readingChapter 16: Self Help Groups and Credit for the Poor (Set-4)
Which condition usually shows an SHG is “mature” for bank linkage? A Irregular savings pattern B No internal lending C
Continue readingChapter 16: Self Help Groups and Credit for the Poor (Set-3)
Which feature best shows a loan is from the formal sector and not informal A Oral promise only B Family
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In a formal loan, why is a written agreement important for the borrower A Hides true cost B Removes repayment
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Which lender is a formal source because it is regulated and registered under laws A Village moneylender B Pawn shop
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