All questions of February Week 1 for Class 10 Exam

Liberalisation is the process or means of the elimination of the control of the state over economic activities. It provides greater autonomy to the business enterprises in decision-making and eliminates government interference.

Correct answer is option B that is Globalisation .
Because more and more goods and services , investments and technology are moving between countries.
there is one more way in which the countries can be connected . This is through the movement of people between countries. MNCs are playing major role in globalisation process .

Explanation:

Globalisation refers to the integration of economies, societies and cultures of different countries. It has a profound impact on the competition among producers. The correct answer to the given question is option 'A' i.e. more competition among producers. Let's understand why:

Reasons:

1. Increased market size: Globalisation increases the market size for producers as they can now sell their products to customers all over the world. This leads to more competition among producers as they are all vying for the same customers.

2. Lower trade barriers: Globalisation leads to the reduction of trade barriers between countries. Producers can now import and export goods more easily, which increases competition among producers as they are now competing with producers from other countries.

3. Advancements in technology: Globalisation has led to advancements in technology, which has made it easier for producers to produce and sell goods. This has increased competition among producers as they are now able to produce goods more efficiently and at a lower cost.

4. Increased access to capital: Globalisation has led to an increase in access to capital for producers. This has enabled them to invest in research and development, which has led to the creation of new and innovative products. This has increased competition among producers as they are now competing with producers who have access to the latest technology.

Conclusion:

In conclusion, globalisation has resulted in more competition among producers. This competition has led to innovations in products, lower prices for consumers and increased efficiency in production. However, it has also led to job losses in some sectors and increased inequality.

Answer a

We know that ,
Class Mark = upper limit + lower limit /2
--->. Class Mark = 22 + 18/2
--->. Class Mark = 40/2
--->. Class Mark = 20

Hence , option D is correct.

The abscissa of the point of intersection of both types of cumulative frequency curves helps in finding the median.

The median is the middle value in a dataset, and it divides the dataset into two equal parts. When we plot the cumulative frequency curve, we can find the median by finding the point of intersection of the two types of curves.

The point of intersection of the less than and more than cumulative frequency curves represents the median value. This is because at this point, half of the observations are below this value, and half of the observations are above this value.

The abscissa of the point of intersection does not help in finding the mean or mode. The mean is calculated by summing up all the observations and dividing by the number of observations. The mode is the value that appears most frequently in a dataset.

Therefore, the correct answer is (b) median.