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   Money and Credit     i. In situations with high risks, credit might create further problems for the borrower.     Answer:          In situations with high risks, credit might create further problems for the borrower because: The borrower has to pay fixed interest on the money borrowed. The return on investment may or may not come due to uncertainty in business or farming. If the borrower fails to pay to borrowed money to the lender, then he might face a legal case in the court of law which will create additional problem for him. High risk is associated with high rate of interest.  Payment of high rate of interest will create problem for borrower if returns from his or business are not adequate.  ii. How does money solve the problem of double coincidence of wants? Explain with and example of your own.     Answer:          A person holding money can easily exchange it for any commodity o...

       Food Security in India Exercises 1. How is food security ensured in India ?   Answers:         Since the advent of the Green Revolution in the early-1970s, the country has avoided famine even during adverse weather conditions. India has become self-sufficient in food grains during the last 30 years because of a variety of crops grown all over the country. The availability of foodgrains (even in adverse weather conditions or otherwise) at the country level has further been ensured with a carefully designed food security system by components: a) buffer stock, and b) public distribution system. 2. Which are the people more prone to food insecurity ?     Answers:          Although a large section of people suffer from food and nutrition insecurity in India, the worst affected groups are landless people with little or no land to depend upon, traditional artisans, providers of traditional services, pet...