Describe any three characteristics of the Drug-Bastar-Chandrapur Iron-ore belt in India.
How does the use of money make it easier to exchange things? Give an example.
Money acts as medium of exchange as it facilitates exchange through a common medium i.e. currency. With money as a medium, the two components of a transaction namely, sale and purchase can be easily separated.
Analyse the importance of the three-tier judicial machinery under Consumer Protection Act. (COPRA), 1986 for redressal of consumer disputes.
How do Multi-National Corporations (MNCs) interlink production across countries? Explain with examples