Class test Nov 2 Class 12 BOP Environment
Ques 1. Giving reasons, state whether the following statements are true or false (6)
(i) Current account of Balance of Payment account records only export and import of goods and services.
(ii) Foreign investments are recorded in the capital account of Balance of Payments.
(iii) Excess of foreign exchange receipts over foreign exchange payments on account of accommodating transactions equals deficit in the Balance of Payments.
(iV) Export and import of machines are recorded in capital account of Balance of Payments account.
(v) Difference between value of exports and imports of goods and services are called Balance of Trade.
(vi) External assistance is not recorded in Balance of Payments account.
Ques 2. Explain the distinction between autonomous and accommodating transactions in Balance of Payments. (4)
(a) Overuse of environmental resources.
(b) Misuse of environmental resources.
(i) Current account of Balance of Payment account records only export and import of goods and services.
(ii) Foreign investments are recorded in the capital account of Balance of Payments.
(iii) Excess of foreign exchange receipts over foreign exchange payments on account of accommodating transactions equals deficit in the Balance of Payments.
(iV) Export and import of machines are recorded in capital account of Balance of Payments account.
(v) Difference between value of exports and imports of goods and services are called Balance of Trade.
(vi) External assistance is not recorded in Balance of Payments account.
Ques 2. Explain the distinction between autonomous and accommodating transactions in Balance of Payments. (4)
Ques 3. Why and when was the Central Pollution Control Board (CPCB) set up? (2)Ques 4. Give two instances of (2)
(a) Overuse of environmental resources.
(b) Misuse of environmental resources.
Ques 5. What are the functions of the environment? (4)
Ques 6. Name animals/birds which help in biopest control? (1)
Ques 7. The resource extraction is not above the rate of regeneration of the resource and the wastes generated are within the assimilating capacity of the environment. When this is not so, the environment fails to perform its third and vital function of life sustenance and this results in an environmental crisis.
(b) People were not aware about environmental resources
(c) Population was within the absorptive capacity
(d) Both (a) and (c)
Ques 7. The resource extraction is not above the rate of regeneration of the resource and the wastes generated are within the assimilating capacity of the environment. When this is not so, the environment fails to perform its third and vital function of life sustenance and this results in an environmental crisis.
Why environmental problem did not arise before industrialisation? (1)(a) Demand for environmental resources and services was much less than their supply
(b) People were not aware about environmental resources
(c) Population was within the absorptive capacity
(d) Both (a) and (c)
