Comprehension

Growth of GDP and major sectors (in %)-
Sectors1980-19911992-20012002-20072007-20122012-2017
Target ITarget II
Agriculture3,63,32,33,24,04,2
Industry7,16,59,47,49,610,9
Services6,78,27,810,010,010,0
Total5,66,47,88,29,09,5

Question: 1

In economics, growth of an economy is measured by:

Updated On: May 18, 2024
  • Gross Domestic Product
  • Gross National Product
  • Net National Product
  • Net Domestic Product
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The Correct Option is A

Solution and Explanation

The correct option is (A): Gross Domestic Product
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Question: 2

The overall growth of GDP increased from _______ % during 1980-91 ______ to % during 2007-2012.

Updated On: May 18, 2024
  • 6.7%, 10.0%
  • 5.6%, 90%
  • 5.6%, 9.5%
  • 5.6%, 8.2%
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The Correct Option is D

Solution and Explanation

The correct option is (D): 5.6%, 8.2%
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Question: 3

Identify which sector has attained the highest growth during reform period till 2012.

Updated On: May 18, 2024
  • Agriculture sector
  • Service sector
  • Industry sector
  • Secondary sector
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The Correct Option is B

Solution and Explanation

The correct option is (B): Service sector
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Question: 4

To achieve the growth in GDP by 9 to 9.5 percent as per (XII plan) the agricultural, industrial and service sectors have to grow at the rates of

Updated On: May 18, 2024
  • 9.6 to 10.9, 10, 4 to 4.2 Percentage Points Respectively
  • 4 to 4.2, 10, 9.6 to 10.9 Percentage Points Respectively
  • 4 to 4.2, 9.6 to 10.9, 10 Percentage Points Respectively
  • 4 to 4.2, 7.4 to 9.6, 10 Percentage Points Respectively
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The Correct Option is C

Solution and Explanation

The correct option is (C): 4 to 4.2, 9.6 to 10.9, 10 Percentage Points Respectively
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Question: 5

Identify the sector where the GDP growth has decreased during the reform period till 2007.

Updated On: May 18, 2024
  • Agriculture sector
  • Teritary sector
  • Industry sector
  • Service sector
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The Correct Option is A

Solution and Explanation

The correct option is (A): Agriculture sector
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