Comprehension
Growth of GDP and major sectors (in %)-
| Sectors | 1980-1991 | 1992-2001 | 2002-2007 | 2007-2012 | 2012-2017 | |
|---|---|---|---|---|---|---|
| Target I | Target II | |||||
| Agriculture | 3,6 | 3,3 | 2,3 | 3,2 | 4,0 | 4,2 |
| Industry | 7,1 | 6,5 | 9,4 | 7,4 | 9,6 | 10,9 |
| Services | 6,7 | 8,2 | 7,8 | 10,0 | 10,0 | 10,0 |
| Total | 5,6 | 6,4 | 7,8 | 8,2 | 9,0 | 9,5 |
Question: 1
In economics, growth of an economy is measured by:
In economics, growth of an economy is measured by:
Updated On: Feb 28, 2025
- 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.
The overall growth of GDP increased from _______ % during 1980-91 ______ to % during 2007-2012.
Updated On: Feb 28, 2025
- 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.
Identify which sector has attained the highest growth during reform period till 2012.
Updated On: Feb 28, 2025
- 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
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: Feb 28, 2025
- 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.
Identify the sector where the GDP growth has decreased during the reform period till 2007.
Updated On: Feb 28, 2025
- 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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