Characterstics of Indian Economy
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Planning commission has renamed as _____________.Marks:1
In India, planning began with the setting up of a planning commission in 1991 which is now been replaced by NITI Aayog (w.e.f. 1st August 2014).
Indian economy is considered as an underdeveloped economy because of ____________.Marks:1
Pre-dominance of Agriculture
Pre-dominance of Agriculture: Agricultural productivity in India is very low. More than 50 percent of the total population is engaged in agricultural activities and contributes very less percent to the country’s national income. Thus, the Indian economy is considered an underdeveloped economy.
Identify the option which relates to the primary sector.Marks:1
The primary sector is the sector that makes direct use of natural resources. It includes animal husbandry, agricultural activities, forestry, fisheries, etc.
_____________ is also known as manufacturing sector.Marks:1
The secondary sector is also known as the manufacturing sector. It includes all manufacturing and construction activities.
The Indian economy is classified into ___________.Marks:1
The Indian economy is classified into three sectors:
(i) Primary sector
(ii) Secondary sector
(iii) Tertiary sector