Characterstics of Indian Economy
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Q1
Planning commission has renamed as _____________.
Marks:1View AnswerAnswer:
NITI Aayog
Explanation:
In India, planning began with the setting up of a planning commission in 1991 which is now been replaced by NITI Aayog (w.e.f. 1st August 2014).
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Q2
Indian economy is considered as an underdeveloped economy because of ____________.
Marks:1View AnswerAnswer:
Pre-dominance of Agriculture
Explanation:
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.
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Q3
Identify the option which relates to the primary sector.
Marks:1View AnswerAnswer:
Animal husbandry
Explanation:
The primary sector is the sector that makes direct use of natural resources. It includes animal husbandry, agricultural activities, forestry, fisheries, etc.
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Q4
_____________ is also known as manufacturing sector.
Marks:1View AnswerAnswer:
Secondary sector
Explanation:
The secondary sector is also known as the manufacturing sector. It includes all manufacturing and construction activities.
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Q5
The Indian economy is classified into ___________.
Marks:1View AnswerAnswer:
Three sectors
Explanation:
The Indian economy is classified into three sectors:
(i) Primary sector
(ii) Secondary sector
(iii) Tertiary sector
