Why if India is a top industrial country is its GDP so low?

Why if India is a top industrial country is its GDP so low?
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The ratio of industrial contribution to GDP growth during 2011-12 is A. 23.43% B. 20% C. 20.5% D. 18.9%

Description : The ratio of industrial contribution to GDP growth during 2011-12 is A. 23.43% B. 20% C. 20.5% D. 18.9%

Last Answer : ANSWER: A

The ratio of industrial contribution to GDP growth during 2011-12 is A. 23.43% B. 20% C. 20.5% D. 18.9%

Description : The ratio of industrial contribution to GDP growth during 2011-12 is A. 23.43% B. 20% C. 20.5% D. 18.9%

Last Answer : ANSWER: A

In a highly developed country the relative contribution of agriculture to GDP is (1) relatively high (2) relatively low (3) the same as that of other sectors (4) zero

Description : In a highly developed country the relative contribution of agriculture to GDP is (1) relatively high (2) relatively low (3) the same as that of other sectors (4) zero

Last Answer : (2) relatively low Explanation: In developed countries, the labor productivity of any commercial agriculture is high, so only a very small percentage of the population is involved with agriculture ... the primary sectors of the economy have sizeable contributions in the GDP of developing nations.

In a highly developed country the relative contribution of agriculture to GDP is (1) relatively high (2) relatively low (3) the same as that of other sectors (4) zero

Description : In a highly developed country the relative contribution of agriculture to GDP is (1) relatively high (2) relatively low (3) the same as that of other sectors (4) zero 

Last Answer : relatively low

Nominal GDP is A. The total value of goods and services net of exports B. The total value of goods and services produced during periods of low unemployment C. The total value of goods and services measured at current prices D. The total value of goods and services produced at full employment.

Description : Nominal GDP is A. The total value of goods and services net of exports B. The total value of goods and services produced during periods of low unemployment C. The total value of goods and services measured at current prices D. The total value of goods and services produced at full employment.

Last Answer : C. The total value of goods and services measured at current prices

Nominal GDP is (a) The total value of goods and services net of exports (b) The total value of goods and services produced during periods of low unemployment (c) The total value of goods and services measured at current prices (d) The total value of goods and services produced at full employment.

Description : Nominal GDP is (a) The total value of goods and services net of exports (b) The total value of goods and services produced during periods of low unemployment (c) The total value of goods and services measured at current prices (d) The total value of goods and services produced at full employment.

Last Answer : (c) The total value of goods and services measured at current prices

What is GDP of a country? Who has undertaken this task of measuring GDP in India? -SST 10th

Description : What is GDP of a country? Who has undertaken this task of measuring GDP in India? -SST 10th

Last Answer : The value of final goods and services produced in each sector during a particular year provides the total production of the sector for that year. And the sum of production in the three sectors ... information related to total Volume of goods and services and their prices and then estimates the GDP.

B) 4.9% Explanation: India is expected to equal China‘s 4.9% share of world GDP in 2005 by the middle of next decade and if the country grows faster, the date can be advanced. India‘s economy grew a stronger-than-expected 7.9% in the March quarter, making it the fastest growing major economy. HSBC said that if India grows at 8% rate, it would achieve the 4.9% share by 2027.

Description : B) 4.9% Explanation: India is expected to equal China s 4.9% share of world GDP in 2005 by the middle of next decade and if the country grows faster, the date can be advanced. India s economy grew ... major economy. HSBC said that if India grows at 8% rate, it would achieve the 4.9% share by 2027.

Last Answer : Which payment company launched a new POS terminal which seeks to ease payments across millions of small merchant outlets across India? A) PayUmoney B) Udio C) Paytm D) MoneyGram E) None of these

Rite one limitation of calculating GDP of a country -SST 10th

Description : Rite one limitation of calculating GDP of a country -SST 10th

Last Answer : 'GDP does not include the earning/profit of indians outside the country, but includes profit/assets of foreign companies in the domestic territory. Hope this answer was helpful to you.... If yes plz like, comment, and share .....

Which country has the highest GDP per capita?

Description : In which country do people live best? That is, which country has the highest gdp per capita. 

Last Answer : The fact that GDP has to do with a nation's standard of living, yet I don't think it clearly determines how well people live there. GDP otherwise ... Niger 407 186 Madagascar 402 187 Malawi 354 188 Central African Republic 332 189 Burundi 304                                                          

Sectoral distribution of GDP index measures ______. (1) Agriculture development of a country (2) Economic development of a country (3) Social development of a country (4) Socio-Economic development of a Country

Description : Sectoral distribution of GDP index measures ______. (1) Agriculture development of a country (2) Economic development of a country (3) Social development of a country (4) Socio-Economic development of a Country

Last Answer : (2) Economic development of a country Explanation: The sectoral distribution of GDP index measures the development of a country across several economic activities. It the market value of all final goods and services produced in a period (quarterly or yearly).

Which terns is used in economics for the market value of all goods and services in one year by labour and properly supplied by the residents of the country? (1) GDP (2) GPN (3) OMP (4) GNP

Description : Which terns is used in economics for the market value of all goods and services in one year by labour and properly supplied by the residents of the country? (1) GDP (2) GPN (3) OMP (4) GNP

Last Answer : (4) GNP Explanation: Gross National Product (GNP) is defined as "the market value of all goods and services produced in one year by labour and property supplied by the residents of a country. It is ... ), defined as "the value of all final goods and services produced in a country in I year."

Net National Product of a country is - (1) GDP minus depreciation allowances (2) GDP plus net income from abroad (3) GNP minus net income from abroad (4) GNP minus depreciation allowances

Description : Net National Product of a country is - (1) GDP minus depreciation allowances (2) GDP plus net income from abroad (3) GNP minus net income from abroad (4) GNP minus depreciation allowances

Last Answer : (4) GNP minus depreciation allowances Explanation: Net national product (NNP) is the total market value of all final goods and services produced by residents in a country or other polity during a given ... and NDP is equal to gross domestic product (GDP) minus depreciation: NDP = GDP - depreciation.

GDP is the money value of final goods and serviced produced in the………….of a country during an accounting year A. Domestic territory B. Political territory C. Specific area D. FTZ area

Description : GDP is the money value of final goods and serviced produced in the………….of a country during an accounting year A. Domestic territory B. Political territory C. Specific area D. FTZ area

Last Answer : A. Domestic territory

The terms of trade measures (a) the income of a country compared to another (b) The GDP of a country compared to another © The quantity of exports of a country compared to another (d) Export prices compared to import prices.

Description : The terms of trade measures (a) the income of a country compared to another (b) The GDP of a country compared to another © The quantity of exports of a country compared to another (d) Export prices compared to import prices.

Last Answer : (d) Export prices compared to import prices.

GDP is defined as (a) The market value of all goods and services produced in the domestic economy during the year ; (b) Current value of all the capital goods produced in the country. ; (c) Sum of goods and services exported during the year. ; (d) All the capital goods and consumable goods produced and sold during the year

Description : GDP is defined as (a) The market value of all goods and services produced in the domestic economy during the year ; (b) Current value of all the capital goods produced in the country. ; (c) ... during the year. ; (d) All the capital goods and consumable goods produced and sold during the year

Last Answer : (a) The market value of all goods and services produced in the domestic economy during the year ; 

All entries in the balance of payments should collectively sum to (a) GDP of that country ; (b) GNP of that country ; (c) Zero ; (d) Exports of that country.

Description : All entries in the balance of payments should collectively sum to (a) GDP of that country ; (b) GNP of that country ; (c) Zero ; (d) Exports of that country. 

Last Answer :  (c) Zero

Sectoral distribution of GDP index measures_________ (1) Agriculture development of a country (2) Economic development of a country (3) Social development of a country (4) Socio-Economic development of a Country

Description : Sectoral distribution of GDP index measures_________ (1) Agriculture development of a country (2) Economic development of a country (3) Social development of a country (4) Socio-Economic development of a Country

Last Answer :  Economic development of a country

Which term is used in economics for the market value of all goods and services in one year by labour and properly supplied by the residents of the country? (1) GDP (2) GPN (3) OMP (4) GNP

Description : Which term is used in economics for the market value of all goods and services in one year by labour and properly supplied by the residents of the country? (1) GDP (2) GPN (3) OMP (4) GNP

Last Answer : GNP

Net National Product of a country is (1) GDP minus depreciation allowances (2) GDP plus net income from abroad (3) GNP minus net income from abroad (4) GNP minus depreciation allowances

Description : Net National Product of a country is (1) GDP minus depreciation allowances (2) GDP plus net income from abroad (3) GNP minus net income from abroad (4) GNP minus depreciation allowances

Last Answer :  GNP minus depreciation allowances

What is GDP ? Who is responsible for collecting data for the GDP in India ? -SST 10th

Description : What is GDP ? Who is responsible for collecting data for the GDP in India ? -SST 10th

Last Answer : It is the value of goods and services produced within a country during a given time period. In India, the mammoth task of measuring the GDP is undertaken by a central government ministry. This ... relating to the total volume of goods and services and their prices, and then estimates the GDP.

What is GDP ? Assess the contribution of Secondary and Tertiary Sectors to the GDP of India. -SST 10th

Description : What is GDP ? Assess the contribution of Secondary and Tertiary Sectors to the GDP of India. -SST 10th

Last Answer : (i) Gross Domestic Product (GDP) refers to the money value of final goods and services produced in each sector. (ii) (a) The contribution of secondary sector to the Gross Domestic Product (GDP) in ... (b) The contribution of tertiary sector to the Gross Domestic Product (GDP) in India is about 53%.

Why has the agriculture sector in India got a major setback in spite of increase in the GDP growth rate? -SST 10th

Description : Why has the agriculture sector in India got a major setback in spite of increase in the GDP growth rate? -SST 10th

Last Answer : (i) More and more land is used for construction of factories, warehouses and shelters which have reduced the land under cultivation. (ii) Soil gets degraded by the use of pesticides, ... (v) Reduction in import duties on agricultural products have proved detrimental to agriculture in the country.

Assertion (A) – In 1950, India adopted economic planning to accelerate the rate of GDP, employment, export, etc. 

Description : Assertion (A) – In 1950, India adopted economic planning to accelerate the rate of GDP, employment, export, etc. 

Last Answer : Assertion and Reasoning - Choose the correct answer from the following: Assertion (A) - In 1950, India ... R) is not the correct explanation of (A).

Which one of the following sectors shows the highest share in Gross Domestic Product (GDP) in India? (a) Primary

Description : Which one of the following sectors shows the highest share in Gross Domestic Product (GDP) in India? (a) Primary

Last Answer : Which one of the following sectors shows the highest share in Gross Domestic Product (GDP) in India? ... (b) Secondary (c) Tertiary (d) Quaternary

Inflation refers to a fall in the value of money. Which of the following is the key measure of inflation in India? A. Consumer Price Index B. Wholesale Price Index C. Personal Consumption Expenditures Price Index D. GDP Deflator E. All of the above

Description : Inflation refers to a fall in the value of money. Which of the following is the key measure of inflation in India? A. Consumer Price Index B. Wholesale Price Index C. Personal Consumption Expenditures Price Index D. GDP Deflator E. All of the above

Last Answer : B. Wholesale Price Index Explanation: Inflation rates in India are usually quoted as changes in the Wholesale Price Index, for all commodities. Many developing countries use changes in the Consumer Price Index (CPI) as their central measure of inflation.

The contribution of Agricultural sector to the gross domestic product (GDP) in India in the year 2004-05 has been nearly (A) 25 % (B) 45 % (C) 35 % (D) 55 %

Description : The contribution of Agricultural sector to the gross domestic product (GDP) in India in the year 2004-05 has been nearly (A) 25 % (B) 45 % (C) 35 % (D) 55 %

Last Answer : (A) 25 %

Which of the following Price Indices of India is considered for measuring ‘Headline Inflation’? A. A GDP Deflator B. B CPI-AL/RL C. C CPI-IW D. D WPI

Description : Which of the following Price Indices of India is considered for measuring ‘Headline Inflation’? A. A GDP Deflator B. B CPI-AL/RL C. C CPI-IW D. D WPI

Last Answer : D. D WPI

If GDP exceeds GNP the possible reasons could be (a) Foreigners are earning more in India than Indians are earning in foreign countries (b) High incidence of plant and machinery wear out (c) Indian are earning more in foreign countries than foreigners earnings in India (d) None

Description : If GDP exceeds GNP the possible reasons could be (a) Foreigners are earning more in India than Indians are earning in foreign countries (b) High incidence of plant and machinery wear out (c) Indian are earning more in foreign countries than foreigners earnings in India (d) None

Last Answer : (a) Foreigners are earning more in India than Indians are earning in foreign countries 

1. When did Mr. Attlee, Prime Minister of England, announce tile transfer of power to the Indians? 2. Who is the recepient of Nobel Prize for the development of Wireless Telegraphy? 3. What does Net factor income from abroad added to GDP give? 4. What are tropical cyclones of the Bay of Bengal usually called? 5. Which king of the Gupta Dynasty was called the’ Napolean of India’?

Description : 1. When did Mr. Attlee, Prime Minister of England, announce tile transfer of power to the Indians? 2. Who is the recepient of Nobel Prize for the development of Wireless Telegraphy? 3. ... detailed pictures of which comet nucleus? 20. Of which site of Harappan is associated with rice cultivation?

Last Answer : Answer : 1. June, 1948 2. Marconi 3. GNP 4. Typhoons 5. Samudragupta 6. Ashapurna Devi 7. habitat destruction 8. Ministry of Human Affairs 9. Indequacy of water supply 10. Tansen 11. Synthetic petrol 12. ... 14. Kerala 15. Harivijaya 16. Pituitary 17. 530 18. Homi J. Bhabha 19. Tempel 1 20. Lothal

If a country's debt-to-GDP is currently 25%and its debt is expected to grow from $16 trillion to $20 trillion in the next ten years, what will be the country's GDP have to be in 10 years to maintain the current debt-to-GDP ratio?

Description : If a country's debt-to-GDP is currently 25%and its debt is expected to grow from $16 trillion to $20 trillion in the next ten years, what will be the country's GDP have to be in 10 years to maintain the current debt-to-GDP ratio?

Last Answer : 80 trillion

All of the following statements about thioredoxin reductase are true except: (A) It requires NADH as a coenzyme (B) Its substrates are ADP, GDP, CDP and UDP (C) It is activated by ATP (D) It is inhibited by dADP

Description : All of the following statements about thioredoxin reductase are true except: (A) It requires NADH as a coenzyme (B) Its substrates are ADP, GDP, CDP and UDP (C) It is activated by ATP (D) It is inhibited by dADP

Last Answer : Answer : A

Where can I find countries GDP growth by sector?

Description : Where can I find countries GDP growth by sector?

Last Answer : answer:What countries? If you want official numbers for Europe, go to the OECD website. http://www.oecd.org/ For Asia, ASEAN http://www.asean.org/ Or try the United Nations website. It really depends on whare and what you are looking for.

What is the effect on the GDP and the well-being of Canadians?

Description : What is the effect on the GDP and the well-being of Canadians?

Last Answer : answer:Welcome to Fluther! This looks much like a homework question, though I could be wrong. But I doubt it in this case. Clue us in on the answers that you’ve developed so far and I’m sure that people will be happy to help you work out the answers via discussion.

For GDP purposes, do economists classify education spending as consumption, investment, or gov't spending?

Description : For GDP purposes, do economists classify education spending as consumption, investment, or gov't spending?

Last Answer : I don't think you can make that kind of generalization, lumping public and private education together. I've only taken AP Macroeconomics so I'm certainly no expert, but I would think that publicly ... though, that's a large generalization, the types of spending would have to be further broken down.

Are indirect business taxes included in the measurement of GDP?

Description : Are indirect business taxes included in the measurement of GDP?

Last Answer : I'm pretty sure they aren't included at all, just like Government spending does not include benefit payments for GDP purposes. GDP is all about what an economy produces; things like taxes and food stamps ... what a country is producing. I'm still not 100% on that though, so you should verify it.

Does this graph of median income and per capita GDP pretty much say it all?

Description : Does this graph of median income and per capita GDP pretty much say it all?

Last Answer : answer:You might find the Gini coefficient interesting. We keep some bad company in the income inequality department. But don’t worry. If you work hard enough you will be rich someday. ~

What indicators could replace the GDP to measure how well a nation is doing?

Description : What indicators could replace the GDP to measure how well a nation is doing?

Last Answer : Quality of living, Low environmental impact, distribution of wealth, healthy people, whether or not strangers smile at you on the street.

What is GDP measured in?

Description : What is GDP measured in?

Last Answer : answer:Currency (like dollars). GDP is the total market value of all final goods and services produced within a country in a year.

What are developing countries that can be developed in the next 5-10 years in terms of HDI And GDP?

Description : What are developing countries that can be developed in the next 5-10 years in terms of HDI And GDP?

Last Answer : Vietnam

7. For each of the sectors that we came across in this chapter why should one focus on employment and GDP? Could there be other issues which should be examined? Discuss. -Economics 10th

Description : 7. For each of the sectors that we came across in this chapter why should one focus on employment and GDP? Could there be other issues which should be examined? Discuss. -Economics 10th

Last Answer : Employment and GDP are two of the most important factors in the development of a country. Employment and GDP are used to calculate the overall productivity and National ... chapter. Other issues which should be examined are as follows:Health care facilitiesEducationPovertyFood ProductionNourishment

How do we calculate the GDP? -SST 10th

Description : How do we calculate the GDP? -SST 10th

Last Answer : . Economists suggest that the values of goods and services should be used rather than adding up the actual numbers. The value of goods and seivices in the three sectors are calculated and thep added up ... . And the sum of production in three sectors gives us the Gross.Domestic Product or GDP'.

The following gives the GDP I rupees (Crore) by the three sectors: -SST 10th

Description : The following gives the GDP I rupees (Crore) by the three sectors: -SST 10th

Last Answer : In the year 1950 Total GDP (In 1950) = 80,000 +19,000 + 39,000 = 1, 38,000 crore In the year 2011 Total GDP (In 2011) = 8, 18,000 + 12, 49,000 + 28, 18,000 = 4,885,000 ... the GDP of all the three sectors is changing and specially the much more change have been seen in the GDP of tertiary sector.

Explain the term GDP. -SST 10th

Description : Explain the term GDP. -SST 10th

Last Answer : GDP means Gross Domestic Product of a country. It is the value of all final goods and services produced within a country during a particular year. Only the final goods and services are ... not the value of flour. The value of biscuits contains the value of intermediatary goods their production.

Which sector had the highest share in GDP in 2003? -SST 10th

Description : Which sector had the highest share in GDP in 2003? -SST 10th

Last Answer : Tertiary sector.

Mention the share of tertiary sector in terms of GDP in 2003 ? -SST 10th

Description : Mention the share of tertiary sector in terms of GDP in 2003 ? -SST 10th

Last Answer : Between 50-60%

What does GDP stand for ? -SST 10th

Description : What does GDP stand for ? -SST 10th

Last Answer : Gross Domestic Product.

What is GDP (Gross Domestic Product)? -SST 10th

Description : What is GDP (Gross Domestic Product)? -SST 10th

Last Answer : It is the value of final goods and services produced within the domestic territory of a country.

What is GDP? Explain with example the method of calculating Gross Domestic Product. -SST 10th

Description : What is GDP? Explain with example the method of calculating Gross Domestic Product. -SST 10th

Last Answer : G.D.P. is the sum of the money value of final goods and services produced in each sector during a particular year within domestic territory of a country. Only final goods and services are counted ... not correct because then we would be counting the value of the same things a number of times.

What is GDP ? -SST 10th

Description : What is GDP ? -SST 10th

Last Answer : (i) Gross Domestic Product or GDP is the value of all final goods and services produced within a country, during a particular year. (ii) The sum of production in the three sectors gives ... information relating to the total volume of goods and services and their prices and then estimates the GDP.