“Agriculture had been the backbone of the Indian economy. But the declining share of agriculture in the GDP is now a matter of serious concern.” -SST 10th

“Agriculture had been the backbone of the Indian economy. But the declining share of agriculture in the GDP is now a matter of serious concern.” -SST 10th
by

1 Answer

Answer :

Agriculture is the backbone of the Indian economy because:  (i) In India, about 63% people were engaged in agriculture sector in 2001.  (ii) Share in GDP was more than 40% in 1973.  (iii) Raw materials for secondary sectors are mostly supplied by agriculture. But now, the share of agriculture is declining in the GDP year by year. So, it is a matter of serious concern for all.  (iv) Share of agriculture in the G.D.P. has declined from 44% to 24% during 1973 to 2003.  (v) The primary sector continues to be the largest employer even in 2000 but the production has not increased by this rate.
by

Related questions

“The declining share of agriculture in the Gross Domestic Product (G.D.P.) is a matter of serious concern in India”. -SST 10th

Description : “The declining share of agriculture in the Gross Domestic Product (G.D.P.) is a matter of serious concern in India”. -SST 10th

Last Answer : (i) Indian farmers are facing challenge from international competition. (ii) Government is reducing investment in agricultural sector, especially irrigation sector. (iii) Subsidy in ... are withdrawing their investment from agriculture causing a downfall in the employment in agriculture.

Agriculture has been the backbone of the Indian Economy’ Explain the statement by giving reason -Geography 10th

Description : Agriculture has been the backbone of the Indian Economy’ Explain the statement by giving reason -Geography 10th

Last Answer : India is an agricultural country because of the following reasons: Two-third of its population is engaged in agricultural activities which provide a livelihood. Agriculture is a primary activity and ... providing employment and livelihood to the population continued to be as high as 63% in 2001.

‘Agriculture is the backbone of the Indian economy’. Fill in the boxes supporting this statement.

Description : ‘Agriculture is the backbone of the Indian economy’. Fill in the boxes supporting this statement.

Last Answer : ‘Agriculture is the backbone of the Indian economy’. Fill in the boxes supporting this statement. Complete the following web diagram.

Which sector is the backbone of Indian economy? a) Service Sector b) Financial Sector c) Tourism Sector d) Agriculture Sector

Description : Which sector is the backbone of Indian economy? a) Service Sector b) Financial Sector c) Tourism Sector d) Agriculture Sector

Last Answer : d) Agriculture Sector

Why has Indian agriculture started a declining trend in food production ? -SST 10th

Description : Why has Indian agriculture started a declining trend in food production ? -SST 10th

Last Answer : Due to the following reasons food production is declining :- (i) There has been a gradual shift from cultivation of food crops to cultivation of cash crops, fruits vegetable, etc. (ii) ... ) Natural calamities like drought and flood have become frequent. Monsoon is still vital for food production.

Why has Indian agriculture started a declining trend in food production? -SST 10th

Description : Why has Indian agriculture started a declining trend in food production? -SST 10th

Last Answer : Due to the following reasons food production is declining: (i) There has been a gradual shift from cultivation of food crops to cultivation of cash crops, fruits vegetable, etc. (ii) ... ) Natural calamities like drought and flood have become frequent. Monsoon is still vital for food production.

Agriculture, the key sector in the Pakistan economy accounts for A. 21% of GDP B. 25% of GDP C. 28% of GDP D. 51 of GDP

Description : Agriculture, the key sector in the Pakistan economy accounts for A. 21% of GDP B. 25% of GDP C. 28% of GDP D. 51 of GDP

Last Answer : ANSWER: A

Agriculture, the key sector in the Pakistan economy accounts for A. 21% of GDP B. 25% of GDP C. 28% of GDP D. 51 of GDP

Description : Agriculture, the key sector in the Pakistan economy accounts for A. 21% of GDP B. 25% of GDP C. 28% of GDP D. 51 of GDP

Last Answer : ANSWER: A

Agriculture, the key sector in the Pakistan economy accounts for A. 21% of GDP B. 25% of GDP C. 28% of GDP D. 51 of GDP

Description : Agriculture, the key sector in the Pakistan economy accounts for A. 21% of GDP B. 25% of GDP C. 28% of GDP D. 51 of GDP

Last Answer : ANSWER: A

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

Over the years the contribution of agriculture to Indian GDP is a. Increasing b. Decreasing c. Constant d. None of these

Description : Over the years the contribution of agriculture to Indian GDP is a. Increasing b. Decreasing c. Constant d. None of these

Last Answer : b. Decreasing

Why is agriculture called the backbone of India’s economic system? -SST 10th

Description : Why is agriculture called the backbone of India’s economic system? -SST 10th

Last Answer : Agriculture can be called the backbone of India's economic system because two-thirds of the Indian population is engaged in the cultivation of land. Agriculture not only helps to feed the ... industries with raw materials. It also provides as substantial portion of the country's exports.

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.

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.

‘The Iron and Steel industry constitutes the backbone of modem industrial economy.’ Give two reasons to justify the statement. -Geography

Description : ‘The Iron and Steel industry constitutes the backbone of modem industrial economy.’ Give two reasons to justify the statement. -Geography

Last Answer : Iron and steel industry is called the basic industry because : • It is the industry which lays the foundation of rapid development of other industries such as heavy engineering, defence equipment, automobiles, aeroplanes, etc. • It is also helpful in providing employment.

A market share pricing objective A)is not recommended when sales for the total industry are declining. B)is not especially useful when sales for the total industry are increasing. C)is not especially useful when sales for the total industry are flat. D)can be used effectively whether total industry sales are rising or falling.

Description : A market share pricing objective A)is not recommended when sales for the total industry are declining. B)is not especially useful when sales for the total industry are increasing. C)is not ... industry are flat. D)can be used effectively whether total industry sales are rising or falling.

Last Answer : D)can be used effectively whether total industry sales are rising or falling.

Why is agriculture called the mainstay of Indian economy ? -SST 10th

Description : Why is agriculture called the mainstay of Indian economy ? -SST 10th

Last Answer : (i) Agriculture is the mainstay of Indian economy because about 60% of our population depends directly or indirectly on agriculture. (ii) It provides raw materials to the industries. (iii) India earns ... 29% to the Gross Domestic Product. (v) It provides food to over 1210.2 million population.

What is the importance of agriculture in Indian economy ? -SST 10th

Description : What is the importance of agriculture in Indian economy ? -SST 10th

Last Answer : a. India is an agricultural country. b. Nearly two-thirds of its population depends directly on agriculture for its livelihood. c. Agriculture is the mainstay of India's economy. d ... raw materials for industries. f. Agricultural development is therefore, a precondition of our national prosperity.

What is the importance of agriculture on Indian economy ? -SST 10th

Description : What is the importance of agriculture on Indian economy ? -SST 10th

Last Answer : a. India is an agricultural country. b. Nearly two-thirds of its population depends directly on agriculture for its livelihood. c. Agriculture is the main stay of India's economy. d. ... significant role in the various kinds of agricultural activities. c. Farmers depend mainly upon monsoon rains.

Why is agriculture called the mainstay of Indian economy? -SST 10th

Description : Why is agriculture called the mainstay of Indian economy? -SST 10th

Last Answer : (i) Agriculture is the mainstay of Indian economy because about 67% of our population depends directly or indirectly on agriculture. (ii) It provides raw materials to the industries. (iii) India ... about 29% to the gross domestic product. (v) It provides food to over 1027 million population.

The Agriculture sector contributed _______ percent in GDP during 2016-17 A. 19% of GDP B. 19.8% of GDP C. 20.2% of GDP D. 21% of GDP

Description : The Agriculture sector contributed _______ percent in GDP during 2016-17 A. 19% of GDP B. 19.8% of GDP C. 20.2% of GDP D. 21% of GDP

Last Answer : ANSWER: B

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).

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.

Contribution of agriculture in GDP is (A) 23% (B) 30% (C) 40% (D) 60%

Description : Contribution of agriculture in GDP is (A) 23% (B) 30% (C) 40% (D) 60%

Last Answer : (A) 23%

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

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

Nitrous oxide, commonly called laughing gas, has been a matter of concern to environmentalists recently because: w) it is thought to cause cancer at low concentrations. x) it produces photochemical smog. y) it is a greenhouse gas. z) none of the above

Description : Nitrous oxide, commonly called laughing gas, has been a matter of concern to environmentalists recently because: w) it is thought to cause cancer at low concentrations. x) it produces photochemical smog. y) it is a greenhouse gas. z) none of the above

Last Answer : ANSWER: Y -- IT IS A GREENHOUSE GAS.

Indian agriculture is typically characterised as - (1) land surplus, labour scarce economy (2) land surplus, labour surplus economy (3) land scarce, labour surplus economy (4) land scarce, labour scarce economy

Description : Indian agriculture is typically characterised as - (1) land surplus, labour scarce economy (2) land surplus, labour surplus economy (3) land scarce, labour surplus economy (4) land scarce, labour scarce economy

Last Answer : (3) land scarce, labour surplus economy Explanation: The labor surplus economy model has as its basic premise the inability of unskilled agricultural labor markets to clear in countries with high man/land ... Japan, South Korea, and Taiwan are similar to India in being land scarce and labor surplus.

What is the mainstay of Indian economy? A. Manufacturing B. Business C. Public sector D. Agriculture

Description : What is the mainstay of Indian economy? A. Manufacturing B. Business C. Public sector D. Agriculture

Last Answer : D. Agriculture

In which sector of Indian economy will we find a high rate of disguised unemployment? A. Service sector B. Agriculture sector C. Manufacture sector D. Mining sector

Description : In which sector of Indian economy will we find a high rate of disguised unemployment? A. Service sector B. Agriculture sector C. Manufacture sector D. Mining sector

Last Answer : B. Agriculture sector

In which sector of Indian economy will we find a high rate of disguised unemployment? (a) Service sector. ; (b) Agriculture sector. ; (c) Manufacture sector. ; (d) Mining sector.

Description : In which sector of Indian economy will we find a high rate of disguised unemployment? (a) Service sector. ; (b) Agriculture sector. ; (c) Manufacture sector. ; (d) Mining sector. 

Last Answer :  (b) Agriculture sector.

Indian agriculture is typically characterised as (1) land surplus, labour scarce economy (2) land surplus, labour surplus economy (3) land scarce, labour surplus economy (4) land scarce, labour scarce economy

Description : Indian agriculture is typically characterised as (1) land surplus, labour scarce economy (2) land surplus, labour surplus economy (3) land scarce, labour surplus economy (4) land scarce, labour scarce economy

Last Answer :  land scarce, labour surplus economy

When will GDP of an economy be equal to GNP?

Description : When will GDP of an economy be equal to GNP?

Last Answer : When will GDP of an economy be equal to GNP?

Industry is the the 2nd largest sector of the economy how much of GDP it accounts for in 2011- 12 A. 0.29% B. 0.86% C. 1.70% D. 2.2%

Description : Industry is the the 2nd largest sector of the economy how much of GDP it accounts for in 2011- 12 A. 0.29% B. 0.86% C. 1.70% D. 2.2%

Last Answer : ANSWER: B

Industry is the the 2nd largest sector of the economy how much of GDP it accounts for in 2011- 12 A. 0.29% B. 0.86% C. 1.70% D. 2.2%

Description : Industry is the the 2nd largest sector of the economy how much of GDP it accounts for in 2011- 12 A. 0.29% B. 0.86% C. 1.70% D. 2.2%

Last Answer : ANSWER: B

Structural unemployment is mainly due to (a) Structural changes in the economy ; (b) Technological development (c) Growth in GDP ; (d) Population explosion.

Description : Structural unemployment is mainly due to (a) Structural changes in the economy ; (b) Technological development (c) Growth in GDP ; (d) Population explosion.

Last Answer : (a) Structural changes in the economy ;

In an open economy (a) GDP=GNP ; (b) GDP>GNP ; (c) GDP<GNP ; (d) All the three are possible

Description : In an open economy (a) GDP=GNP ; (b) GDP>GNP ; (c) GDP

Last Answer : ; (d) All the three are possible

In a closed economy (a) GDP=GNP ; (b) GDP>GNP ; (c) GDP<GNP ; (d) All the three are possible

Description : In a closed economy (a) GDP=GNP ; (b) GDP>GNP ; (c) GDP

Last Answer : (a) GDP=GNP ; 

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 ; 

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 reasons have you had for neither accepting nor declining a facebook friend request?

Description : What reasons have you had for neither accepting nor declining a facebook friend request?

Last Answer : My reason: I don’t have a Facebook account, and therefore, no friend requests.

I am planning to move to London in 3 months and I am most concern with how much it will cost me to live decently in this place. I found some useful and informative sites regarding accommodation, but I couldn't find something that can figuratively tell me the cost of a decent meal, utilities among others. Can anyone share their knowledge? Anything that can help me compute for my monthly expenses would be most appreciated.

Description : I am planning to move to London in 3 months and I am most concern with how much it will cost me to live decently in this place. I found some useful and informative sites regarding ... anyone share their knowledge? Anything that can help me compute for my monthly expenses would be most appreciated.

Last Answer : answer:CCCCCONGRATULATIONS, YOU MADE THE LARGEST QUESTION YET !!! …and i’m not even gonna bother reading something that long…

Establishing financial security has been identified as a developmental task of which of the following groups? a) Middle adult The middle adult’s tasks also include launching children, and refocusing on one’s marital relationship. b) Older adult The older adult’s tasks include adapting to retirement and declining physical stamina. c) Young adult The young adult’s tasks include establishing a lifestyle and independence. d) Teenager The teenager’s primary developmental tasks include developing an identity and intimacy.

Description : Establishing financial security has been identified as a developmental task of which of the following groups? a) Middle adult The middle adult's tasks also include launching children, and ... . d) Teenager The teenager's primary developmental tasks include developing an identity and intimacy.

Last Answer : a) Middle adult The middle adult’s tasks also include launching children, and refocusing on one’s marital relationship.

No matter competent a CPA may be, his opinion on financial statements will be of little value to those who rely upon him unless he: a. Maintains his independence. b. Maintains professional competence. c. Maintains a program of continuing education. d. Serves his clients with professional concern.

Description : No matter competent a CPA may be, his opinion on financial statements will be of little value to those who rely upon him unless he: a. Maintains his independence. b. Maintains professional competence. c. Maintains a program of continuing education. d. Serves his clients with professional concern.

Last Answer : Maintains his independence

In which year, hacking became a practical crime and a matter of concern in the field of technology? a) 1971 b) 1973 c) 1970 d) 1974

Description : In which year, hacking became a practical crime and a matter of concern in the field of technology? a) 1971 b) 1973 c) 1970 d) 1974

Last Answer : c) 1970

Which one of the following is not a matter a global concern in the removal of tropical forests ? (A) Their ability to absorb the chemicals that contribute to depletion of ozone layer. (B) Their role in maintaining the oxygen and carbon balance of the earth. (C) Their ability to regulate surface and air temperatures, moisture content and reflectivity. (D) Their contribution to the biological diversity of the planet.

Description : Which one of the following is not a matter a global concern in the removal of tropical forests ? (A) Their ability to absorb the chemicals that contribute to depletion of ozone layer ... , moisture content and reflectivity. (D) Their contribution to the biological diversity of the planet.

Last Answer : (A) Their ability to absorb the chemicals that contribute to depletion of ozone layer.

The most important quality of a good teacher is (A) Sound knowledge of subject matter (B) Good communication skills (C) Concern for students’ welfare (D) Effective leadership qualities

Description : The most important quality of a good teacher is (A) Sound knowledge of subject matter (B) Good communication skills (C) Concern for students’ welfare (D) Effective leadership qualities

Last Answer : (A) Sound knowledge of subject matter

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

. Mention the percentage share of primary sector in GDP in 1973. (a) 22% (b) 23% (c) 45% (d) 61%

Description : . Mention the percentage share of primary sector in GDP in 1973. (a) 22% (b) 23% (c) 45% (d) 61%

Last Answer : (c) 45%

What are the main causes of declining of forest reserves in india? -SST 10th

Description : What are the main causes of declining of forest reserves in india? -SST 10th

Last Answer : 'This answer was deleted by our moderators...