Describe any four points of importance of primary sector in the Indian economy. -SST 10th

1 Answer

Answer :

(i) Primary sector contributes more than 20% to the GDP of India. (ii) Its employment share is more than 55%. (iii) It is the most labouring sector of Indian economy. (iv) It covers agriculture, dairy, fishing, forestry which all contribute to the Indian economy.

Related questions

Description : Explain any four points of importance of Secondary sector in the Indian economy. -SST 10th

Last Answer : (i) The Secondary sector contributes more than 20% to the GDP of India. (ii) It provides employment to the people. (iii) It provides goods to the people like cloth, sugarcane, iron and steel. (iv) The Secondary sector promotes the development of the Primary and the Tertiary sectors

Description : What is the importance of the Information Technology sector for the Indian economy ? -SST 10th

Last Answer : The importance of IT sector is as follows: (i) It has provided employment to over one million people. (ii) This industry is said to be a major foreign exchange earner. (iii) It has helped in the growth of the service sector. (iv) It provides employment to innumerable men and women.

Description : Distinguish between primary sector and secondary sector by stating four points of distinction. -SST 10th

Last Answer : Distinguish between primary sector and secondary sector

Description : Give at least three reasons, why India has given more importance to public sector in its economy. -SST 10th

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

Description : Explain why service sector is gaining more importance in the global economy. -SST 10th

Last Answer : Tertiary sector in India has been growing rapidly for a number of reasons: (i) In a developing country, the government has to take the responsibility for the provision of basic services for example ... workers, maid, peons, small shopkeepers, etc., do not find any change in their life.

Description : Which sector of the economy does the given image illustrate? (a) Private sector (b) Primary sector (c) Tertiary sector (d) Secondary sect

Last Answer : (d) Secondary sector

Description : 12.“Tertiary sector is not playing any significant role in the development of Indian economy.” Do you agree? Give reasons in support of your answer. -SST 10th

Last Answer : No, this is not correct. The tertiary sector is playing a significant role in the development of the Indian Economy. In the year 2003, the tertiary sector replaced the primary sector ... the tertiary sector.This sector provides the maximum employment opportunities to the people in the country.

Description : what is the significance of secondary sector in Indian economy how does it help in the economic developments of the country. -SST 10th

Last Answer : 'Secondary Sectors importance in Indian economy: (i) The Secondary sector contributes more than 20% to the GDP of India. (ii) It provides employment to the people. (iii) It ... infrastructure has also improved a lot due to industrialization and has contributed to economic development in India.

Description : Tertiary sector is not playing any significant role in the development of Indian economy.' -SST 10th

Last Answer : We do not agree with this statement because the tertiary sector has become the most critical sector of our economy concerning both employment and GDP. This sector contributes around 60% off our GDP ... The tertiary sector will further grow because of the rise in income and demands of the people.

Description : What is the significance of secondary sector in Indian economy? -SST 10th

Last Answer : After independence secondary sector or manufacturing sector became the most important in total production and employment. In the past 30 years, service sector has taken a lead in terms of total ... of share in GDP tertiary sector is the leading sector followed by primary and secondary sectors.

Description : Mention any one factor responsible for the growth of service sector in the Indian economy. -SST 10th

Last Answer : The development of agriculture and industry lead to the development of services such as transport, trade, storage, etc.

Description : What is the significance of secondary sector in Indian economy? -SST 10th

Last Answer : The significance of secondary sector is that it transforms raw materials into commodities. It is the second largest sector of our country. Role in Economic development: (i) Secondary sector ... in creating self-sufficiency in the country. It produces goods for local and international consumers.

Description : What is liberalization ? Describe any four effects of liberalization on the Indian economy. -SST 10th

Last Answer : 1. Removal of barriers or restrictions set up by the government is known as the process of liberalisation. The Indian government after independence had put barriers to foreign trade and foreign ... from the impact of British rule which first required the development of India and its economy.

Description : Do you agree that agriculture is an activity of the unorganised sector in India. Give any four points. -SST 10th

Last Answer : Yes. Agriculture in India is an activity of the unorganised sector. (i) Most of the workers working in agriculture are ill paid. (ii) Agriculture sector faces the problem of under employment ... . (iv) Most of the farmers are dependent on moneylenders and relatives for their loan requirements.

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.

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.

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

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

Last Answer : D. Agriculture

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

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.

Description : What is the Ho Chi Minh trail? Describe any three points of its importance. -SST 10th

Last Answer : The Ho Chi Minh trail was an immense network of footpaths and roads, used to transport men and materials from the north to the south during the Vietnam war. Importance : (i) The story of the Ho ... was used by about 20,000 North Vietnamese troops who came to the south each month using this trail.

Description : What is Ho Chi Minh trail? Describe any three points of its importance. -SST 10th

Last Answer : The Ho Chi Minh Trail was not just one trail but a series of trails. The Ho Chi Minh Trail was used by the North Vietnamese as a route for its troops to get into the South. They also used ... trail was used by about 20,000 North Vietnamese troops who came to the south each month using this trail.

Description : What is the Ho Chi Minh trail? Describe any three points of its importance. -SST 10th

Last Answer : 1. It was used to transport men and material from north to the south Vietnam. 2.after 1967 about 20,000 north Vietnamese troops came south each month on this trail. 3.The trial had ... lines extending into south Vietnam. 5.US regularly bombed this trail...but Vietnamese used quickly rebuilt it.

Description : How does textile industry occupy a unique position in Indian economy ? Explain giving any five points. -SST 10th

Last Answer : 1. The textile industry occupies a unique position in the Indian economy because of its significant contributions from the very beginning. 2. It contributes enormously towards industrial ... industries, such as chemicals and dyes, mill stores and packaging materials and engineering works.

Description : Write four points to stress the importance of agriculture in India. -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 livelihood. Agriculture is a primary activity and produces ... employment and livelihood to the population continued to be as high as 63% in 2001.

Description : Explain with suitable examples that which part of the service sector is not growing in importance. -SST 10th

Last Answer : (i) The unorganised sector of the service sector is not growing in importance. (ii) A large number of workers in the small- scale industries, casual workers in construction, trade and transport, vendors and ... and not regular. (iv) They are paid a very low salary and their is no job security.

Description : Give reasons why tertiary sector has become so important in India ? Or Give five reasons for the rising importance of the tertiary sector in India? -SST 10th

Last Answer : Tertiary sector has become important in India because : (i) Basic services like hospitals, education, post and telegraph, courts, etc. are the responsibility of the government in developing ... . (v) Liberalisation of financial sector provided an environment for faster growth of financial services.

Description : Explain the importance of the service sector. -SST 10th

Last Answer : The main features of the tertiary sectors are: (i) This sector helps in the development of the primary and secondary sectors. (ii) The activities related to this sector do not ... services which are included in the tertiary sectors are transport, storage, communication, banking, trade, etc.

Description : Describe the impact of globalisation on Indian economy with examples. -SST 10th

Last Answer : Impact of Globalisation on Indian Economy: 1.Higher standard of living in urban areas. 2.The impact has not been uniform among producers and investors. 3.There is greater choice before the ... company and call centres. 7.Local companies supply raw materials to foreign industries and have prospered.

Description : Describe the impact of globalization on Indian economy with examples. -SST 10th

Last Answer : 1. Globalisation and greater competition among producers have been of great advantage to the consumers who are now offered a wide variety of choices with low prices in the market particularly the ... example - The Indian Company producing a magazine for the London based company, call centers etc.

Description : Describe the contribution of three sectors in Indian economy. -SST 10th

Last Answer : (i) All the three sectors-primary, secondary and tertiary of economy are interdependent. (ii) The various production activities in the three sectors produce a very large number of goods and services. ... three sectors have a large number of people working in them to produce thee goods and services.

Description : Mention any three points of distinction between formal sector loan and informal sector loan. -SST 10th

Last Answer : Three points of distinction between Formal sector loan and Informal sector loan

Description : Mention three points of difference between formal sector and informal sector loans. -SST 10th

Last Answer : Formal sector loans: (i) Loans from banks and cooperatives. (ii) Under supervision of the Reserve Bank of India. (iii) Reasonable rates of interest. Informal sector loans: (i) Loans from ... friend, traders, etc. (ii) No supervision of any institution. (iii) Very high rates of interest.

Description : In the case of developing country which sector assumes a critical importance in view of the ever increasing needs A. Energy sector C. Energy audit sector B. Energy management sector D. Energy saving sector

Last Answer : Energy sector

Description : One of the criticism levelled against the development strategy in India is that ............ .should have been given greater importance than industry. A. agricultural sector B. private sector C. public sector D. hilly sector

Last Answer : A. agricultural sector

Description : Explain the importance of mixed fertilizers in agricultural sector. 

Last Answer : Importance of mixed fertilizer  The mixed fertilizers typically consist of two or more elements of nitrogen, phosphorous and potassium (NPK) for promoting the nutritional growth of plants and yield ... nutrients Use of mixed fertilizers results in reduction of labor cost as it can easily apply 

Description : Which sector of the economy is state owned and its service sector is a public enterprise? -Do You Know?

Last Answer : answer:

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

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

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

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

Description : Which of the following is the largest sector of Pakistan's Economy? A. Manufecturing B. Agriculture C. Banking D. Industry

Last Answer : ANSWER: B

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

Description : A mixed economy refers to an economic system where - (1) The economy functions with foreign collaboration (2) Only t he private sector operates under government control (3) Both the government and the private sectors operate sectors operate simultaneously (4) No foreign investment is allowed

Last Answer : (3) Both the government and the private sectors operate sectors operate simultaneously Explanation: Mixed economy is an economic system in which both the state and private sector direct the ... and that the government wields indirect influence over the economy through fiscal arid monetary policies.

Description : 'Mixed economy' refers to - (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Last Answer : (4) the co-existence of public as well as private sector Explanation: Mixed economy is an economic system in which both the state and private sector direct the economy, reflecting characteristics of both market economies and planned economies.

Description : "Closed Economy" means : (1) no provision for public sector (2) no provision for private sector (3) economy policy not well defined (4) a country having no imports and exports

Last Answer : (4) a country having no imports and exports Explanation: Closed economy is an economy in which no activity is conducted with outside economies. A closed economy is self-sufficient, meaning that no ... The goal is to provide consumers with everything that they need from within the economy's borders.

Description : Mixed economy is characterised by- a. Private sector b. Public sector c. Co-existence of private and public sector d. None of these

Last Answer : c. Co-existence of private and public sector

Description : What makes India an underdeveloped economy? A. Low Human Development B. High Poverty level C. Dominant Agriculture sector D. All of the above

Last Answer : D. All of the above

Description : An underdeveloped economy is characterized by A. High per capita real income B. Large proportion of labor force in the tertiary sector C. State of deprivation of large proportion of population D. All the above

Last Answer : C. State of deprivation of large proportion of population

Description : An underdeveloped economy is characterized by A. High per capita real income B. Large proportion of labor force in the tertiary sector C. State of deprivation of large proportion of population D. All the above

Last Answer : C. State of deprivation of large proportion of population