If the share of manufacturing in GDP rises while agriculture falls, it usually indicates a move towards A Deindustrialisation phase
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Chapter 12: Indian Economy (Industry) (Set-3)
When an economy shifts from consumer goods dominance to more capital goods production, it mainly indicates A Service sector boom
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In national accounts, the industrial sector mainly includes manufacturing, construction, and A Crop farming B Household services C Government lawmaking
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In economics, an “industry” mainly refers to activities that A Extract raw materials B Produce goods and services C Provide
Continue readingChapter 11: Indian Economy (Agriculture) (Set-5)
In farm economics, “marketable surplus” can be higher than “marketed surplus” mainly when farmers A Store for future use B
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In agriculture, “yield” is most correctly understood as the output produced per A Farmer’s family size B Hectare of land
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In the Indian economy, agriculture is best understood as a sector that includes crop cultivation along with A Banking services
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In rural India, a major reason agriculture is still central is because it A Controls sea trade B Builds city
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In India, agriculture is most directly linked with ensuring A Faster urbanization B Space research C Luxury demand D Food
Continue readingChapter 10: Indian Economy (Structure and Features) (Set-5)
If India’s working-age share rises but the share of regular salaried jobs stays low, the clearest implication is A Dividend
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