Q4. In the context of Indian economy, consider the following statements: 1. The growth rate of GDP has steadily increased in the last five years. 2. The growth rate in per capita income has steadily increased in the last five years. Which of the statements given above is/are correct?

With reference to Indian economy, consider the following statements: 1. The rate of growth of Real Gross Domestic Product has steadily increased in the last dec

Consider the following statements: 1. Tax revenue as a percent of GDP of India has steadily increased in the last decade. 2. Fiscal deficit as a percent of GDP

With reference to Indian economy, consider the following statements: 1. The Gross Domestic Product (GDP) has increased by four times in the last 10 years. 2. Th

With reference to the Indian economy after the 1991 economic liberalisation, consider the following statements: 1. Worker productivity (rupees per worker at 200

Which of the following pairs about India’s economic indicator and agricultural production (all in rounded figures) are correctly matched? 1. GDP per capita (cur

A decrease in tax to GDP ratio of a country indicates which of the following? 1. Slowing economic growth rate 2. Less equitable distribution of national income

Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R): Assertion (A) : Though India’s national income has gone up s

Consider the following statements: 1. In the last five years, Indian software exports have increased at a compound annual growth rate of about 60% 2. The softwa

With reference to the cultivation of Kharif crops in which in the last five years, consider the following statements : 1. Area under rice cultivation is the hig

With reference to the sectors of the Indian economy, consider the following pairs: | Economic activity | Sector | | :--- | :--- | | 1. Storage of agr

With reference to physical capital in Indian economy, consider the following pairs: | Items | Category | | :--- | :--- | | 1. Farmer’s plough | Worki

Increase in absolute and per capita real GNP does not connote a higher level of economic development, if: (a) industrial output fails to keep pace wit

Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India

Consider the following states: 1. Gujarat 2. Karnataka 3. Maharashtra 4. Tamil Nadu The descending order of these states with reference to their level

Assertion (A): India’s software exports increased at an average growth rate of 50% since 1995-96. Reason (R) : Indian software companies were cost-eff

The most appropriate measure of economic growth is its: (a) Gross Domestic Product of a country’s (b) Net Domestic Product (c) Net National Product (d

The term National Income represents: (a) gross national product at market prices minus depreciation (b) gross national product at market prices minus