Question Bank: SECTORS OF THE INDIAN ECONOMY

How can economic activities be grouped or classified?

Define Gross Domestic Product (GDP) and its significance.

Explain the changing roles of sectors in the Indian economy.

How can a person's activity be classified into primary, secondary, or tertiary sectors?

Discuss the importance of the service sector in the Indian economy.

What are the problems caused by changes in the roles of sectors?

How can the government address the issue of unemployment?

What is the significance of the organised and unorganised sectors in the economy?

How can workers in the unorganised sector be protected?

Where is the GDP data used in the chapter sourced from?

What is the role of credit in economic development?

How does the production of cars by Ford Motors in India lead to interlinking of production?

How would flexibility in labour laws benefit companies?

Calculate the share of the three sectors in GDP for the years 2000 and 2013.

Interpret the data on GDP by the primary, secondary, and tertiary sectors using a bar diagram.

Why might banks be unwilling to lend to small farmers in India?

What are the sources from which small farmers can borrow besides banks?

Explain with an example how the terms of credit can be unfavourable for small farmers.

Suggest ways in which small farmers can access cheap credit.

What should be the developmental goals for an area with high-rise buildings surrounded by slums?

Discuss the relevance of the statement, 'The Earth has enough resources to meet the needs of all but not enough to satisfy the greed of even one person,' in the context of development.

Do you agree that the tertiary sector is not playing a significant role in the development of the Indian economy? Provide reasons for your answer.

How can employment be increased in urban areas?

Define disguised unemployment and provide examples from urban and rural areas.