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CBSE
Class 10
Social Science
Understanding Economic Develop...
SECTORS OF THE INDIAN ECONOMY
Question Bank

Define Gross Domestic Product ...

Single Answer MCQ
Q-00002687

Define Gross Domestic Product (GDP) and its significance.

1

Total value of goods and services produced within a country in a year

2

Total income of a country's residents

3

Total value of exports minus imports

4

Total government expenditure

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Chapters related to "Class X"

DEVELOPMENT

DEVELOPMENT

Development explores the concept of progress and improvement in various sectors, emphasizing sustainable and inclusive growth for societal well-being.

MONEY AND CREDIT

MONEY AND CREDIT

Explore the concepts of money, its role in the economy, and the functioning of credit systems in this chapter.

GLOBALISATION AND THE INDIAN ECONOMY

GLOBALISATION AND THE INDIAN ECONOMY

This chapter explores the impact of globalisation on the Indian economy, including trade, investment, and the integration of markets worldwide.

CONSUMER RIGHTS

CONSUMER RIGHTS

This chapter educates students about the rights and responsibilities of consumers, the importance of consumer awareness, and the mechanisms for consumer protection in India.

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How can economic activities be grouped or classified?

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Explain the changing roles of sectors in the Indian economy.

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

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

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

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How can workers in the unorganised sector be protected?

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

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What is the role of credit in economic development?

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SECTORS OF THE INDIAN ECONOMY Summary, Important Questions & Solutions | All Subjects

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