Economics
GDP is the total value of …………… produced during a particular year.
- all goods and services
- all final goods and services
- all intermediate goods and services
- all intermediate and final goods and services
Related Questions
The sectors are classified into public and private sector on the basis of:
- employment conditions
- the nature of economic activity
- ownership of enterprises
- number of workers employed in the enterprise
Production of a commodity, mostly through the natural process, is an activity in …………… sector.
- primary
- secondary
- tertiary
- information technology
In terms of GDP the share of tertiary sector in 2013-14 is between …………… per cent.
- 20 to 30
- 30 to 40
- 50 to 60
- 60 to 70
Match the following:
Problems faced by farming sector Some possible measures 1. Unirrigated land (a) Setting up agro-based mills 2. Low prices for crops (b) Cooperative marketing societies 3. Debt burden (c) Procurement of food grains by government 4. No job in the off season (d) Construction of canals by the government 5. Compelled to sell their grains to the local traders soon after harvest (e) Banks to provide credit with low interest