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As the Indian economy develops, the share of agriculture in the GDP has been on decline, touching around 18% now. Still agriculture is an important in the economy of the country because

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As the Indian economy develops, the share of agriculture in the GDP has been on decline, touching around 18% now. Still agriculture is an important in the economy of the country because A. India has traditionally been an agricultural economy B. agriculture produces raw material for industries C. agriculture sector is heavily subsidised D. it employs more than 50% of the people directly Check Answer Complaint Here As Incorrect Question / Answer

Related Questions The importance of agriculture in Indian economy is indicated by its contribution to which of the following ? A. National income and employment B. Industrial development and international trade C. Supply of foodgrains D. All of the above Check Answer Complaint Here As Incorrect Question / Answer For the 1st Time in Indian Economy history, as per the data released by the World Bank in Washington on 2 July 2015, Indian economy crossed which landmark figure during 2014? A. $10-trillion mark B. $5-trillion mark C. $1-trillion mark D. $2-trillion mark Check Answer Complaint Here As Incorrect Question / Answer In a perfectly competitive economy production and consumption will both be Pareto optimal, if the economy operates at a point where. A. there is general equilibrium B. output levels are below equilibrium C. output levels are above equilibrium D. consumption is less than output Check Answer Complaint Here As Incorrect Question / Answer What is the name of the Indian-American professor who has been named as the 2015 Global Confederation for Higher Education Associations for Agriculture and Life Sciences World Agriculture Prize laureate in June 2015? A. Professor R Singh B. Professor R Paul Singh C. Professor R R Singh D. Professor Srinivas Singh Check Answer Complaint Here As Incorrect Question / Answer Why has the share of agriculture in the national output declined from 57% (1959-51) to less than 20% today? Because A. the gross cropped area has decreased as a result of urbanization B. the share of other sectors has increased reducing the weightage for agriculture C. there has been a decline in productivity in agriculture D. liberalisation has led to large scale import of agricultural products Check Answer Complaint Here As Incorrect Question / Answer

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