GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Synthetic products
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Involved machines
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Natural products
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Mixed products
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Detailed explanation-1: -During the initial stages of development, primary sector was the most important sector of economic activity. As the methods of farming changed and the agricultural sector began to prosper, it produced much more food than before, many people could now take up other activities and this gave rise to the service sector.
Detailed explanation-2: -The government of India had introduced various institutional and technological reforms to improve agriculture in 1980s and 1990s.
Detailed explanation-3: -Agriculture is the most significant source of income for the central and state governments. The government of the country has substantial revenue from rising land revenue. Also, the movement of agricultural goods helps generate revenue for the Indian railways, which helps the government in revenue generation.
Detailed explanation-4: -1. China. China has 7% of the arable land and with that, they feed 22% of the world’s population.