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Underemployment occurs when

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Important Questions on Sectors of the Indian Economy

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Which sector of the Indian Economy has grown the most over thirty years?
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Tertiary sector has become an important part of Indian economy on account of:
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In an imaginary economy, the monetary value of contributions of the private sector, public sector, primary sector, secondary sector, and tertiary sector is Rs.500, Rs.1000, Rs.10000, Rs.5000 and Rs.7000. The Gross Domestic Product of the economy is:
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Which of the following reflects a situation where a person is employed but do not contribute in adding to the total product?

 I. Open unemployment

II. Disguised unemployment

III. Seasonal unemployment

IV. Frictional unemployment

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The institution calculating National Income in India is
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What is marginal productivity of labour in disguised employment?
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In a village Bhambla, 100 families are living Forty-five families work on their own piece of land, twenty families are involved in dairy farming and thirty five families work in a nearby factory to earn their livelihood. What percentage of Bhambla village depends on the secondary sector?
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Which of the following sector contributes maximum in gross domestic product of India?
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Shruti and Gautami were discussing India’s GDP and Kerala’s SDP. Some of the observations made were:


 I. Kerala’s per capita SDP is India’s GDP divide by Kerala’s population in a particular year.
 II. Since Kerala has best literacy rate and excellent quality of life indices, it must have the highest SDP.
 III. In a federal structure if we know all the SDPs we can have a fair idea of how big India’s GDP will be in that year.
 IV. Kerala’s per capita SDP in a particular year is the value of all final goods and services produced by the Kerala state in that year divided by Kerala’s population in that year.

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The below graph shows the falling share of the agricultural sector towards both GDP and employment. Which one is the correct alternative?

Question Image

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Read the statements below carefully and choose the correct option.

Statement 1: There exists considerable underemployment in agriculture in India.

Statement 2: The erstwhile NITI Aayog is now known as Planning Commission.

Statement 3: MGNREGA 2005 guarantees 100 Days of employment in urban areas.

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Which government agency is responsible for measuring GDP in India? 
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GDP is the total value of what produced during a particular year?
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If the cake is the final product, the intermediate product(s) will be? 
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In which sector, production of goods and services has increased the most in between 1973-74 and 2013-14?
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Indian state and union territories, collect information about the total volume of goods and services and their prices and then estimate the _____ (Per capita income / Gross Domestic Product).
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Mahatma Gandhi National Rural Employment Guarantee Act 2005 (MGNREGA 2005) is an Act made for the business class people.