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Indian vs Developed Countries: Agriculture Sector GDP Discrepancy
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Indian vs Developed Countries: Agriculture Sector GDP Discrepancy

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Questions and Answers

What is the percentage range of agro-exports to total exports of India?

  • 20-25%
  • 15-20% (correct)
  • 5-10%
  • 10-15%
  • How does a good harvest in India impact economic planning?

  • It has no impact on the Indian economy
  • It improves business conditions for various sectors like transportation and manufacturing (correct)
  • It leads to a collapse of the economic planning
  • It generates additional revenue only for the agriculture sector
  • What role does agriculture play in the government's revenue according to the text?

  • The government derives substantial revenue from land revenue and movement of agricultural goods (correct)
  • Agriculture is irrelevant to the government's revenue
  • Agriculture generates revenue solely for the farmers
  • Agriculture does not contribute to government revenue
  • Which sector is heavily reliant on the agricultural sector for economic development?

    <p>Transportation system, manufacturing sectors, and internal commerce</p> Signup and view all the answers

    What was the condition of Indian agriculture before the first Five Year Plan period according to the text?

    <p>In a hopeless and unacceptable condition</p> Signup and view all the answers

    How does a bad harvest impact India's business climate?

    <p>It causes a total depression in the country's business</p> Signup and view all the answers

    What percentage of India's GDP does the agriculture sector contribute in the financial year 2022-23?

    <p>17-18%</p> Signup and view all the answers

    How does the percentage of the population engaged in agriculture in India compare to that of developed nations like the UK and USA?

    <p>India has more people engaged in agriculture than the UK and USA</p> Signup and view all the answers

    Why is there a constant need for a supply of food in India according to the text?

    <p>To meet the needs of a large population</p> Signup and view all the answers

    What is the significance of the agriculture sector to industries in India according to the text?

    <p>Most industrial income is generated through agricultural-based industries</p> Signup and view all the answers

    Compared to developed nations like France and Australia, what percentage of India's total population is engaged in the agriculture sector?

    <p>45-50%</p> Signup and view all the answers

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