Advertisements
Advertisements
प्रश्न
GDP is the total value of _____________ produced during a particular year.
पर्याय
all goods and services
all final goods and services
all intermediate goods and services
all intermediate and final goods and servicesv
Advertisements
उत्तर
all final goods and services
APPEARS IN
संबंधित प्रश्न
Find the odd one out and say why.
Teacher, doctor, vegetable vendor, lawyer
How is the tertiary sector different from other sectors? Illustrate with a few examples.
Which of the following sectors is the largest employer in India?
Which sector has emerged as the largest producing sector in India? Select one from the following alternatives:
Agriculture, dairy farming are activities belonging to which of the following sectors?
Which one of the following economic activities is not in the tertiary sector?
The service sector includes activities such as ____________.
Manufacturing sector is associated with ____________.
More than half of the workers in the country are working in which of the primary sectors:
Workers in the agricultural sector are:
Growth of cotton plant mainly depends on natural factors such as:
Which of the following sector forms the base for all the other products that we subsequently make:
Primary sector is also called as:
Choose the correct Pair from the following.
Fill in the blank:
| SECTOR | CRITERIA USED |
| Primary, Secondary & Tertiary | Nature of economic activity |
| Organized & Unorganized | ? |
Which one of the following pairs is correctly matched?
Which one of the following sectors contribute highest in the GDP of India?
Read the source given below and answer the questions that follow:
| For comparing countries, their income is considered to be one of the most important attributes. Countries with higher income are more developed than others with less income. This is based on the understanding that more income means more of all things that human beings need. Whatever people like, and should have, they will be able to get with greater income. So, greater income itself is considered to be one important goal. Now, what is the income of a country? Intuitively, the income of the country is the income of all the residents of the country. This gives us the total income of the country. However, for comparison between countries, total income is not such a useful measure. Since, countries have different populations, comparing total income will not tell us what an average person is likely to earn. Are people in one country better off than others in a different country? Hence, we compare the average income which is the total income of the country divided by its total population. The average income is also called per capita income. In World Development Reports, brought out by the World Bank, this criterion is used in classifying countries. Countries with per capita income of US \$ 49,300 per annum and above in 2019, are called high income or rich countries and those with per capita income of US $ 2500 or less are called low-income countries. The rich countries, excluding countries of Middle East and certain other small countries are generally called developed countries. |
- Explain the significance of per capita Income.
- What are the classifications of countries based on per capita income, and which entity is responsible for determining these classifications?"
Read the source given below and answer the questions that follow:
| For comparing countries, their income is considered to be one of the most important attributes. Countries with higher income are more developed than others with less income. This is based on the understanding that more income means more of all things that human beings need. Whatever people like, and should have, they will be able to get with greater income. So, greater income itself is considered to be one important goal. Now, what is the income of a country? Intuitively, the income of the country is the income of all the residents of the country. This gives us the total income of the country. However, for comparison between countries, total income is not such a useful measure. Since, countries have different populations, comparing total income will not tell us what an average person is likely to earn. Are people in one country better off than others in a different country? Hence, we compare the average income which is the total income of the country divided by its total population. The average income is also called per capita income. In World Development Reports, brought out by the World Bank, this criterion is used in classifying countries. Countries with per capita income of US \$ 49,300 per annum and above in 2019, are called high income or rich countries and those with per capita income of US $ 2500 or less are called low-income countries. The rich countries, excluding countries of Middle East and certain other small countries are generally called developed countries. |
What are the classifications of countries based on per capita income, and which entity is responsible for determining these classifications?
