Consider the following statements:
(A) In India since independence the share of the primary sector has been declining while the shares. of the secondary and tertiary sectors have been increasing
(B) This trend shows that Indian economy is passing through the transition from an agricultural to an industrial economy While one of the following is correct?

Related MCQs

• Which of the following gives a correct picture of the share of various sectors in economic growth in India over the years? 1. Primary sector-stagnant 2. Secondary sector-increasing 3. Tertiary sector-decreasing
• With reference to Indian economy, consider the following statements: 1. The Gross Domestic Product (GDP) has increased by four times in the last 10 years. 2. The percentage share of Public Sector in GDP has declined in the last 10 years. Which of the statements given above is/are correct? [IAS 2010]
• Consider the following statements: [IAS 2004] 1. National Thermal Power Corporation has diversitled into hydropower sector 2. Power Grid Corporation of India has diversified into telecom sector Which of the statements given above is/are correct?
• Which of the following sectors does not come under tertiary sector?
• Consider the following statements: [IAS 2004] 1. The National Housing Bank, the apex institution in housing finance in India, was set up as a wholly owned subsidiary of the Reserve Bank of India 2. The Small Industries Development Bank of India was established as a wholly owned subsidiary of the Industrial Development Bank of India Which of the statements given above is/are correct?
• Consider the following statements relating to estimation of National Income : 1. Foreigners working in Indian Embassies are normal residents of India. 2. Foreigners working in the office of WHO, World Bank. UNO etc. located in India are not normal residents of India. 3. Indians working in foreign embassies in India are not normal residents of India. Which of the statements given above is/are correct? [CDS 2010]
• Consider the following statements: Regional disparities in India are high and have been rising in recent years because: 1. There is persistent investment over time only in Select locales 2. Some areas are agro climatically less conducive to development 3. Some are as continue to face little or no aqrarian transformation and the consequent lack of social and economic opportunities 4. Some areas have faced continuous political instability. Which of the above statements are correct?
• In the context of Indian economy, consider the following statements: 1. The growth rate of GDP has – steadily increased in the last five years. 2. The growth rate in per capita income has steadily increased in the last five years. Which of the statements given above is/are correct? [CSAT2011]
• Consider the following statements: 1. Appellate Tribunal for Electricity has been established by each State Government in India. 2. One of the components of the Accelerated Power Development and Reforms Programme (APDRP) is upgradation of sub-transmission and distribution system for electricity in India. Which of the statements given above is/are correct? [IAS 2006]
• Consider the following statements: 1. ICICI Bank is the largest private sector bank in India. 2. Postal life Insurance is the oldest life insurance organization in India. Which of the statements give above is/are correct? [IAS 2005]