SECTORS OF THE INDIAN ECONOMY

        

Economics Assignment

Chapter 2: Sectors of the Indian Economy

1. How can the Indian economy be classified 

• Ownership
• Nature of organisation
• Types of economic activities (primary, secondary & tertiary)

1. Define the term

• NSSO (national sample survey organization) It is the organization under the ministry of statistics of the government.It surveys the employment and unemployment of the workers.
• NSO National Statistical Office 
• Why do you think MGNREGA 2005 is referred to as ‘Right to work’?
• MGNREGA Mahatma Gandhi National Rural Employment Guarantee Act or MGNREGA in 2009, is an Indian labour law that aims to guarantee the 'right to work'.
• TISCO tata iron and steel company limited
• RIL reliance industries limited
• Define the following in detail 
• Primary sector
• Secondary sector
• Tertiary sector/service sector

1. Define the term GDP. 
2. Explain the historical change in the proportion of workers in the three sectors of the economy.
3. Explain the rising importance of the tertiary sector in production. (Important question)(max. 5 points)
4. Name the sector which is the largest employing sector. (Primary sector)
5. Name the sector which has the most significant proportion of incoming GDP. (Tertiary sector)
6. What does the history of developed countries indicate about the shifts that have taken place between sectors?
7. Compare and contrast the changes in India with the pattern that was observed for developed countries. What kind of changes between sectors were desired but did not happen in India?
8. Why would you consider Kerala a more      Developed state than Haryana inspite a lower per capita income?
9. What do you understand by the term Underemployment
10. What do you understand by the term Disguised unemployment
11. What do you understand by the term Casual worker
12. How can more employment be created in rural areas? (5marks)
13. Explain the characteristics of the organised sector
14. Explain the characteristics of the Unorganised sector
15. Who are the vulnerable people who need protection in the Rural areas
16. Who are the vulnerable people who need protection in the Urban areasWhy is government intervention needed in various sectors?
17. Why are public services run by the government only ?
18. In what respects is the criteria used by the UNDP for measuring development different from one used by the World Bank?
19. Explain the definition of the Service Sector.. How would income and employment increase if farmers were provided with irrigation and marketing facilities?
20. State a reason why intermediate goods are not considered in the value of final goods.
21. For each of the sectors that we came across in this chapter why should one focus on employment and GDP? Could there be other issues which should be examined? Discuss.
22.  Distinguish between open unemployment and disguised unemployment.
23. “Tertiary sector is not playing any significant role in the development of the Indian economy.” Do you agree? Give reasons in support of your answer.
24. Justify the statement that “Income and employment will increase if farmers are provided irrigation and marketing facilities”.
25. Workers are exploited in the unorganised sector. Do you agree with this view? Give reasons in support of your answer.
26. Give a few examples of public sector activities and explain why the government has taken them up.
27. Explain how public sector contributes to the economic development of a nation
28. “The problem of underemployment is not confined only to agriculture”. Support the statement with examples.
29. Explain any three ways to solve the problem of underemployment.

1.