GNP equals

(a)

NNP adjusted for inflation

(b)

GDP adjusted for inflation

(c)

GDP plus net property income from abroad

(d)

NNP plus net property income or abroad

Primary sector consist of

(a)

Agriculture

(b)

Automobiles

(c)

Trade

(d)

Banking

India’s life expectancy at birth is ______ years.

(a)

65

(b)

60

(c)

70

(d)

55

Which one is a trade policy?

(a)

irrigation policy

(b)

import and export policy

(c)

land-reform policy

(d)

wage policy

Indian economy is

(a)

Developing Economy

(b)

Emerging Economy

(c)

Dual Economy

(d)

All the above

What is per capita income?

Write the sectorwise Indian GDP composition in 2017.

What are the factors supporting to develop the Indian economy?

_____ sector is the growth engine of Indian economy.

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SME

India is _____ largest economy of the world.

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Sixth

India is _____ fastest growing nation of the world.

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Fifth

_____ policy envisages rapid industrialization with modernization for attaining rapid economic growth of GDP.

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Industrial

Briefly explain various terms associated with measuring of national income.

What are the methods of calculating Gross Domestic Product? Explain it.

Write any five differences between the growth and development.