Sectors of Indian Economy by Rakshant Ramesh https://padlet.com/rakshant10/54nm6tmbicupeq0e Source Based Questions (Group-4) en-us 2021-07-27 01:57:32 UTC 2021-07-28 03:20:42 UTC hello@padlet.com 1st Question Answers : rakshant10 https://padlet.com/rakshant10/54nm6tmbicupeq0e/wish/1661597266 1.1 : The government of a country has the ownership of the assets in the public sector.
1.2 : The agricultural sector (Primary) is the largest employer in India.
1.3 : GDP stands for Gross Domestic Product. It is the value of all the final goods and services that are produced in a country within a particular year.
1.4 : Public Sector and Private Sector.
1.5 : The economy is classified on the basis of economic activities into three sectors namely Primary sector, Secondary sector and Tertiary sector.]]> 2021-07-27 02:04:39 UTC https://padlet.com/rakshant10/54nm6tmbicupeq0e/wish/1661597266 2nd Question Answers : rakshant10 https://padlet.com/rakshant10/54nm6tmbicupeq0e/wish/1661603375 2.1 : It is referred to as 'Right to Work' because it guarantees 100days of employment in a year by the government to all those who are able to work.
2.2 : Setting up a dal mill, opening a cold storage, starting or promoting honey collection are some of the ways of creating employment opportunities in rural areas.
2.3 : 100 days of employment are guaranteed under NREGA, 2005.
2.4 : The primary sector continued to be the largest employer even in the year 2000.
2.5 : Tertiary sector]]> 2021-07-27 02:10:03 UTC https://padlet.com/rakshant10/54nm6tmbicupeq0e/wish/1661603375 3rd Question Answers : rakshant10 https://padlet.com/rakshant10/54nm6tmbicupeq0e/wish/1661609285 3.1 : A car sold to a consumer is a final good; components such as a tyre sold to the car manufacturer is an intermediate good.
3.2 : Better jobs for which they are qualified are not available.
3.3 : Underemployment is most prevalent in the primary or agricultural sector
3.4 : Final goods are goods that are ultimately consumed by the consumer rather than used in the production of another good. Intermediate goods are goods used as inputs in the production of final goods and services.
3.5 : A car sold to a consumer is a final good.]]> 2021-07-27 02:15:30 UTC https://padlet.com/rakshant10/54nm6tmbicupeq0e/wish/1661609285 4th Question Answers : rakshant10 https://padlet.com/rakshant10/54nm6tmbicupeq0e/wish/1661622850 4.1 : Tertiary sector
4.2 : Activities from the tertiary sector help in the development of the primary and secondary sectors.
4.3 : Since these activities promote aid services rather than goods, they promote primary and secondary sectors by providing expertise, finance, transportation, advertisement, etc.
4.4 : Transport, storage, communication, banking, trade are some examples of tertiary activities.
4.5 : Since these activities generate services rather than goods, the tertiary sector is also called the
service sector.

]]> 2021-07-27 02:27:12 UTC https://padlet.com/rakshant10/54nm6tmbicupeq0e/wish/1661622850 5th Question Answers : rakshant10 https://padlet.com/rakshant10/54nm6tmbicupeq0e/wish/1661791715 5.1 : Government raises money through taxes and other ways to meet expenses on the services rendered by it.
5.2 : The government in India buys wheat and rice from farmers at a fair price.
5.3 : They are at a lower price to consumers through ration shops.
5.4 : Running proper schools and providing quality education, health and education facilities for all are some of the duties of the government.
5.5 : Some aspects of human development such as availability of safe drinking water, housing facilities for the poor and food and nutrition, taking care of the poorest and most ignored regions of the country.

]]> 2021-07-27 05:12:21 UTC https://padlet.com/rakshant10/54nm6tmbicupeq0e/wish/1661791715 6th Question Answers : rakshant10 https://padlet.com/rakshant10/54nm6tmbicupeq0e/wish/1661850485 6.1 : The secondary sector covers activities in which natural products are changed into other forms through ways of manufacturing.
6.2 : it is usually known as the manufacturing sector.
6.3 : Using cotton Fiber from the plant, we spin yarn and weave cloth.
6.4 : The employment rate is in equilibrium as a specialized set of skills is required to find employment in this sector.
6.5 : This sector transforms one good into another by creating more utility from it.]]> 2021-07-27 06:22:26 UTC https://padlet.com/rakshant10/54nm6tmbicupeq0e/wish/1661850485