Advertisements
Advertisements
Question
Fill in the blank:
| SECTOR | CRITERIA USED |
| Primary, Secondary & Tertiary | Nature of economic activity |
| Organized & Unorganized | ? |
Options
Nature of Employment activities
Nature of Social activities
Nature of Production activities
Nature of Political activities
Solution
Nature of Employment activities
Explanation:
Organized and unorganised sectors are two ways of categorizing economic employment activity.
APPEARS IN
RELATED QUESTIONS
Find the odd one out and say why.
Tourist guide, dhobi, tailor, potter
Which of the following activities does not belong to the primary sector?
Which sector has emerged as the largest producing sector in India? Select one from the following alternatives:
Manufacturing sector is associated with ____________.
Primary sector is related to:
Who carries economic activities?
Identify the natural product from the list of items given below:
Which among the following was the largest employer in the year 2003?
Workers in the agricultural sector are:
Growth of cotton plant mainly depends on natural factors such as:
Good produced by exploiting natural resources belong which of the following sectors:
Which of the following sector forms the base for all the other products that we subsequently make:
Primary sector is also called as:
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?"
