Tag: economics

The year 1921 is called a Great Divide in the demographic history of India because it is the only census year when there was decline{decrease} in growth of population. After 1921, there has been a trend of continuous rise in population.

Demographic Transition is a model which is used to represent the movement of high birth and death rates to low birth and death rates. This transition takes place when a country develops from a pre-industrial to an industrialized economic system. India is in this second stage of demographic transition.

Thus, the correct answer is C.

Transportation assists in transferring of goods and persons from place to place. Thus, it creates a utility of place. This has considerably contributed to the development of the economy and also led to social, political and cultural unification. In this way, the transport sector has contributed significantly to India's GDP, employment and also FDI inflows.

Thus, the correct answer is A.

The United States of America is a union of fifty states in North America. It is the world's third-largest economy. It is a mixed economy. That means it operates as a free market economy in consumer goods and business services.

India was ranked at 39th position in the Global Competitiveness Report (GCR) 2016-2017. Global Competitiveness Report is published by the World Economic Forum once a year. It helps to analyze the sustainable current and medium level possibility of economic growth and development.

In the World Banks Ease of doing Business Ranking 2015 India is placed at the 142 place out of the total 189 economies.A high ease of doing business can be defined as a situation where ranking the regulatory environment is more conducive to the starting and operation of a local firm.

NSSO stands for National Sample Survey Organization. It helps to conduct socio-economic surveys. This organization is under the Ministry of statistics of the government of India. It was established in the year of 1950.

India is termed as a Developing Economy because of its initiative for determined planned economic development. India aims to achieve a greater economic growth and development.

India is a Developing Economy- this is the correct statement. India is termed as a Developing Economy because of its initiative for determined planned economic development. India aims to achieve a greater economic growth and development.

India is termed as a Developing Economy because of its initiative for determined planned economic development.India aims to achieve a greater economic growth and development.