7. State whether the following
“World Bank is also known as International Bank for Registration
Delimitation (IBRD).”
OR
Define Marketed Surplus.
B. Compare and analyse the given data of India and China, with valid re
Country
Annual Growth rate Gender Ratio (Per
of population (2015) thousand males)
India
1.2%
929
China
0.5%
941
Source: World Development Indicators, 2015.
"Rapid increase in economic growth surely trickles down to t
under the absolutely poor category.”
Defend or refute the given statement with valid argument.
OR
Answers
Answer:
The history of agriculture in India dates back to Indus Valley Civilization.[1] India ranks second worldwide in farm outputs. As per 2018, agriculture employed more than 50℅ of the Indian work force and contributed 17–18% to country's GDP.[2] According to latest report, agriculture is primary source of livelihood for 58% population in India[3]
In 2016, agriculture and allied sectors like animal husbandry, forestry and fisheries accounted for 15.4% of the GDP (gross domestic product) with about 31% of the workforce in 2014.[4][5][6] India ranks first in the world with highest net cropped area followed by US and China.[7] The economic contribution of agriculture to India's GDP is steadily declining with the country's broad-based economic growth. Still, agriculture is demographically the broadest economic sector and plays a significant role in the overall socio-economic fabric of India. India exported $38 billion worth of agricultural products in 2013, making it the seventh largest agricultural exporter worldwide and the sixth largest net exporter.[8] Most of its agriculture exports serve developing and least developed nations.[8] Indian