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Q.12 In 2002, out of a total of 700 employees of a factory, 475 employees were skilled. The
number of women employed was 450 of which 175 were unskilled. In 2007, the
number of skilled employees decreased to 360 of which 120 were men. On the other
hand, the number of unskilled employees fell down to 190 of which 80 were women.
Tabulate the given information and give a suitable title.

Answer 1

Answer:

The method of calculating india gdp is the expenditure method, is, gdp= consumption + investment + (government spending) + (exports-imports) and the formula is gdp = c + i+ g + (x-m)where,“c” stands forconsumption includes personal expenditures pertaining to food, households, medical expenses, rent, etc“i” stands forbusiness investment as capital includes constructionof a new mine, purchase of and equipment for a factory, purchase of software, expenditure on new houses, buying goods and services but investments on financial products is not included as it falls under savings“g” stands forthe total governmentexpenditures on final goods and services includes investment expenditure by the government, purchase of weapons for the military, and salaries of public servants“x” stands forgross exports includes all goods and services produced for overseas consumption“m” stands forgross imports includes any goods or services imported for consumption and it should be deducted to prevent from calculating foreign supply as domestic supplypoints to remember calculating gdpcalculating india gdp has to be donecautiously pertaining to the diversityof the indian economy.there are different sectors contributing to the gdp in india suchas agriculture, textile, manufacturing, information technology, telecommunication, petroleum, etc.the different sectors contributing to the india gdp are classified into three segments, such as primary or agriculture sector, secondary sector or manufacturing sector, and tertiary or service sector.with the introduction of the digital era, indian economy has huge scopes in the future to become one of the leading economies in the world.india has become one of the most favored destinations for outsourcingactivities.india at present is one of the biggestexporter of skilled labor to different countriesthe new sectors such as pharmaceuticals, nanotechnology, biotechnology, telecommunication, aviation, manufacturing, , and tourism would experience very rate of growth