SSC Economics Sample Paper NCERT Sample Paper-7

  • question_answer
    Which of the following (s) is/are true about performance of 11th Five year Plan?
    1. It accelerated the agricultural growth significantly.
    2. It lowered down the poverty at much faster rate.
    3. Real wages in agriculture have shown northward trend.
    4. It achieved an overall growth rate of 7.9 percent. Select the correct answer using the codes given below:

    A)  1 and 4 only    

    B)  1, 2, and 3 only

    C)  2 and 3 only    

    D)  All of the above

    Correct Answer: D

    Solution :

    [d] India has recorded an average annual economic growth rate of 8 per cent during the 11th Five Year Plan (2007-12) compared to targeted 9 per cent. The shortfall in achievement of (various growth targets) can be attributed both to internal and external factors viz. global slowdown, fluctuations in international prices, strong inflationary pressures and negative growth in agriculture due to drought like situation. The farm sector grew at an average rate of 3.7 percent as against 4 per cent targeted in the five year policy period. Services sector grew at an average rate of 9.7 percent per annum compared to the targeted 9-11 percent in the five year period.

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