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Indian Economy: Growth and Transformation

Social Science · Kerala SSLC (Class 10) · English Medium · 20 questions and answers

Sample questions

Q: What is national income?
A: National income is the total money value of all the goods and services produced by a country during a year.
Q: What is Gross Domestic Product (GDP)?
A: GDP is the total money value of all final goods and services produced within a country during one year.
Q: Into how many sectors is economic activity divided?
A: Economic activity is divided into three sectors — the primary, secondary and tertiary sectors.
Q: What is the primary sector?
A: The primary sector includes activities that produce goods directly from natural resources, such as agriculture, fishing, forestry and mining.
Q: What is the secondary sector?
A: The secondary sector includes activities that make finished goods from raw materials, mainly manufacturing and industry.

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