E 2 Sector Of Indian Economy Flashcards
What is GDP who is responsible for collecting data for GDP in India
It is the value of final goods and services produced with in a country during a given time period in India GDP measuring is taken by central government ministry
What is this guys the employment or under employment
It is a situation in which more workers are working in an activity then required the people who are actually engaged in such activity appear to be employed but are not fully employed this type of unemployment is basically found in agriculture
Difference between organised and unorganised sector
Organised sector is registered by government where as unorganised sector is not registered by government
in organised sector terms of employment are regular
in organised sector it is governed by various laws such as Factories Act minimum wages Act at sector
organised sector includes banks Hospital school at sector unorganised sector includes large number of people who are working on the role for small jobs
What are objectives of MGNREGA 2005
This game targets SC ST and poor woman who suffer from poverty this came guarantees 100 days of wagee employment in a year to every rural household in the country under the scheme Gram Panchayat after proper verification will registered the households in case active fail to provide work and unemployment allowance would be payable
Difference between public and private sector
Public sector is controlled by government private sector is controlled by individual group of individuals
main aim of public sector is public welfare may name of private sector is to earn maximum profits
public sector provide basic facilities like education health food and security acceptor private sector mein aur may not provide
example of public sector is Indian Railway post office BSNL example of private sector Reliance Disco etc
Why is tertiary sector becoming so important in India give four reasons long question answer
Basic services in any country basic services like education health banking etc are required
development of means of transport and communication
more income more services
new and luxurious services
How can the workers in unorganised sectors reproducted
Government confix minimum wage rate government can provide cheaper loans to self employee people government can provide cheap and affordable basic services government can frame new laws
