Q11 of 19 Page 34

What is sectoral composition of an economy? Is it necessary that the service sector should contribute maximum to GDP of an economy? Comment.

Sectoral composition of an economy means the contribution of each sector in the GDP of the country. Countries having maximum contribution from the service sector in their GDP are economically developed.


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Does modernisation as a planning objective create contradiction in the light of employment generation? Explain.

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Why was it necessary for a developing country like India to follow self-reliance as a planning objective?

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Why was public sector given a leading role in industrial development during the planning period?

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Explain the statement that green revolution enabled the government to procure sufficient food grains to build its stocks that could be used during times of shortage.