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Which of the following trends were seen in the Indian agriculture sector post-1991 economic reforms?
1. The share of the agriculture sector in the gross domestic product has declined.
2. Public investment in the agriculture sector has increased.
Select the correct answer using the code given below.
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Which of the following trends were seen in the Indian agriculture sec...
Indian agriculture sector post-1991 economic reforms:
  • Post-1991, India witnessed a rapid growth in GDP on a continual basis for two decades.
  • The growth of GDP increased from 5.6 per cent during 1980-91 to 8.2 per cent during 2007-12.
  • The growth in GVA (gross value added) of agriculture and allied sectors has been fluctuating over time.
  • The growth of agriculture has come down from 3.62% in 1990-91 to 1.97% by 2004-05 and the share of agriculture in the gross domestic product has registered a steady decline from over 30 per cent in 1990-91 to 18.5 per cent in 2006-07. Hence, statement 1 is correct.
  • Reforms have not been able to benefit agriculture.
  • Public investment in the agriculture sector especially in infrastructure, which includes irrigation, power, roads, market linkages and research and extension (which played a crucial role in the Green Revolution), has fallen. Hence, statement 2 is not correct.
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Which of the following trends were seen in the Indian agriculture sector post-1991 economic reforms?1. The share of the agriculture sector in the gross domestic product has declined.2. Public investment in the agriculture sector has increased.Select the correct answer using the code given below.a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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