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On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interesting perspective on the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the least volatile sector. Growth is particularly marked in public services, IT and financial services.
In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasn't followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.
Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.
According to the passage, which of the following is/ are true about the impact of increasing population on Indian economy?
A. If India attempts to absorb all the labour force, it will impact the growth of service sector negatively and in turn hamper the economic growth of the country.
B. As the population of the country increases, the number of dependants in the country also increase which in turn increases the pressure on the economy.
C. An increasing population can never lead the economy of the country towards prosperity; in fact it can only put strain on the economy of a country.
  • a)
    Only B
  • b)
    Only C
  • c)
    B and C
  • d)
    A and C
  • e)
    All of these
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
On attending a conference, which focused on the role of the services s...
According to the passage, 'as the population of the country increases, the number of dependants in the country also increase which in turn increases the pressure on the economy' 'is true about the impact of increasing population on Indian economy.
Hence option A is correct
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Most Upvoted Answer
On attending a conference, which focused on the role of the services s...
Understanding the Impact of Increasing Population on the Indian Economy
The increasing population of India has various implications for its economy. Let’s analyze the statements in the context of the provided passage.
Statement A: Impact on Service Sector Growth
- The statement implies that absorbing the entire labor force could negatively affect the growth of the service sector.
- While a large labor force is beneficial, if not managed properly, it could lead to an oversupply of labor, resulting in unemployment or underemployment. This could then reduce consumer spending, negatively impacting service sector growth.
Statement B: Increase in Dependents
- This statement highlights that as the population grows, the number of dependents also increases.
- This is accurate and aligns with the passage, which mentions the concern regarding the rising number of dependents in both lower and higher age groups, putting additional pressure on the economy.
Statement C: Population and Economic Prosperity
- The statement claims that an increasing population can never lead to prosperity.
- While high population growth can strain resources, it does not inherently mean that prosperity is unattainable. It depends on how well the economy adapts through investments and infrastructure development.
Conclusion
Given the analysis, the correct answer is:
Option a) Only B
- Statement B is true as it reflects the pressure on the economy due to an increasing number of dependents.
- Statement A, while partially true, does not definitively state that the service sector will be negatively impacted by labor absorption.
- Statement C is overly absolute and does not consider potential positive outcomes.
Therefore, only statement B accurately reflects the passage’s insights on the impact of increasing population on the Indian economy.
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On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interestingperspectiveon the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the leastvolatilesector. Growth is particularly marked in public services, IT and financial services.In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasnt followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.According to the passage, which of the following can be said about the agriculture and industry sectors in India?A. Looking at the growth of the services sector in India it can be safely said that the service sector will soon be in a position to support both agriculture and industry sector.B. The agriculture and the industrial sector of the country have reached their threshold and there would be no use of further investment in these sectors.C. Currently, the agriculture and industry sectors contribute lesser as compared to service sector to the GDP of the country.

On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interestingperspectiveon the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the leastvolatilesector. Growth is particularly marked in public services, IT and financial services.In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasnt followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.Which of the following is true as per the passage?

On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interestingperspectiveon the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the leastvolatilesector. Growth is particularly marked in public services, IT and financial services.In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasnt followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.What does the author mean by the statement, ... a growth window for India will open?

On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interestingperspectiveon the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the leastvolatilesector. Growth is particularly marked in public services, IT and financial services.In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasnt followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.According to the author, which of the following can be said about the growth of service sector in India?

On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interestingperspectiveon the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the leastvolatilesector. Growth is particularly marked in public services, IT and financial services.In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasnt followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.What does the author mean by the statement, to change the bad sectors to good sectors.?

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On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interestingperspectiveon the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the leastvolatilesector. Growth is particularly marked in public services, IT and financial services.In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasnt followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.According to the passage, which of the following is/ are true about the impact of increasing population on Indian economy?A. If India attempts to absorb all the labour force, it will impact the growth of service sector negatively and in turn hamper the economic growth of the country.B. As the population of the country increases, the number of dependants in the country also increase which in turn increases the pressure on the economy.C. An increasing population can never lead the economy of the country towards prosperity; in fact it can only put strain on the economy of a country.a)Only Bb)Only Cc)B and Cd)A and Ce)All of theseCorrect answer is option 'A'. Can you explain this answer?
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On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interestingperspectiveon the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the leastvolatilesector. Growth is particularly marked in public services, IT and financial services.In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasnt followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.According to the passage, which of the following is/ are true about the impact of increasing population on Indian economy?A. If India attempts to absorb all the labour force, it will impact the growth of service sector negatively and in turn hamper the economic growth of the country.B. As the population of the country increases, the number of dependants in the country also increase which in turn increases the pressure on the economy.C. An increasing population can never lead the economy of the country towards prosperity; in fact it can only put strain on the economy of a country.a)Only Bb)Only Cc)B and Cd)A and Ce)All of theseCorrect answer is option 'A'. Can you explain this answer? for EmSAT Achieve 2025 is part of EmSAT Achieve preparation. The Question and answers have been prepared according to the EmSAT Achieve exam syllabus. Information about On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interestingperspectiveon the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the leastvolatilesector. Growth is particularly marked in public services, IT and financial services.In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasnt followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.According to the passage, which of the following is/ are true about the impact of increasing population on Indian economy?A. If India attempts to absorb all the labour force, it will impact the growth of service sector negatively and in turn hamper the economic growth of the country.B. As the population of the country increases, the number of dependants in the country also increase which in turn increases the pressure on the economy.C. An increasing population can never lead the economy of the country towards prosperity; in fact it can only put strain on the economy of a country.a)Only Bb)Only Cc)B and Cd)A and Ce)All of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for EmSAT Achieve 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interestingperspectiveon the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the leastvolatilesector. Growth is particularly marked in public services, IT and financial services.In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasnt followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.According to the passage, which of the following is/ are true about the impact of increasing population on Indian economy?A. If India attempts to absorb all the labour force, it will impact the growth of service sector negatively and in turn hamper the economic growth of the country.B. As the population of the country increases, the number of dependants in the country also increase which in turn increases the pressure on the economy.C. An increasing population can never lead the economy of the country towards prosperity; in fact it can only put strain on the economy of a country.a)Only Bb)Only Cc)B and Cd)A and Ce)All of theseCorrect answer is option 'A'. Can you explain this answer?.
Solutions for On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interestingperspectiveon the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the leastvolatilesector. Growth is particularly marked in public services, IT and financial services.In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasnt followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.According to the passage, which of the following is/ are true about the impact of increasing population on Indian economy?A. If India attempts to absorb all the labour force, it will impact the growth of service sector negatively and in turn hamper the economic growth of the country.B. As the population of the country increases, the number of dependants in the country also increase which in turn increases the pressure on the economy.C. An increasing population can never lead the economy of the country towards prosperity; in fact it can only put strain on the economy of a country.a)Only Bb)Only Cc)B and Cd)A and Ce)All of theseCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for EmSAT Achieve. Download more important topics, notes, lectures and mock test series for EmSAT Achieve Exam by signing up for free.
Here you can find the meaning of On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interestingperspectiveon the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the leastvolatilesector. Growth is particularly marked in public services, IT and financial services.In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasnt followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.According to the passage, which of the following is/ are true about the impact of increasing population on Indian economy?A. If India attempts to absorb all the labour force, it will impact the growth of service sector negatively and in turn hamper the economic growth of the country.B. As the population of the country increases, the number of dependants in the country also increase which in turn increases the pressure on the economy.C. An increasing population can never lead the economy of the country towards prosperity; in fact it can only put strain on the economy of a country.a)Only Bb)Only Cc)B and Cd)A and Ce)All of theseCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interestingperspectiveon the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the leastvolatilesector. Growth is particularly marked in public services, IT and financial services.In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasnt followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.According to the passage, which of the following is/ are true about the impact of increasing population on Indian economy?A. If India attempts to absorb all the labour force, it will impact the growth of service sector negatively and in turn hamper the economic growth of the country.B. As the population of the country increases, the number of dependants in the country also increase which in turn increases the pressure on the economy.C. An increasing population can never lead the economy of the country towards prosperity; in fact it can only put strain on the economy of a country.a)Only Bb)Only Cc)B and Cd)A and Ce)All of theseCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interestingperspectiveon the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the leastvolatilesector. Growth is particularly marked in public services, IT and financial services.In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasnt followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.According to the passage, which of the following is/ are true about the impact of increasing population on Indian economy?A. If India attempts to absorb all the labour force, it will impact the growth of service sector negatively and in turn hamper the economic growth of the country.B. As the population of the country increases, the number of dependants in the country also increase which in turn increases the pressure on the economy.C. An increasing population can never lead the economy of the country towards prosperity; in fact it can only put strain on the economy of a country.a)Only Bb)Only Cc)B and Cd)A and Ce)All of theseCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interestingperspectiveon the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the leastvolatilesector. Growth is particularly marked in public services, IT and financial services.In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasnt followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.According to the passage, which of the following is/ are true about the impact of increasing population on Indian economy?A. If India attempts to absorb all the labour force, it will impact the growth of service sector negatively and in turn hamper the economic growth of the country.B. As the population of the country increases, the number of dependants in the country also increase which in turn increases the pressure on the economy.C. An increasing population can never lead the economy of the country towards prosperity; in fact it can only put strain on the economy of a country.a)Only Bb)Only Cc)B and Cd)A and Ce)All of theseCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice On attending a conference, which focused on the role of the services sector in Indian economy I was amazed. The conference gave a very interestingperspectiveon the role of the service sector in the growth of Indian economy in relation to growth rates in agriculture and industry. The current situation in India is that the growth rate of services has overtaken both agriculture and industry and is now contributing to more than 50% of GDP. The service sector has the highest growth rate and is the leastvolatilesector. Growth is particularly marked in public services, IT and financial services.In some areas, the growth rate of the service sector is 40-50% due to increased use of mobile technologies. India, therefore has, a service-oriented economy. It hasnt followed traditional growth models as in China. However, in the process of doing so it has skipped the manufacturing stage and has jumped straight from the agriculture stage to service stage, which is also the main reason for the expansion of the service sector. In fact, the situation now is such that the growth in the service sector can and will support in the agriculture and industrial sectors. However, the only setback for Indian economy is the lack of growth in the manufacturing sector which causes dependence on other countries, which is not so desirable in terms of job creation and increased prosperity.Population is also a major concern of the Indian economy. As the population of India grows so also does the number of dependents in the population in both the lower and higher age groups. In such a scenario of increasing population, especially in an economy which still recovering from crisis, growth becomes difficult. For such an economy to grow it has to invest. Currently, the public sector invests more than it saves. The household sector saves in surplus, but it is not increasing so it cannot continue to support private and public sectors. There is a massive need to spend on agriculture and infrastructure development of the country. Apart from that health and education should also be the priority of the government particularly the education of women in order to reduce the birth rate.According to the passage, which of the following is/ are true about the impact of increasing population on Indian economy?A. If India attempts to absorb all the labour force, it will impact the growth of service sector negatively and in turn hamper the economic growth of the country.B. As the population of the country increases, the number of dependants in the country also increase which in turn increases the pressure on the economy.C. An increasing population can never lead the economy of the country towards prosperity; in fact it can only put strain on the economy of a country.a)Only Bb)Only Cc)B and Cd)A and Ce)All of theseCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice EmSAT Achieve tests.
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