GVA Growth Rate Agriculture 2023-24

Question

During 2023-24, the GVA growth rate of agriculture and allied sectors was about:

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Question (English)

During 2023-24, the GVA growth rate of agriculture and allied sectors was about:

  1. One per cent
  2. Two per cent ✓ Correct
  3. Four per cent
  4. Six per cent
Explanation:
Correct Answer Explanation

During 2023-24, the GVA growth rate of agriculture and its allied sectors was about two per cent.

Key Points:
  • Agriculture sector has become volatile in recent years.
  • Decline in public investment since 1991 is identified as a major reason for poor growth.
  • Inadequate infrastructure and increasing casualisation of employment further impede rural development.
  • Growing farmer distress is witnessed across different parts of India.
Why Other Options Are Wrong
  • A, C, D: The correct GVA growth rate for 2023-24 was about two per cent.

📚 About this Topic — CH-5: RURAL DEVELOPMENT

This multiple choice question is from CH-5: RURAL DEVELOPMENT, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-5: RURAL DEVELOPMENT to strengthen your preparation.

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