Agriculture Growth Rate After Reforms
After the initiation of reforms, the growth rate of agriculture sector decelerated to about ____ per cent per annum during 1991-2012.
- 1 per cent
- 3 per cent — Correct Answer
- 5 per cent
- 7 per cent
Explanation:
Correct Answer Explanation
After the initiation of reforms, the growth rate of agriculture sector decelerated to about 3 per cent per annum during 1991-2012, which was lower than the earlier years.
Key Points:
- Scholars identify decline in public investment since 1991 as the major reason.
- In recent years, the sector has become volatile.
- During 2023-24, GVA growth rate of agriculture was about two per cent.
- Inadequate infrastructure and lack of alternate employment further impede rural development.
Why Other Options Are Wrong
- A, C, D: The correct decelerated growth rate was about 3 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.