Agriculture Growth Rate After Reforms

Question

After the initiation of reforms, the growth rate of agriculture sector decelerated to about ____ per cent per annum during 1991-2012.

Select an answer

After the initiation of reforms, the growth rate of agriculture sector decelerated to about ____ per cent per annum during 1991-2012.

  1. 1 per cent
  2. 3 per cent — Correct Answer
  3. 5 per cent
  4. 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.

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