Economy
2020
Basic Economic Terms
Economic Planning India
Employment Trends
UPSC Practice Question

With reference to the Indian economy after the 1991 economic liberalization, consider the following statements:

  1. Worker productivity (₹ per worker at 2004-05 prices) increased in urban areas while it decreased in rural areas.
  2. The percentage share of rural areas in the workforce steadily increased.
  3. In rural areas, the growth in non-farm economy increased.
  4. The growth rate in rural employment decreased. Which of the statements given above is/are correct?
B.3 and 4 only
A.1 and 2 only
C.3 only
D.1, 2 and 4 only