Chapter 10 ECONOMICS : Economy of Andhra Pradesh — Online MCQ Test
ECONOMICS · CLASS 12 INTER II YEAR · Andhra State Board
Practice Chapter 10 ECONOMICS : Economy of Andhra Pradesh with a free chapter-wise online MCQ test.
This chapter covers: The final chapter details Andhra Pradesh state income sectoral contribution agricultural industrial growth service sector development and government welfare initiatives..
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Chapter 10 ECONOMICS : Economy of Andhra Pradesh — Important Questions & Answers
Which sector is considered the backbone of the Andhra Pradesh economy in terms of employment generation?
- A. Agriculture
- B. Services
- C. Manufacturing
- D. Mining
Answer: A. Agriculture
Agriculture remains the primary source of livelihood and employment for a significant portion of the population in Andhra Pradesh.
Agriculture remains the primary source of livelihood and employment for a significant portion of the population in Andhra Pradesh.
What is the primary indicator of the economic growth of Andhra Pradesh?
- A. Gross State Domestic Product (GSDP)
- B. Consumer Price Index
- C. Wholesale Price Index
- D. Balance of Payments
Answer: A. Gross State Domestic Product (GSDP)
GSDP is the primary measure used to track the economic performance and growth trajectory of the state.
GSDP is the primary measure used to track the economic performance and growth trajectory of the state.
How has the sectoral contribution to the GSDP of Andhra Pradesh changed in recent years?
- A. Services sector contribution is declining
- B. Agriculture sector contribution is increasing rapidly
- C. Service sector continues to hold the largest share in GSDP
- D. Industrial sector is stagnant
Answer: C. Service sector continues to hold the largest share in GSDP
The service sector contributes the highest percentage to the GSDP of Andhra Pradesh, consistent with the broader national trend.
The service sector contributes the highest percentage to the GSDP of Andhra Pradesh, consistent with the broader national trend.
Compare the contribution of agriculture and services to the GSDP of Andhra Pradesh. Which statement is correct?
- A. Agriculture contributes more than services.
- B. Services contribute more than agriculture.
- C. Both contribute equally.
- D. Industry contributes more than both combined.
Answer: B. Services contribute more than agriculture.
The services sector consistently accounts for the highest share of the state's GSDP compared to agriculture and industry.
The services sector consistently accounts for the highest share of the state's GSDP compared to agriculture and industry.
What does the 'Services Sector-led growth' model imply for the AP economy?
- A. Economic growth is dependent on global export demand for commodities
- B. Growth is largely driven by domestic and external demand for IT and business services
- C. Growth is solely driven by agricultural exports
- D. The economy is regressing towards primary sectors
Answer: B. Growth is largely driven by domestic and external demand for IT and business services
The services-led model relies on the outsourcing and IT/ITeS sector, which are key pillars for Andhra Pradesh's urban economy.
The services-led model relies on the outsourcing and IT/ITeS sector, which are key pillars for Andhra Pradesh's urban economy.