With reference to the Indian economy after the 1991 economic liberalization, consider the following statements: 1. Worker productivity (Rs. per worker at 2004-05 prices) increased in the industrial sector. 2. The industrial employment (as a proportion of total employment) increased. 3. The share of industrial sector in GDP increased. 4. Worker productivity in agriculture sector increased. Which of the statements given above are correct?
Correct Answer
The correct answer is hidden
Explanation
24 words hidden ... over time, even though the sector’s share in GDP declined relative to services and industry. Statement 2 is not hidden ... 30 words hidden