Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Comparative Development Experiences of India and its Neighbours

Question:

Match List - I with List - II.

List – I    List - II
Country    Feature
(A) India (I) Global regional grouping
(B) China (II) Largest democracy in the World
(C) SAARC  (III) Deceleration in all three sectors of economy
(D) Pakistan (IV) Followed classical development pattern

Choose the correct answer from the options given below:

Options:

(A) - (IV), (B) - (II), (C) - (I), (D) - (III)

(A) - (I), (B) - (IV), (C) - (III), (D) - (III)

(A) - (II), (B) - (IV), (C) - (I), (D) - (III)

(A) - (II), (B) - (III), (C) - (IV), (D) - (I)

Correct Answer:

(A) - (II), (B) - (IV), (C) - (I), (D) - (III)

Explanation:

India, which gained its independence in the year 1947 has the largest democracy in the world.

China has followed the classical development pattern of gradual shift from agriculture to manufacturing and then to services, India and Pakistan’s shift has been directly from agriculture to service sector.

Nations have been primarily trying to adopt various means which will strengthen their own domestic economies. To this effect, they are forming regional and global economic groupings such as the SAARC, European Union, ASEAN, G-8, G-20, BRICS etc. It is an association of eight countries of South Asia — Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka and Afghanistan. SAARC provides a platform for the peoples of South Asia to work together in a spirit of friendship, trust and understanding. It aims to accelerate the process of economic and social development in member countries.

In the case of the service sector, China was able to maintain its rate of growth during 1980–1990,while there was a positive and increaring growth of India’s service sector output. Thus, China’s growth is contributed by the manufacturing and service sectors and India’s growth by the service sector. During this period, Pakistan has shown deceleration in all three sectors.