Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Rural Development

Question:

Match the following:

1. Alternative livelihood option in knowledge economy A. Agro-processing, food processing, leather industry
2. Various dynamic sub-sectors B. Marketing through cooperatives
3. Environmentally sustainable production process C. IT sector
4. Operation flood D. Organic farming
Options:

1-D, 2-A, 3-C, 4-B

1-A, 2-D, 3-C, 4-B

1-A, 2-C, 3-B, 4-D

1-C, 2-A, 3-D, 4-B

Correct Answer:

1-C, 2-A, 3-D, 4-B

Explanation:

IT has revolutionised many sectors in the Indian economy. There is broad consensus that IT can play a critical role in achieving sustainable development and food security in the twenty-first century. It acts as an alternative livelihood option in knowledge economy. 

As agriculture is already overcrowded, a major proportion of the increasing labour force needs to find alternate employment opportunities in other non-farm sectors. Some possess dynamic linkages that permit healthy growth while others are in subsistence, low productivity propositions. The dynamic sub-sectors include agro-processing industries, food processing industries, leather industry, tourism, etc.

Organic farming, which has lower yield in early years as compared to conventional agriculture, is an environmentally sustainable production process.

Operation flood's success is pointed out by Gujrat's story where milk cooperatives were efficiently implemented.