Mains Ready By December. Smash Mains & Smash PYQ Admissions Open

Economics › Budget, Fiscal Policy

Economics › Budget, Fiscal Policy

With reference to the Indian economy after the 1991 economic liberalization, consider
the following statements:
1. Worker productivity (Rupee 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?

Options

(a)

1 and 2 only

(b)

3 and 4 only

(c)

3 only

(d)

1, 2 and 4 only

Answer

(B)