An establishment with four hired workers is known as (formal/informal) sector establishment.
An establishment with four hired workers is known as informal sector establishment. An informal sector is an unorganised sector of the economy. It includes all enterprises that hire less than 10 workers, except farming and self employment ventures. Therefore, an establishment with four hired workers is known as informal sector establishment.
Popular Questions of Class 11 Economics - Indian Economic Development
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Compare and contrast the development of India, China and Pakistan with respect to some salient human development indicators.
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How is RBI controlling the commercial banks?
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Explain the steps taken by the government in developing rural markets.
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What are the functions of the environment?
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Distinguish between the following
(i) Strategic and Minority sale
(ii) Bilateral and Multi-lateral trade
(iii) Tariff and Non-tariff barriers. - Q:-
Why was the public sector given a leading role in industrial development during the planning period?
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Match the following:
1. Prime Minister
2. Gross Domestic Product3. Quota
4. Land Reforms
5. HYV Seeds
6. Subsidy
A. Seeds that give large proportion of output
B. Quantity of goods that can be importedC. Chairperson of the planning commission
D. The money value of all the final goods and services produced within the economy in one year.
E. Improvements in the field of agriculture to increase its productivity
F. The monetary assistance given by government for production activities.
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Infrastructure contributes to the economic development of a country. Do you agree? Explain.
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Find the odd man out (i) owner of a saloon (ii) a cobbler (iii) a cashier in Mother Dairy (iv) a tuition master (v) transport operator (vi) construction worker.
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Highlight any two serious adverse environmental consequences of development in India. India’s environmental problems pose a dichotomy — they are poverty induced and, at the same time, due to affluence in living standards — is this true?
Recently Viewed Questions of Class 11 Economics - Indian Economic Development
- Q:-
Explain the steps taken by the government in developing rural markets.
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‘Information technology plays a very significant role in achieving sustainable development and food security’ - comment.
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Argue in favour of the need for different forms of government intervention in education and health sectors.
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Explain the need and type of land reforms implemented in the agriculture sector.
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Explain the supply-demand reversal of environmental resources.
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Discuss the importance of credit in rural development.
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Why did India opt for planning?
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Identify the benefits and limitations of organic farming.
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Education is considered to be an important input for the development of a nation. How?
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India has abundant natural resources —substantiate the statement.
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