Question

What distinguished the first half of the 1990s in Kerala's economic history?

1. It recorded the highest annual average growth rate in Kerala's history.
2. The primary sector's growth rate was significantly higher than the tertiary sector's.
3. Both the secondary and tertiary sectors achieved record growth rates.
4. It was a period primarily characterized by a severe economic recession.

• A. 2, 4
• B. 1, 3
• C. 3
• D. 1, 4

Answer 1

Answer:

B. 1, 3

The first half of the 1990s stands out as a golden period in Kerala's economic trajectory. It was marked by an unprecedented annual average growth rate of 6.76%, which was the highest ever recorded in the state's history. This impressive performance was largely driven by the robust growth of the secondary and tertiary sectors, which registered record growth rates of 8.19% and 9.19% respectively. These figures indicate a significant structural transformation in the state's economy, with services leading the charge, supported by industrial expansion. This period was a boom, contrasting sharply with the recession that followed in the latter half of the decade.