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What is the main purpose of State Income data, also known as GSDP?

ATo calculate a state's population.

BTo track a state's political stability.

CTo measure the economic performance of a state.

DFormulate targeted economic development policies

Answer:

C. To measure the economic performance of a state.

Read Explanation:

  • "The main activity of GSDP is to quantify the economic performance of a state by considering its production, consumption, and income generation activities."


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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.
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  3. Both the secondary and tertiary sectors achieved record growth rates.
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    Regarding the challenges in Kerala's agricultural sector during the first phase of development, which of the following statements is incorrect?

    1. Kerala primarily adopted modern farming techniques, leading to high productivity levels.
    2. Major agricultural products were often sold as raw materials in both domestic and foreign markets.
    3. A large number of farmers possessed very small or marginal landholdings, making farming uneconomical.
    4. The primary sector experienced negative income growth during the 1970s.