Question And Answer: Q.1What is meant by environment?ANSWER: Environment is defined as the total planetary inheritance and the totality of all resources. It includes all the biotic and abiotic factors that influence each other. Biotic elements are all living elements —
Read MoreQuestion And Answer: Q.1 Explain the term ‘infrastructure’.ANSWER: Infrastructure refers to the basic supporting structure which is built to provide different kinds of services in an economy. Infrastructural installations do not directly produce goods but help in promoting production activities
Read MoreQuestion And Answer: Q.1Who is a worker?ANSWER: A worker is an individual who is doing some productive employment to earn a living. Q.2 Define worker-population ratio. ANSWER: Workforce Participation Rate (or ratio)Participation ratio is defined as the percentage of total
Read MoreQ.1 What do you mean by rural development? Bring out the key issues in rural development.ANSWER: Rural development is a comprehensive term which essentially focuses on action for the development of areas that are lagging behind in the overall development of
Read MoreQuestion And Answer: Q.1What are the two major sources of human capital in a country? ANSWER:Two main sources of human capital are investment in education and health. Q.2 What are the indicators of educational achievement in a country? ANSWER: Educational
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