Indian Economy: 10th largest in the world by nominal GDP. 3rd largest in the world by PPP. Indian Economy consists of 3 important aspects: Agricultural Industry Services RBI:Central Bank and Monetary Authority. RBI was established in private sector in 1935. RBI was established in public sector in 1949. Governor of RBI:Raghuram Govind Rajan. 3 types of sectors/occupations: Primary Secondary Tertiary Working population engaged in agriculture in India:63% Industrial structure can be classified as: Type of Ownership Size of Investment Type of Output Type of Ownership: Public sector Private sector Foreign sector Size of Investment: The large scale sectore:>1.5crore The small scale sector:greater tha 25lakh and less than /equal to 1.5crore The tiny scale sector:less than Rs 25lakh Type of Output: Basic Goods Industries:Chemicals,Cement,Fertilisers. Capital Goods industries:Machine Tools,Engineering Goods Intermediate goods Industries:Tyre Industry,Plastic,Oils Consumer goods Industries:TV, Watch etc.
Posted on: Thu, 13 Mar 2014 07:32:03 +0000
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