IE&IFS: Concepts and Practice · Part A: Indian Economic Architecture

Chapter 1: The Indian economy and its sectors

What kind of economy India is, how it got here, where it stands today, and how its sectors share output and jobs.

Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.

In this chapter

• 1.1What kind of economy India isp. 3
• 1.2From planning to reformp. 4
• 1.3Where the economy stands todayp. 5
• 1.4The three sectorsp. 6
• 1.5Output, jobs and who owns whatp. 7
• Exam traps and quick checksp. 8
• Practice: 16 questions in three roundsp. 9
• Answers, with every wrong option explainedp. 11
• Make it stickp. 13
• Chapter 1 on one pagep. 14

Corrections and updates

None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.