CPT objectives

Dear students,
The first set of objectives did not get published due to some technical errors. this is the list of objectives.
1. At the time of independence 72% of India’s population was dependent on agriculture.
2. At present (2008-09), 52% of India’s population is dependent on agriculture.
3. As per NSSO 2004-05 22% of India’s population is below poverty line.
4. India’s PCI in 2007 was $950.
5. According to HDR 2008, India’s HDI rank is 132 among 179 countries.
6. India’s HDI in 2006 (HDR 2008) was 0.609.
7. GINI Index measures inequality in distribution of Income & Wealth.
8. GINI Index of ZERO means perfect equality.
9. GINI Index of ONE means Perfect Inequality.
10. India’s GINI Index in 2004 was 0.368.
11. Between 1950-51 & 2007-08 NNP increased by more than 12 times.
12. Between 1950-51 & 2007-08 PCI increased by more than 3 times.
13. In 2007-08 57.2% of GDP is contributed by Tertiary sector.
14. Indian road network – 3.34 mill KMs.
15. Literacy rate in India in 1951 was 18.33%.
16. In 2005-06 literacy rate in India was 67.6%.
17. RBI was nationalized in 1949.
18. In 2008-09 contribution of agriculture to India’s GDP was 17%.
19. Green revolution (New Agriculture Strategy) launched in India in 1966.
20. HYVP was restricted to 5 crops – Wheat, Rice, Bajra, Jowar & maize.
21. Green revolution is also called wheat revolution.
22. Per capita availability of food grains increased from 395 grams in 1951 to 443 grams in 2007.
23. Rashtriya Krishi Vikas Yojana is being implemented for integrated development of food crops.
24. Only 44% of the gross cropped area was covered by HYVP.
25. Nearly 60% of the net sown area is rain fed.
26. In 1951, money lenders accounted for 71.6% of rural credit.
27. At present money lenders account for 17% of rural credit.
28. RRBs set up in 1975.
29. NABARD set up in 1982.
30. Kisan Credit Card Scheme was launched in 1998.
31. Nearly 50% of agricultural bank credit is concentrated in southern states.
32. Food Corporation of India (FCI) provides storage facilities.
33. Basic Goods Industries – Minerals, Fertilisers, Cement, Iron & steel, Electricity, etc.
34. Capital goods industries – Machinery, Machine Tools, road-rail equipment, etc.
35. Intermediate Goods – Chemicals, Rubber, Plastic, Coal & Petroleum products.
36. 1965-80 – Deceleration & Retrogression of Industrial sector.
37. Second Plan – Industrialisation on a massive scale – Mahalnobis model – Three steel plants in Public sector (Bhilai, Durgapur & Rourkela)
38. In 2008 – No. of PSUs was 242.
39. MSMED Act - 2006 (Micro, Small & Medium Enterprises Development)
40. 39% of the gross value of output in the manufacturing sector is contributed by the small scale sector.
41. Small scale sector contributes 33% of the total exports.
42. Factory employment absorbed only 2% of labour force in 1980.
43. 96% of the sick industrial units were small units.
44. Services sector’s share in GDP - 57%
45. Services sectors share in total exports – 45%.
46. Employment in services sector – 22.5% (2001)
47. In the list of exporters of commercial services, India’s rank – 9th
48. India has second largest scientific & technical manpower in the world.
49. ICOR – Incremental Capital Output Ratio – 4% since 8th plan
50. 10-15% agriculture produce gets spoilt or eaten by rats.
51. GDP at constant prices is called Real GDP.
52. Transfer payments are not included in NI.
53. Hindu rate of growth – 3.5%.
54. Highest growth rate ever achieved – X plan – 7.6%
55. Income tax introduced in 1860, discontinued in 1873 & reintroduced in 1886.
56. State governments have the power to impose tax on agricultural income.
57. India has progressive income tax.
58. Income tax rate was the highest at 97.75%.
59. At present income tax on highest slab is 30%.
60. Estate duty was abolished in 1985.
61. Gift tax was abolished in 1998, partially reintroduced in 2005 and since September 2009 gift tax is imposed on all gifts with value over Rs.50,000.
62. Excise duty is levied on production.
63. Sales tax is imposed on business transactions.
64. MODVAT – modified value added tax introduced in 1986-87.
65. CENVAT – Central Value Added Tax introduced in 2000-01.
66. CENVAT replaced MODVAT.
67. VAT introduced in 1999 but implemented in 2005.
68. Services tax introduced in 1994-95.
69. Direct taxes : Indirect taxes is 40% : 60%
70. Agriculture income is exempt from income tax.
71. Cost of tax for Income Tax Department is the lowest in the world at 60 paise for every Rs.100 collected as tax.
72. Boothlingam committee & Chelliah committee - recommended simplification & rationalization of tax system in India.
73. 1901 – India’s population was 23.84 crores.
74. 2001 – India’s population was 102.27 crores.
75. 2011 – India’s population was 121 crores.
76. India has 2.4% of world’s area, 1.2% of world’s income & 16.7% of world’s population.
77. 1911-21 rate of growth of population was negative – (-0.03).
78. Year of Great Divide – 1921.
79. 1971-81 – Growth of population highest at 2.22%.
80. 1991-2001 – growth rate of population – 1.93%.
81. Lowest birth rate – Kerala
82. Highest birth rate – UP
83. Lowest death rate – West Bengal
84. Highest death rate – Orissa
85. Density of population – in 2001 – 324.
86. West Bengal most densely populated.
87. Least densely populated – Arunachal Pradesh
88. Delhi has highest density – 9294 persons.
89. Sex ratio in 2001 – 933.
90. Sex ratio in Kerala – 1058.
91. Haryana has lowest sex ratio.
92. Life expectancy at Birth in India – 63.8 years
93. Highest LEB – Kerala
94. Lowest LEB – MP
95. Literacy rate in 2001 – 65.38%
96. Highest literacy – Kerala
97. Lowest literacy – Bihar
98. NI income increased by 12 times & PCI rose by 3.25 times only
99. Per capita availability of food grain – 443 grams
100. Per capita availability of cultivable area – 0.17 hec.
101. By MRP poverty in India – 21.8% & by URP – 27.5%.
102. According to World Factbook unemployment in India in2009 – 7.2%.
103. In 2004-05 – CDS – Unemployment rate -8.28%
104. In 2004-05 – UPS – Unemployment rate – 3.06%.
105. Unemployment by CDS > Unemployment by UPS
Employment rate by UPS > Unemployment