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Red Soil: • Red soil develops reddish colour due to the diffusion of iron in crystalline and metamorphic rocks. • It looks yellow in a hydrated form. • It is highly porous and fertile when they are fine-grained and deep. • This soil is deficient in nitrogen, humus, phosphoric acid, magnesium, and lime but fairly rich in potash, with its pH ranging from neutral to acidic. • Cotton, wheat, rice, beans, millets, tobacco, oilseeds, potatoes, and fruits are some of the appropriate crops for red soils. • Red soil develops on crystalline igneous rocks in areas of low rainfall in the eastern and southern parts of the Deccan plateau. • They are also found in parts of Orissa, Chhattisgarh, southern parts of the middle Ganga plain and along the piedmont zone of the Western Ghats.
Income effect states that as price of a good falls, demand rises since there is rise in
Due to which of the following reasons increase in absolute and per capita real GNP do not connote a higher level of economic development?
Which one of the following transactions will be considered as a transfer payment?
What should be done in an economy to reduce the effects of recession?
Which of the following is not a method to calculate GDP?
Which of the following statement best describe the role of a “deflator”?
The term ‘Gross’ is being used for Gross Domestic Product (GDP) because its computation does NOT exclude which of the following factors?
Price elasticity of demand of a horizontal demand curve is called:
Which of the following issues are the reasons behind the inflation in Indian Economy?
Which of the following should be excluded while calculating Gross national Product?