BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Regional imbalances in India are largely due to
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Concentration of raw material sources
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Lack of education and knowledge at local level
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Lack of local entrepreneurship
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All of these
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Explanation:
Detailed explanation-1: -Regional imbalances in India started from its British regime. British industrialists mostly preferred to concentrate their activities in two states like West Bengal and Maharashtra and more particularly to three cities like Calcutta, Bombay and Madras and neglecting the rest of the country to remain backward.
Detailed explanation-2: -Physical factors like location, relief, altitude, availability of resources, accessibility etc. are responsible for imbalanced regional development. While some regions have a better position in terms of geographical location, mineral and other natural resources, the others may lag behind.
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