BANKING AFFAIRS

Detailed explanation-1: -The correct answer is Agricultural sector. The Agricultural sector is the backbone of the Indian economy.

Detailed explanation-2: -Railways is known as the backbone of Indian economy as it supports the transportation of the goods and commodities across the country. Q. Agriculture is the backbone of Indian economy. How?

Detailed explanation-3: -Solution : Explain. Answer: Agriculture is called the backbone of Indian economy because 70% of Indian population are engaged in agriculture and raw material for the Industrial sectors like food processing company, textile industry comes from the agricultural sector.

Detailed explanation-4: -Farmers are regarded as the backbone of the nation. This is because they pursue agriculture which is regarded as the backbone of the Indian economy.