EDUCATION (CBSE/UGC NET)

Detailed explanation-1: -Agriculture. Agriculture is the largest sector in India’s rural economy, contributing INR  35 lakh Cr to the national GDP in 2019–2020.

Detailed explanation-2: -Today, India is considered a mixed economy: the private and public sectors co-exist and the country leverages international trade.

Detailed explanation-3: -Agriculture is its main economic activity. In the case of rural economy land is the primary means of production. Land is made fertile by human labour. The rural people live in villages and produce a variety of crops by means of technique and their labour power.

Detailed explanation-4: -India is known as an agricultural country, as most of the population of villages depends on agriculture. Agriculture forms the backbone of the country’s economy. The agricultural sector contributes most to the overall economic development of the country.

Detailed explanation-5: -b) After independence, India adopted the system of mixed economy where both the private and public sectors co-exist and contribute to the development of the nation.