GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It will be true to classify India as:
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A food-deficit economy
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A labour-surplus economy
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A trade-surplus economy
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A capital-surplus economy
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Explanation:
Detailed explanation-1: -India is a labour-surplus economy because in India there is disguised unemployment along with under-employment which means that qualified, skilled workforce willing to work is available but there are not enough employment opportunities.
There is 1 question to complete.