GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Agriculture
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Manufacturing
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Services
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All of these
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Detailed explanation-1: -The Indian economy was an agro-based economy on the eve of independence. 75% of the Indian population was earning a livelihood from agriculture. Despite being a primary source of income for a major population, this sector faced a decline under the British rule.
Detailed explanation-2: -The agriculture sector is one of the most important industries in the Indian economy. In terms of employment, the agriculture sector provides livelihood to over 151 million people. Approximately 60 percent of the Indian population works in the industry, contributing about 18 percent to India’s GDP.
Detailed explanation-3: -Ans: D) All of the above Explanation: The natures of the Indian economy on the eve of independence were Underdeveloped, stagnant, backward, and in very bad condition.