GK
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
On the eve of independence, only heavy and basic industries were developed in the Indian economy.
|
|
True
|
|
|
False
|
|
|
None of these
|
|
|
None of the above
|
Explanation:
Detailed explanation-1: -In the Indian economy on the eve of Independence, agriculture was our principal source and sector of occupation with almost 72.7% of the working population engaged in this sector of the economy. On the other hand, only 10.2% of the working population were engaged in the manufacturing or industrial sector.
Detailed explanation-2: -1. Since independence India has been a ‘mixed economy’. India’s large public sectors were responsible for providing employment and revenue to the economy.
There is 1 question to complete.