GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Low per capita income
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Excessive Dependency on agriculture & primary sector
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Low rate of population growth
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High growth rate of capital formation
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Detailed explanation-1: -Indian economy is characterised by too much dependence on agriculture and thus it is primary producing. Out of the total working population of our country, a very high proportion of it is engaged in agriculture and allied activities, which contributed a large share in the national income of our country.
Detailed explanation-2: -(i) On account of variety of soils and climatic variations wide variety of crops can be grown. (ii) There are two important crop seasons in India: Kharif and Rabi. (iii) Both the intensive and extensive types of farming are prevalent in India.
Detailed explanation-3: -Subsistent in Character. Heavy Pressure of Population. Predominance of Food Grains. Crops of many kinds. A lot of the reporting area is being used for farming. The small size of holdings and the way fields are broken up. Farming that isn’t as intensive. Technology in the Stone Age. More items