GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following was the major occupation on the eve of independence?
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Industry
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Services
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Agriculture
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None of above
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Explanation:
Detailed explanation-1: -Explanation: In the economy of India on the eve of Independence, agriculture was the principal source of occupation, with a percentage of 72.7% of people involved in it.
Detailed explanation-2: -Predominance of large farms is not a characteristic of Indian agriculture, instead it suffers from small size of land holdings.
Detailed explanation-3: -Lopsided Industrial Structure The growth of the Industrial Sector during British rule was lopsided and unbalanced. It is because of two main reasons: lack of encouragement by Britishers for the growth of heavy industries in India, and lack of permission of Industry modernization to the Indian Industrialists.
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