SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Back ward economy is the one which shows:
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high growth in income.
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low level of productivity.
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slow growth in income.
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both (a) and (b)
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Explanation:
Detailed explanation-1: -The most important one is the prolonged occupation by colonial powers . The second one is exploitation of resources by the same colonial power. There was no plan for the economic growth of the economy of India. The British Administration was her to help the British economy.
Detailed explanation-2: -Indian economy is a mixed economy because here both private and public sector co-exist and both work under the general guidance of economic planning.
Detailed explanation-3: -Agriculture is the backbone of Indian economy.
There is 1 question to complete.