SSC MTS EXAM

SSC

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the backbone of Indian economy
A
Agriculture
B
Industry
C
Service
D
None of theses
Explanation: 

Detailed explanation-1: -The correct answer is Agricultural sector. The Agricultural sector is the backbone of the Indian economy. The agricultural sector comes under the primary sector. Agriculture Sector is the backbone of the Indian economy because it contributes to GDP, Employment, and export.

Detailed explanation-2: -Agriculture is the most significant source of income for the central and state governments. The government of the country has substantial revenue from rising land revenue. Also, the movement of agricultural goods helps generate revenue for the Indian railways, which helps the government in revenue generation.

There is 1 question to complete.