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Indian economy is an agro-based economy. Wherein about ______ of the labour force is employed. - Economic Applications

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Question

Indian economy is an agro-based economy. Wherein about ______ of the labour force is employed.

Options

  • 43 per cent

  • 14 per cent

  • 75 per cent

  • 10 per cent

MCQ
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Solution

Indian economy is an agro-based economy. Wherein about 43 per cent of the labour force is employed.

Explanation:

India is an agro-based economy. Agriculture is the backbone of the Indian economy as it provides livelihood to a large proportion of the population. Although the share of agriculture in total national income has decreased over time due to growth in industry and services, a significant portion of the labour force still depends on agriculture for their employment. As of recent data, about 43 per cent of the total labour force in India is employed in agriculture and allied activities.

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Chapter 5: Characteristics of Indian Economy - QUESTIONS [Page 67]

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J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 5 Characteristics of Indian Economy
QUESTIONS | Q 3. | Page 67
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