Question

Indian economy is characterised by ______.

Options

• developed infrastructure

• modern society

• a large mass of unemployment and underemployment

• none of the above

Answer 1

Indian economy is characterised by a large mass of unemployment and underemployment.

Explanation:

The Indian economy is characterized by high levels of unemployment and underemployment, driven by rapid population growth and slow industrial growth. It suffers from technological backwardness, weak infrastructure, underutilization of natural resources, and income inequalities. These issues contribute to chronic underemployment and low living standards, making it a mixed but developing economy rather than a modern or infrastructure-rich one.