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Indian economy is characterised by too much dependence on ______. - Economic Applications

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Question

Indian economy is characterised by too much dependence on ______.

Options

  • Agriculture

  • Industry

  • Trade

  • Services

MCQ
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Solution

Indian economy is characterised by too much dependence on agriculture.

Explanation:

The Indian economy is characterized by a heavy reliance on agriculture, which employs about 43% of the workforce. Agriculture provides raw materials for industry, supports the food supply, and remains a vital source of income and employment despite its declining GDP contribution. This dependence creates challenges such as low productivity and resource pressure.

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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 8. | Page 67
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