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Question
Which of the following is called the backbone of the Indian economy?
Options
Service sector
Industry
Trade
Agriculture
MCQ
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Solution
Agriculture
Explanation:
Agriculture provides livelihood to about 43% of the labor force, supplies raw materials to various industries, and meets the food requirements of the large population. Despite a declining share in national income due to industrial and service sector growth, agriculture remains crucial for employment, food supply, industrial raw materials, and exports, making it fundamental to India’s overall economic structure and development.
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