Indian Economy MCQs


Q.  What does decreasing contribution of agriculture to GDP signifies?

a. Country is becoming poor
b. Country is becoming less developed
c. Country is becoming more developed
d. None of the above


ANSWER: See Answer
 
The movement from an agrarian-based economy to a manufacturing and the service-based economy shows that, a country is moving from a less developed phase to a developing and developed phase.
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