What are the basics of Indian Economy?
Table of Contents
Important Features of the Indian Economy & GDP
- 1] Gross Domestic Product. India had a GDP of 2.26 lac crore dollars in the year 2016.
- 2] Low Per Capita Income.
- 3] Indian Economy is a Mixed Economy.
- 4] Agriculture is the most important sector.
- 5] Uneven Wealth Distribution.
- 6] Human Capital.
- 7] Immense Growth of Service Sector.
Which type of economy is Indian Economy?
mixed economy
Today, India is considered a mixed economy: the private and public sectors co-exist and the country leverages international trade.
Who is the main father of GK?
List of Famous Fathers of the World:
| Sr. No. | Father of | Person |
|---|---|---|
| 1. | Psychology | Sigmund Freud |
| 2. | Cloning | Ian Wilmut |
| 3. | Printing | Guttenberg |
| 4. | History | Herodotus |
What is the Indian Economy MCQS?
The Indian economy that was known as an underdeveloped economy has now become a developing economy. However, it is described as a mixed economy….Answer: B.
| COMMERCE Related Links | |
|---|---|
| Bank Reconciliation Statement | Depreciation Expense |
| Mcq On Marketing Mix | Difference Between Economic And Non Economic Activities |
Who planned Indian economy?
M Visvesvaraya, Sir
Planned economy for India
| Author: | M Visvesvaraya, Sir |
|---|---|
| Edition/Format: | Print book : EnglishView all editions and formats |
| Rating: | based on 4 rating(s) 0 with reviews – Be the first. |
| Subjects | India — Economic conditions — 1918-1947. India — Economic policy. Economic history. View all subjects |
What is the full form GK?
GK full form or meaning is General Knowledge.
Why Indian economy questions and answers are important for competitive exams?
Indian economy Questions and answers play a wide portion in the competitive exams. Every dream to get the government Job. For that purpose, the candidates have to be smart enough to crack the recruitment exams.
What is the role of General Knowledge section in government job?
General knowledge section plays the main role for any job in government sector. Indian economy Questions and answers play a wide portion in the competitive exams. Every dream to get the government Job. For that purpose, the candidates have to be smart enough to crack the recruitment exams.
What is the role of NABARD in the Indian economy?
Check the Indian economy questions for bank exams. Read carefully about these topics and find out the solutions below. NABARD is the organization that looks after the credit needs of agriculture and rural development in India. An economy is at the take-off stage on its path to development when it begins steady growth
Which organization looks after the credit needs of Agriculture in India?
NABARD is the organization that looks after the credit needs of agriculture and rural development in India. An economy is at the take-off stage on its path to development when it begins steady growth V Kurien is known as the ‘Father of White Revolution’. Tea industry employs the largest number of women in India.