Tag: concept of development

Questions Related to concept of development

Indian Economy may be viewed as _____________.

economic development & planning concept of development economics

  1. undeveloped Economy

  2. developing Economy

  3. developed Economy

  4. none of the above

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Correct Option: B
Explanation:

India is termed as a Developing Economy because of its initiative for determined planned economic development. India aims to achieve a greater economic growth and development.

Mark the correct statement.

economic development & planning concept of development economics

  1. India is a purely Capitallist Economy

  2. India is a Stagnant Economy

  3. India is a Developing Economy

  4. India is a resources poor-economy

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Correct Option: C
Explanation:

India is a Developing Economy- this is the correct statement. India is termed as a Developing Economy because of its initiative for determined planned economic development. India aims to achieve a greater economic growth and development.

India is termed as a Developing Economy because of its ________________.

economic development & planning concept of development economics

  1. initiative for determined planned economic development

  2. rapid population growth

  3. predominant agrarian set-up

  4. slow Industrial progress

Show answer
Correct Option: A
Explanation:

India is termed as a Developing Economy because of its initiative for determined planned economic development.India aims to achieve a greater economic growth and development.