UPSC Economics People as Resource Question Bank Structure of Economy and Human Resources in India

  • question_answer
          Consider the following statement:
    1. High degree of disparity in income/wealth distribution is prevailed in India which is a characteristics feature of developing economy.
    2. In India, almost 60-70% of the total population still resides in rural areas and hence they depend on agriculture for their livelihood.
    3. India?s per capita income level is much high as compared with other developed countries
    Which among the following statement is not correct:

    A) 3 only              

    B)        1 and 2

    C) 1 and 3            

    D)        1 only

    Correct Answer: A

    Solution :

    India is a developing country. Its per capita income level is much low as compared with other developed countries. Predominance of Agriculture: In India, almost 60-70% of the total population still resides in rural areas and hence they depend on agriculture for their livelihood.


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