Which of the following is not a characteristic of the Indian Economy?

Which of the following is not a characteristic of the Indian Economy?

Answer: C. Balance between heavy industry and wage goodsLow per capita income, primacy of agriculture, and population pressure are common characteristics discussed for the Indian economy. Balance between heavy…

  1. A.

    Low per capita income

  2. B.

    Primacy of agriculture

  3. C.

    Balance between heavy industry and wage goods

  4. D.

    Population pressure

  5. E.

    Question not attempted

Show answer & explanation

Correct answer: C

Low per capita income, primacy of agriculture, and population pressure are common characteristics discussed for the Indian economy. Balance between heavy industry and wage goods is not usually listed as such a characteristic.

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