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Economic System

India is term...

Question

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

A

initiative for determined planned economic development

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B

rapid population growth

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C

predominant agrarian set-up

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D

slow Industrial progress

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Solution

The correct option is C initiative for determined planned economic development
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.

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