Question

The basic reason of considering the Indian Economy as under developed economy is _____________.

• A. wide spread of poverty
• B. high growth of population
• C. high income inequalities
• D. all of these

Answer 1

The correct option is D all of these

The basic reason of considering the Indian Economy as under developed economy is :

a) wide spread of poverty

b) high growth of population

c) high income inequalities.Underdeveloped countries can be referred to those countries which are backward economically. Overpopulation, income inequalities and under-employment- all prevails in the underdeveloped economy.