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What was the state of the Indian economy on the eve of Independence?
What was the state of the Indian economy on the eve of Independence?
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Solution
The Indian economy was an agricultural-based economy at the time of the eve of freedom. 75% of the Indian populace was earning income from agriculture. Despite being an essential type of revenue for a significant populace, this sector faced a decrease under the British guideline.
Also see: MCQs on Indian Economy
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The Indian economy was an agricultural-based economy at the time of the eve of freedom. 75% of the Indian populace was earning income from agriculture. Despite being an essential type of revenue for a significant populace, this sector faced a decrease under the British guideline.
Also see: MCQs on Indian Economy
Stay tuned to BYJU’S to learn similar Commerce Questions.
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