If an economy is underdeveloped, it means:

Related MCQs

• An underdeveloped economy is generally characterised by : 1. Iow per capita income 2. Iow rate of capital formation 3. Iow dependency figure 4. working force largely in the tertiary sector
• National Income total reveals: 1. Production side of the economy 2. Distribution side of the economy 3. Expenditure side of the economy Choose your answer from
• Mixed economy means an economy where [CDS 2009]
• A "closed economy" is an economy in which [CSAT 2011]
• Consider the following statements: (A) In India since independence the share of the primary sector has been declining while the shares. of the secondary and tertiary sectors have been increasing (B) This trend shows that Indian economy is passing through the transition from an agricultural to an industrial economy While one of the following is correct?
• As we all know rise of the 'BRICS' has left a vast impact on almost all aspects of the global economy. However, which of the following cannot be called as the direct effect(s) of 'Rise of the BRICS' on global/other powerful economy/ economies? [Punjab & Sindh Bank 2011] (A) Countries like China wish to learn more about outsourcing from India. (B) It has made countries to suffer from Sub-prime Crisis. (C) EURO has become a powerful currency and many non-Euro countries are in 'Swap Agreement' with various nations.
• 'Take off stage' in an economy means: [CBI 1990]
• 'Globalisation of Indian Economy' means:
• A Closed economy means:
• The growth rate of Indian economy in 2012-13is: