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What was the primary reason for India's rejection of the capitalist model of economic development post-independence?a)Lack of resources and technologyb)Illiteracy and caste-based societyc)Foreign exchange deficitsd)Government expenditure exceeding revenueCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What was the primary reason for India's rejection of the capitalist model of economic development post-independence?a)Lack of resources and technologyb)Illiteracy and caste-based societyc)Foreign exchange deficitsd)Government expenditure exceeding revenueCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was the primary reason for India's rejection of the capitalist model of economic development post-independence?a)Lack of resources and technologyb)Illiteracy and caste-based societyc)Foreign exchange deficitsd)Government expenditure exceeding revenueCorrect answer is option 'B'. Can you explain this answer?.

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