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Consider the following statements:
Statement-I:
The Indian economy follows a growth pattern that aligns with W.W. Rostow's theory of economic growth stages.
Statement-II:
India's economic development has strictly followed the traditional progression from an agrarian economy to an industrial economy before transitioning to a service economy.
Which one of the following is correct in respect of the above statements?
The Indian economy follows a growth pattern that aligns with W.W. Rostow's theory of economic growth stages.
Statement-II:
India's economic development has strictly followed the traditional progression from an agrarian economy to an industrial economy before transitioning to a service economy.
Which one of the following is correct in respect of the above statements?
- a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
- b)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
- c)Statement-I is correct, but Statement-II is incorrect
- d)Statement-I is incorrect, but Statement-II is correct
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
Consider the following statements:Statement-I:The Indian economy foll...
Statement-I correctly mentions W.W. Rostow's theory of economic growth stages, which outlines a progression through agriculture, industry, and services. However, Statement-II oversimplifies India's economic development. While India has seen significant growth in its service sector, it hasn't strictly followed the traditional progression outlined by Rostow. India, along with other countries like Indonesia and the Philippines, has shown deviations from the standard model by transitioning directly from an agrarian economy to a service-based economy, skipping a more substantial industrial phase. Therefore, while both statements are factually correct, Statement-II does not provide an accurate explanation for Statement-I.
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Consider the following statements:Statement-I:The Indian economy foll...
Overview of the Statements
The two statements discuss the alignment of India's economic development with W.W. Rostow's theory of economic growth and the progression from an agrarian to an industrial, and then to a service economy.
Statement-I: Economic Growth and Rostow's Theory
- Rostow's theory outlines five stages of economic growth: Traditional Society, Pre-Conditions for Take-Off, Take-Off, Drive to Maturity, and Age of High Mass Consumption.
- While India's economic growth reflects some elements of this theory, it does not fit neatly into Rostow's stages due to various historical, social, and political factors.
Statement-II: Progression of India's Economy
- India's economic development has indeed transitioned from an agrarian base to industrialization and finally to a service-oriented economy.
- This progression aligns with the general observation of many economies but is not strictly dictated by Rostow's stages.
Analysis of Correctness
- Statement-I is correct: India’s growth pattern does exhibit characteristics of Rostow’s stages, but it is not a perfect alignment.
- Statement-II is also correct: The progression from agrarian to industrial to service economy is evident in India, though it might not strictly adhere to the theory's linearity.
Conclusion
- Both statements are correct, but Statement-II does not solely explain Statement-I. They are related but do not imply a causal relationship.
Thus, the correct answer is option 'B': Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I.
The two statements discuss the alignment of India's economic development with W.W. Rostow's theory of economic growth and the progression from an agrarian to an industrial, and then to a service economy.
Statement-I: Economic Growth and Rostow's Theory
- Rostow's theory outlines five stages of economic growth: Traditional Society, Pre-Conditions for Take-Off, Take-Off, Drive to Maturity, and Age of High Mass Consumption.
- While India's economic growth reflects some elements of this theory, it does not fit neatly into Rostow's stages due to various historical, social, and political factors.
Statement-II: Progression of India's Economy
- India's economic development has indeed transitioned from an agrarian base to industrialization and finally to a service-oriented economy.
- This progression aligns with the general observation of many economies but is not strictly dictated by Rostow's stages.
Analysis of Correctness
- Statement-I is correct: India’s growth pattern does exhibit characteristics of Rostow’s stages, but it is not a perfect alignment.
- Statement-II is also correct: The progression from agrarian to industrial to service economy is evident in India, though it might not strictly adhere to the theory's linearity.
Conclusion
- Both statements are correct, but Statement-II does not solely explain Statement-I. They are related but do not imply a causal relationship.
Thus, the correct answer is option 'B': Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I.
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Consider the following statements:Statement-I:The Indian economy follows a growth pattern that aligns with W.W. Rostow's theory of economic growth stages.Statement-II:India's economic development has strictly followed the traditional progression from an agrarian economy to an industrial economy before transitioning to a service economy.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'B'. Can you explain this answer?
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Consider the following statements:Statement-I:The Indian economy follows a growth pattern that aligns with W.W. Rostow's theory of economic growth stages.Statement-II:India's economic development has strictly followed the traditional progression from an agrarian economy to an industrial economy before transitioning to a service economy.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements:Statement-I:The Indian economy follows a growth pattern that aligns with W.W. Rostow's theory of economic growth stages.Statement-II:India's economic development has strictly followed the traditional progression from an agrarian economy to an industrial economy before transitioning to a service economy.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:Statement-I:The Indian economy follows a growth pattern that aligns with W.W. Rostow's theory of economic growth stages.Statement-II:India's economic development has strictly followed the traditional progression from an agrarian economy to an industrial economy before transitioning to a service economy.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'B'. Can you explain this answer?.
Consider the following statements:Statement-I:The Indian economy follows a growth pattern that aligns with W.W. Rostow's theory of economic growth stages.Statement-II:India's economic development has strictly followed the traditional progression from an agrarian economy to an industrial economy before transitioning to a service economy.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements:Statement-I:The Indian economy follows a growth pattern that aligns with W.W. Rostow's theory of economic growth stages.Statement-II:India's economic development has strictly followed the traditional progression from an agrarian economy to an industrial economy before transitioning to a service economy.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:Statement-I:The Indian economy follows a growth pattern that aligns with W.W. Rostow's theory of economic growth stages.Statement-II:India's economic development has strictly followed the traditional progression from an agrarian economy to an industrial economy before transitioning to a service economy.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Consider the following statements:Statement-I:The Indian economy follows a growth pattern that aligns with W.W. Rostow's theory of economic growth stages.Statement-II:India's economic development has strictly followed the traditional progression from an agrarian economy to an industrial economy before transitioning to a service economy.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
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Here you can find the meaning of Consider the following statements:Statement-I:The Indian economy follows a growth pattern that aligns with W.W. Rostow's theory of economic growth stages.Statement-II:India's economic development has strictly followed the traditional progression from an agrarian economy to an industrial economy before transitioning to a service economy.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Consider the following statements:Statement-I:The Indian economy follows a growth pattern that aligns with W.W. Rostow's theory of economic growth stages.Statement-II:India's economic development has strictly followed the traditional progression from an agrarian economy to an industrial economy before transitioning to a service economy.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Consider the following statements:Statement-I:The Indian economy follows a growth pattern that aligns with W.W. Rostow's theory of economic growth stages.Statement-II:India's economic development has strictly followed the traditional progression from an agrarian economy to an industrial economy before transitioning to a service economy.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Consider the following statements:Statement-I:The Indian economy follows a growth pattern that aligns with W.W. Rostow's theory of economic growth stages.Statement-II:India's economic development has strictly followed the traditional progression from an agrarian economy to an industrial economy before transitioning to a service economy.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Consider the following statements:Statement-I:The Indian economy follows a growth pattern that aligns with W.W. Rostow's theory of economic growth stages.Statement-II:India's economic development has strictly followed the traditional progression from an agrarian economy to an industrial economy before transitioning to a service economy.Which one of the following is correct in respect of the above statements?a)Both Statement-I and Statement-II are correct and Statement-II explains Statement-Ib)Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-Ic)Statement-I is correct, but Statement-II is incorrectd)Statement-I is incorrect, but Statement-II is correctCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
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