UPSC Exam > UPSC Videos > Famous Books for UPSC Exam (Summary & Tests) > Basic Features of Indian Economy
Basic Features of Indian Economy Video Lecture | Famous Books for UPSC Exam (Summary & Tests)
|
728 videos|1212 docs|628 tests
|
FAQs on Basic Features of Indian Economy Video Lecture - Famous Books for UPSC Exam (Summary & Tests)
| 1. What are the basic features of the Indian economy? |  |
Ans. The basic features of the Indian economy include a mixed economy system, a large agricultural sector, a growing services sector, a significant industrial base, and a demographic advantage with a young workforce. The economy is characterized by both private and public sectors playing a role in economic activities.
| 2. How does the mixed economy system contribute to the Indian economy? | |
Ans. The mixed economy system in India allows for both private and public sectors to coexist and contribute to the economy. This helps in promoting competition, innovation, and efficiency through private enterprises while also ensuring equitable distribution of resources and welfare through public sector initiatives.
| 3. What is the significance of the agricultural sector in the Indian economy? | |
Ans. The agricultural sector in India plays a crucial role as it employs a significant portion of the population and contributes to food security. It also serves as a source of raw materials for industries, supports rural development, and contributes to the export sector. The government has implemented various policies and initiatives to support the growth and modernization of the agricultural sector.
| 4. How does the growing services sector contribute to the Indian economy? | |
Ans. The growing services sector in India, which includes industries like information technology, telecommunications, finance, and healthcare, contributes significantly to the Indian economy. It generates employment, attracts foreign investment, earns foreign exchange through exports, and contributes to economic growth and development.
| 5. What is the demographic advantage of the Indian economy? | |
Ans. The demographic advantage of the Indian economy refers to its young and growing workforce. With a large population of working-age individuals, India has the potential to drive economic growth through increased productivity, innovation, and consumption. However, it also poses challenges in terms of providing adequate employment opportunities and skill development for the growing workforce.
Related Exams
About this Video
|
Dec 18, 2024 Last updated |
Video Description: Basic Features of Indian Economy for UPSC 2024 is part of Famous Books for UPSC Exam (Summary & Tests) preparation.
The notes and questions for Basic Features of Indian Economy have been prepared according to the UPSC exam syllabus.
Information about Basic Features of Indian Economy covers all important topics for UPSC 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Basic Features of Indian Economy.
Introduction of Basic Features of Indian Economy in English is available as part of our Famous Books for UPSC Exam (Summary & Tests) for UPSC & Basic Features of Indian Economy in
Hindi for Famous Books for UPSC Exam (Summary & Tests) course. Download more important topics related with notes, lectures and mock test series for
UPSC Exam by signing up for free.
Description
Video Lecture & Questions for Basic Features of Indian Economy Video Lecture | Famous Books for UPSC Exam (Summary & Tests) - UPSC full syllabus preparation | Free video for UPSC exam to prepare for Famous Books for UPSC Exam (Summary & Tests).
Information about Basic Features of Indian Economy
Here you can find the meaning of Basic Features of Indian Economy defined & explained in the simplest way possible.
Besides explaining types of Basic Features of Indian Economy theory, EduRev gives you an ample number of questions to practice Basic Features of Indian Economy tests,
examples and also practice UPSC tests.
|
728 videos|1212 docs|628 tests
|
|
Explore Courses for UPSC exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
practice quizzes
,video lectures
,Semester Notes
,Summary
,mock tests for examination
,Viva Questions
,Objective type Questions
,study material
,shortcuts and tricks
,Extra Questions
,Basic Features of Indian Economy Video Lecture | Famous Books for UPSC Exam (Summary & Tests)
,past year papers
,Previous Year Questions with Solutions
,ppt
,Free
,MCQs
,Important questions
,Basic Features of Indian Economy Video Lecture | Famous Books for UPSC Exam (Summary & Tests)
,Exam
,Basic Features of Indian Economy Video Lecture | Famous Books for UPSC Exam (Summary & Tests)
,Sample Paper
;
Study Basic Features of Indian Economy on the App
Students of UPSC can study Basic Features of Indian Economy alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Basic Features of Indian Economy,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Basic Features of Indian Economy is prepared as per the latest UPSC syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup