explain three feature of Indian Economics
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↪Low per capita income
↪Excessive dependence of agriculture and primary producing
↪High rate of population growth
↪Existence of chronic unemployment and under-employment
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Answer:
Indian economics the currency can be revaluated and devaluated by the RBI
can be appreciated or depreciated by the govt in relation with the market mechanism.
Able to control the liquidity in the system. by injecting or withdrawing money to and from the system
The currency rate determined by the monetry policy team of RBI . and it have relation with the forex.
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