Question

Quel) the Indian economy on the eve of the Independence as:
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Answer 1

Explanation:

The Indian economy was an agro-based economy on the eve of independence. 75% of the Indian population was earning a livelihood from agriculture. Despite being a primary source of income for a major population, this sector faced decline under British rule.

Answer 2

Answer:

It is a known fact that over 70% of India's National Income comes from its agricultural activities. ... The Indian economy on the eve of independence with respect to agriculture was disheartening. The most important Indian sector was facing massive stagnation and continuous deterioration.