Which type of economy is Indian economy ?
(a) developed
(b) developing
(c) underdeveloped
(d) none of these
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Answer:
Dear Friend..
b. Developing
Explanation:
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Answered by
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Answer:
B. developing
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Explanation:
A developing country (or a low and middle-income country (LMIC), less developed country, less economically developed country (LEDC), medium-industrialized country or underdeveloped country) is a country with a less developed industrial base and a low Human Development Index (HDI) relative to other countries.[1] However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category.[2][3] A nation's GDP per capita, compared with other nations, can also be a reference point. In general, the United Nations accepts any country's claim of itself being "developing".
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