Economics · Indian Economy
Based on which of the following characteristics is the Indian Economy often described as a 'dualistic economy'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Inefficient utilization of natural resources
- 2Co-existence of a modern sector and a traditional sector✓
- 3Recording higher rate of population growth
- 4Existence of large-scale income and wealth inequalities
Correct answer
Co-existence of a modern sector and a traditional sector
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