Economics · Development Economics
Given below are two statements: Statement I: Dualism refers to economic and social divisions in an economy, such as differences in technology level between sectors or regions, degrees of geographic development, and social customs. Statement II: Developing countries in early stages of development experience dualism, which has significant implications for their pattern and pace of future development. In the light of the above statements, choose the most appropriate answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Both Statement I and Statement II are incorrect
- 2Statement I is incorrect but Statement II is correct
- 3Statement I is correct but Statement II is incorrect
- 4Both Statement I and Statement II are correct✓
Correct answer
Both Statement I and Statement II are correct
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Development Economics MCQs →Want more practice questions on Development Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Development Economics