Economics · Indian Economy
Which of the following represents the most significant structural challenge faced by the Indian economy?
- 1Low comparative volume of service exports relative to imports
- 2A significant mismatch between sectoral GDP shares and workforce employment distribution✓
- 3Excessive labor absorption by the formal industrial sector
- 4An excessively high household savings rate
Correct answer
A significant mismatch between sectoral GDP shares and workforce employment distribution
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