If it will be true to classify India as

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Question

If it will be true to classify India as

Options:

A . a trade-surplus economy

B . a food-deficit economy

C . a labour-surplus economy

D . a capital-surplus economy

Answer: Option C
Answer: (c)India is a labour-surplus economy because in India there is disguised unemployment along with underemployment which means that qualified, skilled workforce willing to work is available but there are not enough employment opportunities.

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