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Question
It will be true to classify India as
Options:
A .  a labour-surplus economy
B .  a capital-surplus economy
C .  a trade-surplus economy
D .  a food-deficit economy
Answer: Option A
Answer: (a)India is a labour-surplus economy because in India there is disguised unemployment along with under-employment which means that qualified, skilled workforce willing to work is available but there are not enough employment opportunities.

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