How has the growth of manufacturing industries impacted the economic development of India?
Increased GDP, employment generation, infrastructure development, foreign exchange earnings
Decreased production, trade deficits, unemployment, environmental degradation
Inflation, economic stagnation, poverty, social inequality
Corruption, black market activities, political instability, resource depletion
Answer and Solution
Answer
A. Increased GDP, employment generation, infrastructure development, foreign exchange earnings
Solution:
The growth of manufacturing industries in India has positively impacted the country's economic development by increasing GDP, generating employment, developing infrastructure, and earning foreign exchange through exports. These factors contribute to the overall progress of the nation. Therefore, the correct answer is 'Increased GDP, employment generation, infrastructure development, foreign exchange earnings'.
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