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An underdeveloped economy is generally characterised by : 1. Iow per capita income 2. Iow rate of capital formation 3. Iow dependency figure 4. working force largely in the tertiary sector

Correct Answer: 1 and 2

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Indian Economy MCQ: An underdeveloped economy is generally characterised by : 1. Iow per capita income 2. Iow rate of capital formation 3. Iow dependency figure 4. working force largely in the tertiary sector | Extra Education