Indian Economy – Basics and Facts | Prudhvi Info GK
📌 Introduction The Indian Economy is one of the largest and fastest-growing economies in the world. It is a mixed economy, combining features of both capitalism and socialism. Understanding its basics is essential for exams like UPSC, SSC, Banking, Railways, Defence, and State PSCs. This article provides an overview of the structure, key sectors, economic concepts, and facts related to the Indian economy. 🏛️ Nature of the Indian Economy 📊 Sectors of the Indian Economy 💱 Key Features of the Indian Economy 📖 Important Economic Concepts 🏦 Banking & Financial Institutions 📊 Key GK Facts ❓ FAQs Q1. What type of economy is India?👉 A mixed economy. Q2. Which sector contributes most to India’s GDP?👉 Service sector. Q3. Who regulates the stock market in India?👉 SEBI (Securities and Exchange Board of India). Q4. When was the Reserve Bank of India established?👉 1935. Q5. What are LPG reforms?👉 Liberalization, Privatization, Globalization (1991 economic reforms). 📌 Conclusion The Indian economy is dynamic, growing, and diverse. From being an agriculture-driven economy, it has transformed into a service-led global powerhouse. For exams, focus on: 📢 Follow Prudhvi Info GK 👉 WhatsApp Channel: Follow PRUDHVI INFO on WhatsApp👉 Instagram: Prudhvi Info on Instagram👉 Facebook: Prudhvi Info on Facebook👉 Twitter (X): Prudhvi Info on X
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