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Q.

Select if the given statement is true/false:


In the Indian economy, the urban sector is larger than the rural sector.


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a

True

b

False 

answer is B.

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Detailed Solution

The given statement is false.
In India, the size of the rural sector is very large as compared to the urban sector. Around 65% of the population in India belongs to the rural sector. As a country develops, the urban sector starts growing more than the rural sector. The rural sector is also important for the development of any country as this sector supplies many raw materials to the urban sector.
The correct statement is that the rural sector is larger than the urban sector in the Indian economy.
 
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