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Question

Economics Question on Economic and Financial Affairs

Given below are two statements:
Statement-I : Between 1901-1951 in India, the relative product per worker in industry increased from above average to far above average and the relative product per worker in agriculture decreased from below average to even further below.
Statement-II: Between 1901-1951 in India, deindustrialization definitely occurred.
In the light of the above statements, choose the correct answer from the options given below:

A

Both Statement I and Statement II are true

B

Both Statement I and Statement II are false

C

Statement I is true but Statement II is false

D

Statement I is false but Statement II is true

Answer

Statement I is true but Statement II is false

Explanation

Solution

The correct answer is (C) : Statement I is true but Statement II is false.