Domestic demand cause of India's growth - Industry & Commerce
Q. In India growth is mainly driven by- Published on 19 Oct 15a. Decrease of imports
b. Increase in exports
c. Domestic demand
d. Controlling inflation
ANSWER: Domestic demand
In India although the growth is driven by domestic demand, contribution of exports to economic growth Is important as exports of goods and services account for about one fourth of the GDP. Domestic consumption is more and is fuelling the current growth.
