Multiple Choice Questions on The economy of Uttarakhand is known as ........ for State General Knowledge (GK) Preparation

Economy

Uttarakhand

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    The economy of Uttarakhand is known as ?

    Stable Economy

    Incorrect Answer

    Money Request Economy

    Correct Answer

    Borrowed Economy

    Incorrect Answer

    Unstable Economy

    Incorrect Answer
    Explanation:

    Uttarakhand's gross state domestic product for 2004 is estimated at $6 billion in current prices. Born out of partition of Uttar Pradesh, the new state of Uttarakhand produces about 8% of the output of the old Uttar Pradesh state. Like most of India, agriculture is one of the most significant sectors of the economy of Uttarakhand. Basmati rice, wheat, soybeans, groundnuts, coarse cereals, pulses, and oil seeds are the most widely grown crops. Fruits like apples, oranges, pears, peaches, litchis, and plums are widely grown and important to the large food processing industry. Agricultural export zones have been set up in the state for leechi, horticulture, herbs, medicinal plants, and basmati rice. As 86% of the state consists of hills, the yield per hectare is not very high. 86% of all croplands are in the plains while the remaining is from the hills.


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