Question
Challenges Facing South Asia Quiz
Which of the following factors is impeding economic growth in India?
Poor infrastructure
It’s command economy
microlending
Outsourcing
Which of the following factors is impeding economic growth in India?
Poor infrastructure
It’s command economy
microlending
Outsourcing
Answers
GPT-4o mini
The factor that is primarily impeding economic growth in India from the options provided is **poor infrastructure**. While India has a rapidly growing economy, inadequate infrastructure, such as roads, transportation, and utilities, can hinder economic development and efficiency.
- **It's command economy:** India is actually a mixed economy with both market and command elements, but it is not primarily a command economy.
- **Microlending:** This often promotes economic growth by providing loans to those who might not have access to traditional banking.
- **Outsourcing:** While it has its challenges, outsourcing has also created many jobs and has been a significant factor in India's economic growth.
So, the correct answer is **Poor infrastructure**.
- **It's command economy:** India is actually a mixed economy with both market and command elements, but it is not primarily a command economy.
- **Microlending:** This often promotes economic growth by providing loans to those who might not have access to traditional banking.
- **Outsourcing:** While it has its challenges, outsourcing has also created many jobs and has been a significant factor in India's economic growth.
So, the correct answer is **Poor infrastructure**.