The term “Hindu rate of growth" refers to:

CA Foundation · Business Economics · MTP · May 2026
The term “Hindu rate of growth" refers to:
(A) A. High economic growth in 1950s
(B) B. Sustained growth above 8%
(C) C. Low growth before 1991 reforms
(D) D. Rapid service sector expansion

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Low growth before 1991 reforms

Topics: Indian Economy

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