Madhya Pradesh is primarily known for its agrarian economy. The state is home to a large number of farmers who grow a variety of crops, including wheat, rice, cotton, and soybeans. The state also has a significant livestock population, which contributes to the agricultural economy. In recent years, the state has been trying to diversify its economy and develop other sectors, such as manufacturing and tourism. However, the agrarian economy remains the backbone of the state’s economy.
Option A: Industrial economy. Madhya Pradesh does have a small industrial sector, but it is not the primary driver of the state’s economy. The state’s industrial sector is dominated by small-scale manufacturing, and there are few large-scale industries.
Option B: Service-based economy. The service sector is growing in Madhya Pradesh, but it is still a relatively small part of the state’s economy. The state’s service sector is dominated by government services, and there are few large private-sector service providers.
Option C: Agrarian economy. Madhya Pradesh is primarily an agrarian economy. The state is home to a large number of farmers who grow a variety of crops, including wheat, rice, cotton, and soybeans. The state also has a significant livestock population, which contributes to the agricultural economy.
Option D: Technology-driven economy. Madhya Pradesh is not a technology-driven economy. The state has a small technology sector, but it is not a major driver of the state’s economy.