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The economic growth model of Kerala is often referred to as a

AInvestment-led growth model

BConsumption-led growth model

CExport-oriented growth model

DGovernment-funded growth model

Answer:

B. Consumption-led growth model

Read Explanation:

  • High remittances translate directly into high consumer spending, making consumption the primary engine of Kerala's economic growth.

Related Questions:

What are the key services offered under the Vayomithram Scheme?

  1. Free medicines are distributed through mobile clinics.
  2. The scheme focuses on providing specialized care for bedridden patients.
  3. Services are limited to medical consultations only.
  4. Help desks are established to offer support and information.

    Identify the communities that are the sole beneficiaries of the SAMANWAYA scheme.

    1. Only Scheduled Caste (SC) communities across Kerala.
    2. Only Scheduled Tribe (ST) communities across Kerala.
    3. Both Scheduled Caste (SC) and Scheduled Tribe (ST) communities across Kerala.
    4. All backward classes including SC/ST communities across Kerala.

      What was the estimated poverty percentage for the total population of Kerala in 1983 according to Gourav Datt and Martin Ravallion?

      1. 37.76 percent
      2. 39.07 percent
      3. 38.82 percent
      4. 40.50 percent
        The high land prices in Kerala are often attributed to:
        Which of the following is a major challenge for the agricultural sector in Kerala?