India is regarded as a country with “Demographic Dividend”. This is due to
- AIts high population in the age group below 15 years
- BIts high population in the age group of 15-64 yearsCorrect
- CIts high population in the age group above 65 years
- DIts high total population
Explanation
The demographic dividend refers to the economic growth potential that results from shifts in a populations age structure. Specifically, it occurs when the share of the working age population, typically defined as those aged 15 to 64 years, is larger than the non working dependent share of the population. India is said to have a demographic dividend because a significant majority of its citizens fall into this productive age bracket, which can lead to increased labor supply, higher savings, and accelerated economic development if properly utilized through education and employment. Option B is correct because this age group represents the core workforce that drives the economy.
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