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Question : The economic reforms in India led to the emergence of a new middle class that is characterized by:  
 

Option 1: Traditional values and lifestyles  
 

Option 2: High levels of agricultural involvement  
 

Option 3: Consumerist lifestyles and increased purchasing power  

 

Option 4: Strong ties to the rural economy  


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Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Consumerist lifestyles and increased purchasing power  

 


Solution : The economic reforms in India led to the emergence of a new middle class characterized by consumerist lifestyles, increased purchasing power, and a shift towards service-oriented employment.

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