What is Bhutan's primarily economy based on?

Question

Question

This question was previously asked in

Bihar STET TGT (Social Science) Official Paper-I (Held On: 18 Sept, 2023 Shift 6)

Answer 1

The correct answer is Service

Key Points

Bhutan is a lower-middle income country based on Service sector.
Bhutan's small economy is based largely on hydropower, agriculture, and forestry, which provide the main livelihood for more than half the population.
Tourism is Bhutan’s largest foreign exchange earner and second largest source of revenue after hydropower.
Bhutan's Economy is equally depends on service and industry.
Among the service sector Tourism has a large share.

Additional Information