The economy of Bhutan relies on?

Correct option is B

The correct answer is: (b) Agriculture

Bhutan's economy primarily relies on agriculture, which employs a significant portion of the population. The majority of Bhutanese people are involved in subsistence farming, cultivating crops like rice, maize, and potatoes. Livestock rearing is also an integral part of Bhutan's rural economy.

Agriculture in Bhutan:

• Agriculture contributes significantly to Bhutan’s GDP, though its share has declined with the growth of other sectors.
• The agricultural sector is predominantly subsistence-based, with limited mechanization.
• Key crops include rice, maize, wheat, barley, and millet.

Tourism:

• Tourism is a growing sector in Bhutan’s economy but is regulated under the "High Value, Low Volume" policy to preserve the country's culture and environment.

Industry:

• The industrial sector is smaller and mainly focused on hydropower, which is exported to India and serves as Bhutan’s largest revenue source.

Additional Information:

Hydropower:

• Although agriculture employs the majority of the population, Bhutan’s largest economic revenue comes from hydropower exports to India.
• Hydropower is a vital contributor to foreign exchange earnings and infrastructure development.