What technology was primarily used for production at the time of Independence by the companies?

Low productivity technology

The correct answer is option 3- Low productivity technology

Low productivity technology was primarily used for production at the time of Independence by the companies.

The economic environment of business in India has been steadily changing mainly due to the government policies. At the time of Independence:
(a) The Indian economy was mainly agricultural and rural in character.
(b) About 70% of the working population was employed in agriculture.
(c) About 85% of the population was living in the villages.
(d) Production was carried out using irrational, low productivity technology.
(e) Communicable diseases were widespread, mortality rates were high. These was no good public health system.