(1)
According to Fisher - Clark thesis which one of the following is the correct sequence of structural shift in the process of development ?
Answer: Agriculture, Industry, Services
Answer: Agriculture, Industry, Services
Answer: attains continuing technical progress
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Answer: Modern sector increases its output share relative to the traditional sector
Answer: Inflation
Answer: High fiscal deficit and high current account deficit
Answer: Input subsidies
Answer: Foreign currency and securities held by the banks and corporate bodies
Answer: ASEAN
Answer: give a comparative advantage in that industry to large countries
Answer: Covering a risk of fluctuations in the foreign exchange rates in future
Answer: The commercial Banks will have less money to lend
Answer: Headline inflation−(food inflation+fuel inflation)
Answer: Internalization of negative spill over effects
Answer: 0.8 %
Answer: Per capita income is maximum
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