Q.

Which of the following are the main causes of slow rate of growth of per capita income in India ?

I. High capital-output ratio
II. High rate of growth of population
III. High rate of capital formation
IV. High level of fiscal deficits
[A] Only I
[B] I and II only
[C] I and III only
[D] All of these
Answer & Explanation
Option: [B]

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