Question

The indicators of the economic growth in India are __________.

• A. Per capita income
• B. Rate of capital formation
• C. The production of food grains
• D. All of these

Answer 1

The correct option is D All of these

Economic indicators and associated parameters provide the important data points to enable informed decision making. The importance of the Gross Capital formation lies in the fact that this is that part of GDP which helps in the growth of the GDP itself. This is a must for achieving a high rate of production, capital formation, changes in production techniques and changes in the outlook of the people themselves.