Question

Which of the following are the main causes of slow rate of growth of per capital income in India?
1- High capital - output ratio
2- High rate of growth of population
3- High rate of capital formation
4- High level of fiscal deficits

• A. 1 and 2
• B. 2, 3 and 4
• C. 1 and 4
• D. All of the above

Answer 1

The correct option is A 1 and 2

Following are the main causes of slow rate of growth of per capital income in India:-

• High capital - Output ratio
• High rate of growth of population