Which of the following statements is correct with regards to the industrial sector in India?
A
A large number of industries face under utilization of production capacity.
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B
The incremental capital-output ratio has been falling over the planning period.
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C
In terms of regions, industrial development is quite balanced.
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D
None of the above
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Solution
The correct option is D A large number of industries face under utilization of production capacity. The correct statement is that a large number of industries face under utilization of production capacity. Others are incorrect because the
incremental capital-output ratio has been increasing over the planning
period and region-wise industrial development is quite imbalanced.